Eramet S.A. (OTCMKTS:ERMAY – Get Free Report) shot up 21.4% during mid-day trading on Friday . The company traded as high as $6.64 and last traded at $6.63. 3,376 shares traded hands during trading, an increase of 122% from the average session volume of 1,520 shares. The stock had previously closed at $5.46.
Eramet Stock Performance
The firm’s 50 day moving average is $5.75 and its 200 day moving average is $6.15.
Eramet Company Profile
ERAMET SA operates as a mining and metallurgical company in France, Asia, Europe, North America, and internationally. The company extracts and processes manganese ore and nickel ore; and extracts and develops mineral sands. It also produces ferronickel, nickel pig iron, briquettes, nickel salts, high purity nickel, nickel ferroalloys, and alloy steel and casting; manganese alloys, such as high-carbon ferromanganese, silicomanganese, low and medium-carbon ferromanganese, and low-carbon silicomanganese for use in batteries, pigments, construction, and automotive industries; and mineral sands, such as titanium dioxide, high-purity pig iron, zircon, and ilmenite used in ceramics and pigments.
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