Eramet (OTCMKTS:ERMAY) Shares Up 2.4% – Here’s Why

Eramet S.A. (OTCMKTS:ERMAYGet Free Report)’s share price traded up 2.4% during trading on Friday . The stock traded as high as $5.79 and last traded at $5.79. 1,975 shares traded hands during mid-day trading, an increase of 37% from the average session volume of 1,437 shares. The stock had previously closed at $5.65.

Eramet Stock Performance

The stock has a 50 day moving average price of $5.53 and a 200 day moving average price of $6.86.

About Eramet

(Get Free Report)

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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