ERAMET S.A. (ERA.PA)
| Previous close | 79.30 |
| Open | 80.70 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 80.60 - 89.90 |
| 52-week range | 57.85 - 93.85 |
| Volume | |
| Avg. volume | 55,262 |
| Market cap | 2.528B |
| Beta (5Y monthly) | 1.55 |
| PE ratio (TTM) | 24.93 |
| EPS (TTM) | 3.54 |
| Earnings date | 25 July 2024 |
| Forward dividend & yield | 1.50 (1.89%) |
| Ex-dividend date | 04 June 2024 |
| 1y target est | 108.80 |
- Reuters
Mining stoppage adds to Eramet's New Caledonia woes
Eramet subsidiary SLN's nickel mining operations in northern New Caledonia have been suspended, adding to difficulties at the loss-making business that saw a slide in first-quarter output. SLN is part of a struggling New Caledonian nickel industry that the French government is trying to salvage with a proposed rescue package. Mining production at SLN was 1.0 million wet metric tons in the first quarter, down 32% from the same period last year, as issues over mining permits weighed on output.
GlobeNewswireEramet: Adjusted turnover of €761m in Q1 2024
Paris, 25 April 2024, 7:00 a.m. PRESS RELEASE Eramet: Adjusted turnover of €761m in Q1 2024 Adjusted turnover1 of €761m (-19%) reflecting, as expected, a strong negative price effect (-24%), while the positive volume effect is limited (+2%), penalised by the decline in SLN volumes sold Good operational performance of the Group’s main mining activities compared to the unfavourable comparison base of Q1 2023: +27% in manganese ore volumes sold from Gabon +52% in nickel ore volumes produced in Indo
- Reuters
UPDATE 1-Rio Tinto, Eramet and LG Energy seek to develop lithium extraction tech for Chile
Rio Tinto, Eramet and LG Energy are among 30 companies that have submitted proposals to develop lithium extraction technology for a Chilean salt flat in the early stages of exploration, state-run mining body ENAMI said. Chile is seeking to develop the salt flat known as Salares Altoandinos for lithium mining.
