Eramet (OTCMKTS:ERMAY) Trading Up 5.2%

Eramet S.A. (OTCMKTS:ERMAY)’s stock price shot up 5.2% during trading on Wednesday . The company traded as high as $10.92 and last traded at $10.92. 531 shares traded hands during mid-day trading, a decline of 80% from the average session volume of 2,707 shares. The stock had previously closed at $10.38.

Eramet Price Performance

The stock’s 50 day moving average price is $10.68 and its two-hundred day moving average price is $8.45.

Eramet Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, June 21st. Shareholders of record on Wednesday, June 5th were issued a dividend of $0.1598 per share. The ex-dividend date of this dividend was Tuesday, June 4th.

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.