Eramet (OTCMKTS:ERMAY) Trading Up 1.5% – Should You Buy?

Eramet S.A. (OTCMKTS:ERMAYGet Free Report) shot up 1.5% on Tuesday . The stock traded as high as $6.14 and last traded at $6.14. 714 shares were traded during mid-day trading, a decline of 66% from the average session volume of 2,101 shares. The stock had previously closed at $6.05.

Eramet Stock Performance

The stock’s 50 day simple moving average is $6.91 and its 200-day simple moving average is $8.86.

Eramet Company Profile

(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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