On Monday, Eramet shares posted the second-biggest rise in the SBF 120 index on the Paris Bourse, thanks to the stimulus measures announced by China, which particularly benefited mining stocks.On Monday, at the meeting of the Political Bureau of the Central Committee of the Chinese Communist Party (CCP), China unveiled a series of initiatives designed to revive growth that has been stalled for many months.The aim is to implement a 'more proactive' fiscal policy and a 'moderately flexible' monetary policy next year.The idea is also to strengthen unconventional counter-cyclical adjustments, intensify policy coordination and make macroeconomic regulation more forward-looking, targeted and effective.'The country must vigorously stimulate consumption, improve investment efficiency and increase domestic demand on all fronts', the meeting concluded.These announcements benefited the stocks most sensitive to China, namely cyclical sectors such as metals, raw materials and mining groups.Antofagasta (+4%), Rio Tinto (+4%), Thyssenkrupp (+3.5%) and Glencore (+3.4%) were among the biggest risers on the STOXX Europe 600 index on Monday.At a time when European growth is relatively sluggish, a boost to the Chinese economy is welcome and could benefit the eurozone through trade," commented Alexandre Baradez, Head of Market Analysis at IG France.On the Paris Bourse, Eramet shares were up by more than 6% by midday.In addition to the positive effect on the mining sector as a whole, the French manganese, nickel and lithium producer benefited from favorable comments made by analysts at Bank of America.The American investment bank, which is maintaining its buy recommendation and price target of 100 euros on the share, said it saw the stock as "deeply undervalued" in a note released this morning.Copyright (c) 2024 CercleFinance.com. All rights reserved.
ERMA ERMAF In 11 months Estimated | Annual | $1.38 Per Share |
ERMA ERMAF 2 weeks ago Paid | Annual | $1.38 Per Share |
ERMA ERMAF 2 weeks ago Paid | Other | $0.22 Per Share |
ERMA ERMAF 5 Jun 2024 Paid | Annual | $1.63 Per Share |
ERMA ERMAF 4 Jun 2024 | Other | $1.64 Per Share |
ERMA ERMAF 26 May 2023 Paid | Annual | $3.76 Per Share |
30 Jul 2025 (40 Days) Date | | - Cons. EPS | - EPS |
23 Jul 2025 (33 Days) Date | | - Cons. EPS | - EPS |
19 Feb 2025 Date | | - Cons. EPS | - EPS |
24 Oct 2024 Date | | - Cons. EPS | - EPS |
25 Jul 2024 Date | | - Cons. EPS | - EPS |
ERMA ERMAF In 11 months Estimated | Annual | $1.38 Per Share |
ERMA ERMAF 2 weeks ago Paid | Annual | $1.38 Per Share |
ERMA ERMAF 2 weeks ago Paid | Other | $0.22 Per Share |
ERMA ERMAF 5 Jun 2024 Paid | Annual | $1.63 Per Share |
ERMA ERMAF 4 Jun 2024 | Other | $1.64 Per Share |
ERMA ERMAF 26 May 2023 Paid | Annual | $3.76 Per Share |
30 Jul 2025 (40 Days) Date | | - Cons. EPS | - EPS |
23 Jul 2025 (33 Days) Date | | - Cons. EPS | - EPS |
19 Feb 2025 Date | | - Cons. EPS | - EPS |
24 Oct 2024 Date | | - Cons. EPS | - EPS |
25 Jul 2024 Date | | - Cons. EPS | - EPS |
Industrial Materials Industry | Basic Materials Sector | Ms. Christel Bories CEO | OTC PINK Exchange | FR0000131757 ISIN |
FR Country | 8,770 Employees | 3 Jun 2025 Last Dividend | - Last Split | - IPO Date |
ERAMET S.A. stands as a prominent mining and metallurgical enterprise with a global footprint, engaging in operations across France, Asia, Europe, North America, and other international landscapes. Founded in 1880 with its headquarters rooted in Paris, France, the company specializes in the extraction and processing of manganese ore and nickel ore, alongside the development and exploration of mineral sands. Through its widespread operational bases, including the Moanda mine in Gabon, nickel mines in New Caledonia and Indonesia, and mineral sand mines in Senegal and Argentina, ERAMET S.A. contributes significantly to the sectors it serves, evidencing its historical progression and commitment to innovation and sustainability in the mining and metallurgical industry.
ERAMET S.A. specializes in extracting and processing manganese and nickel ore, foundational elements used extensively across various industries. These operations are pivotal to the company's core business activities, driving significant contributions to the global supply of these essential minerals.
The company produces an array of nickel-related products including ferronickel, nickel pig iron, and high purity nickel. These products are critical for manufacturing stainless steel and other alloys, underpinning sectors from construction to automotive and electronics.
ERAMET's production extends to nickel ferroalloys and alloy steel, materials coveted for their durability, resistance to corrosion, and essential role in advanced engineering and manufacturing processes.
The company's manganese alloys, such as high-carbon ferromanganese and silicomanganese, are used in batteries, pigments, and the construction and automotive industries, showcasing the diverse applications of ERAMET's products.
ERAMET extracts and develops mineral sands, including titanium dioxide, zircon, and ilmenite, used in ceramics, pigments, and other industrial applications. This segment of operations underscores the company's role in supplying materials critical for a variety of sectors.