ERMAY
ERAMET S.A.
OTC Markets OTCPKUSDEQUITY
Basic Materials
DELAYED
Sell
-51/100
Last price
4.98
▲ 0.14 (2.89%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
Lower pane
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
—
Prev close
4.84
Day high
5.08
Day low
5.06
Volume
850
Market cap
$1.43B
P/E (TTM)
—
52W range
4.71 – 10.35
Trailing performance
Returnvs SPY
1W
-1.97%
-3.9%
1M
-4.60%
-5.8%
3M
-3.30%
-7.8%
6M
-13.09%
-31.3%
YTD
-25.45%
-39.7%
1Y
-25.45%
-41.9%
3Y
-34.47%
-116.7%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on ERMAY open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
0
Total on file
Fundamentals
Market cap$1.43B
Enterprise value$4.30B
Revenue (TTM)$3.01B
Gross profit$1.94B
EBITDA$191.00M
Net income$-520.00M
EPS (TTM)$-2.12
Free cash flow$-263.38M
Total cash$1.25B
Total debt$3.12B
Book value / share$1.78
Shares outstanding286.58M
Float208.29M
Short % of float—
Dividend yield0.00%
Beta (5Y)0.95
Valuation & profitability ratios
Trailing P/E—
Forward P/E—
PEG ratio—
Price / sales—
Price / book2.80
EV / revenue1.43
EV / EBITDA22.51
Gross margin64.64%
Operating margin1.44%
Profit margin-17.30%
Return on equity-38.73%
Return on assets-0.85%
Debt / equity215.55
Current ratio2.04
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $2.75B | $2.93B | $3.25B | $5.10B | — | -6.1% |
| Operating revenue | $2.75B | $2.93B | $3.25B | $5.10B | — | -6.1% |
| Cost of revenue | $1.28B | $1.22B | $1.34B | $1.77B | — | +5.3% |
| Gross profit | $1.47B | $1.71B | $1.91B | $3.34B | — | -14.3% |
| Research & development | $15.00M | — | $44.00M | $17.00M | $21.00M | — |
| Selling, general & admin | — | — | — | — | $1.15B | — |
| Total operating expense | $1.66B | $1.61B | $1.87B | $2.07B | — | +3.6% |
| Operating income | -$195.00M | $70.00M | $39.00M | $1.26B | — | -378.6% |
| Net interest income | -$158.00M | -$140.00M | -$111.00M | -$89.00M | — | -12.9% |
| Pre-tax income | -$525.00M | $41.00M | $102.00M | $1.19B | — | -1,380.5% |
| Tax provision | $43.00M | $94.00M | $88.00M | $264.00M | — | -54.3% |
| Net income | -$477.00M | $14.00M | $109.00M | $740.00M | — | -3,507.1% |
| Net income to common | -$477.00M | $14.00M | $109.00M | $740.00M | — | -3,507.1% |
| Basic EPS | -1.67 | 0.05 | 0.38 | 2.58 | — | -3,434.0% |
| Diluted EPS | -1.67 | 0.05 | 0.38 | 2.55 | — | -3,434.0% |
| EBIT | -$361.00M | $215.00M | $261.00M | $1.30B | — | -267.9% |
| EBITDA | $105.00M | $366.00M | $579.00M | $1.79B | — | -71.3% |
| Basic shares | 286.14M | 280.00M | 287.60M | 286.75M | — | +2.2% |
| Diluted shares | 286.14M | 280.00M | 289.42M | 290.37M | — | +2.2% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $568.00M | $631.00M | $1.08B | $1.12B | — | -10.0% |
| Cash & short-term investments | $591.00M | — | $1.61B | $1.66B | $1.18B | — |
| Accounts receivable | $225.00M | — | $221.00M | $369.00M | $375.00M | — |
| Inventory | $648.00M | $692.00M | $619.00M | $724.00M | — | -6.4% |
| Total current assets | $1.98B | $2.41B | $2.97B | $3.98B | — | -18.1% |
| Property, plant & equipment | $3.18B | $3.00B | $2.41B | $2.41B | — | +6.0% |
| Goodwill & intangibles | $169.00M | — | $330.00M | $375.00M | $361.00M | — |
| Total assets | $5.88B | $6.46B | $6.28B | $7.16B | — | -9.0% |
| Total current liabilities | $1.44B | — | $1.75B | $2.52B | $2.15B | — |
| Current debt | $477.00M | $322.00M | $603.00M | $520.00M | — | +48.1% |
| Long-term debt | $1.98B | $1.83B | $1.54B | $1.39B | — | +8.1% |
| Total debt | $2.52B | $2.22B | $2.23B | $2.00B | — | +13.5% |
| Total liabilities | $4.39B | $4.33B | $4.28B | $4.91B | — | +1.4% |
| Shareholder equity | $718.00M | $1.44B | $1.60B | $1.78B | — | -50.2% |
| Working capital | $536.00M | — | $1.22B | $1.47B | $969.00M | — |
| Net tangible assets | $549.00M | $1.44B | $1.27B | $1.41B | — | -61.9% |
| Shares issued | 28.76M | 28.76M | 28.76M | 28.76M | — | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$570.00M | $52.00M | $18.00M | $774.00M | — | -1,196.2% |
| Depreciation & amortisation | $466.00M | — | $324.00M | $489.00M | $142.00M | — |
| Change in working capital | -$112.00M | — | $73.00M | -$111.00M | -$80.00M | — |
| Operating cash flow | -$313.00M | -$125.00M | $172.00M | $991.00M | — | -150.4% |
| Capital expenditure | -$429.00M | -$602.00M | -$920.00M | -$588.00M | — | +28.7% |
| Investing cash flow | -$136.00M | -$306.00M | -$557.00M | -$513.00M | — | +55.6% |
| Share buybacks | -$8.00M | -$5.00M | -$10.00M | -$7.00M | — | -60.0% |
| Dividends paid | -$43.00M | — | -$100.00M | -$72.00M | -$4.00M | — |
| Financing cash flow | $437.00M | -$12.00M | $269.00M | -$60.00M | — | +3,741.7% |
| Free cash flow | -$742.00M | -$727.00M | -$534.00M | $403.00M | — | -2.1% |
| End cash position | $568.00M | $631.00M | $1.08B | $1.12B | — | -10.0% |
No filings published for this symbol yet.
Newly listed companies often have nothing on file until their first annual report.
Newly listed companies often have nothing on file until their first annual report.
| Line item | 2026-06-30 | 2025-12-31 | 2025-06-30 | YoY |
|---|---|---|---|---|
| Cash & equivalents | $1.23B | $568.00M | — | +116.4% |
| Cash & short-term investments | $1.25B | $591.00M | $746.00M | +111.8% |
| Accounts receivable | $229.00M | $225.00M | $189.00M | +1.8% |
| Inventory | $640.00M | $648.00M | $666.00M | -1.2% |
| Total current assets | $2.69B | $1.98B | — | +35.9% |
| Property, plant & equipment | $2.88B | $3.18B | $2.91B | -9.5% |
| Goodwill & intangibles | $353.00M | $169.00M | — | +108.9% |
| Total assets | $6.48B | $5.88B | $6.15B | +10.2% |
| Total current liabilities | $1.32B | $1.44B | $1.39B | -8.4% |
| Current debt | $334.00M | $477.00M | — | -30.0% |
| Long-term debt | $2.72B | $1.98B | $2.02B | +37.6% |
| Total debt | $3.12B | $2.52B | — | +23.5% |
| Total liabilities | $5.03B | $4.39B | $4.39B | +14.7% |
| Shareholder equity | $441.00M | $718.00M | — | -38.6% |
| Working capital | $1.37B | $536.00M | — | +155.0% |
| Net tangible assets | $88.00M | $549.00M | $540.00M | -84.0% |
| Shares issued | 28.76M | 28.76M | — | 0.0% |
No filings published for this symbol yet.
Newly listed companies often have nothing on file until their first annual report.
Newly listed companies often have nothing on file until their first annual report.
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | — | — | $0 | — |
| Next quarter | — | — | $0 | — |
| Current year | — | — | $3.18B | +15.5% |
| Next year | — | — | $3.57B | +12.4% |
Analyst targets & ownership
Mean target—
High target—
Low target—
Implied upside—
Analyst count—
ConsensusNONE
Strong buy / Buy— / —
Hold—
Sell / Strong sell— / —
Held by insiders0.00%
Held by institutions0.00%
Institutions holding0
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
4.97
+0.12% from price
SMA 20
5.06
-1.63% from price
SMA 50
5.16
-3.47% from price
SMA 100
5.44
-8.44% from price
SMA 200
6.23
-20.01% from price
EMA 12
4.97
+0.19% from price
EMA 26
5.06
-1.63% from price
EMA 50
5.17
-3.73% from price
RSI (14)
45.7
Neutral
MACD (12,26,9)
-0.09
Hist -0.02
ATR (14)
0.07
1.42% of price
Realised vol 30D
27.3%
Annualised
Bollinger upper
5.40
20, 2σ
Bollinger lower
4.72
20, 2σ
50 / 200 cross
Death
5.16 vs 6.23
Trend bias
Below 200
-20.01%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
1.16
More volatile than market
Correlation to SPY
0.26
Largely independent
Realised vol 30D
27.3%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-54.1%
Peak to trough
Max drawdown 5Y
-74.1%
Peak to trough
ATR 14
0.07
1.42% of price
Beta (reported)
0.95
5Y monthly, from filing
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 6, 21 | Exane BNP Paribas | UPGRADE | Neutral | Outperform |
Dividends & splits
Forward rate$0.17 / yr
Forward yield0.00%
5-year avg yield2.95%
Payout ratio301.26%
Ex-dividend dateJun 3, 2025
Next pay dateJun 18, 2025
Last split—
Split date—
Headlines
Eramet plans to apply under Argentina’s Large Investment Incentive Regime (RIGI) for a first expansion of Centenario-Ratones
GlobeNewswire · 6d ago
PT Weda Bay Nickel restarts its mining operations
GlobeNewswire · 27d ago
ERAMET (ENXTPA:ERA) Reports Mixed Production, Is The Valuation Discount Enough?
Simply Wall St. · 68d ago
Eramet SA (ERMAY) (H1 2026) Earnings Call Highlights: Lithium Ramp-Up Drives 45% EBITDA Surge ...
GuruFocus.com · 69d ago
EBITDA rebound in H1 2026; execution of the funding plan underway, essential for the Group in H2
GlobeNewswire · 70d ago
Eramet and Gabon sign MoU to boost local manganese ore processing
Mining Technology · 78d ago
Eramet and the Gabonese Republic sign a structured memorandum of understanding to sustainably transform the manganese value chain in Gabon
GlobeNewswire · 79d ago
PRIVATE STRATEGY · BY QUALIFICATION
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