Eramet (OTCMKTS:ERMAY) Shares Down 1.8% – Time to Sell?

Eramet S.A. (OTCMKTS:ERMAYGet Free Report) was down 1.8% on Monday . The stock traded as low as $7.22 and last traded at $7.22. Approximately 355 shares changed hands during trading, a decline of 84% from the average daily volume of 2,186 shares. The stock had previously closed at $7.35.

Eramet Trading Down 15.3 %

The company has a fifty day simple moving average of $7.44 and a 200-day simple moving average of $9.04.

About Eramet

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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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