ENXTPA:ERAMetals and Mining
ERAMET (ENXTPA:ERA) Restarts Weda Bay Mining On A Valuation Story Still Trading Cheap
Eramet (ENXTPA:ERA) has restarted mining at PT Weda Bay Nickel in Indonesia after a four month halt, a move that directly affects nickel ore volumes and future external sales guidance.
For context, ERAMET’s share price has retreated over the year despite today’s €45.68 level. The 90-day share price return is down 17.17% and the year-to-date share move is down 25.84%, while the 1-year total shareholder return has fallen a milder 1.30%.
Scan how ERAMET compares to other producers exposed to...