Previous close | 75.80 |
Open | 75.80 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 75.80 - 75.80 |
52-week range | 62.81 - 108.50 |
Volume | |
Avg. volume | 14 |
Market cap | 2.3B |
Beta (5Y monthly) | 1.55 |
PE ratio (TTM) | 20.16 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 1.62 (2.14%) |
Ex-dividend date | 04 Jun 2024 |
1y target est | N/A |
French mining group Eramet said on Wednesday it had reached an agreement with the French government to continue its subsidiary SLN's mining operations in New Caledonia's Northern Province. Under the agreement, Eramet could extend financial guarantees granted to SLN, the mining group said, in a move that would effectively avert the risk of a stoppage on its troubled New Caledonian nickel subsidiary's operations.
French mining group Eramet said on Wednesday it had reached an agreement with the French government to continue its subsidiary SLN's mining operations in New Caledonia's Northern Province. Under the agreement, Eramet could extend financial guarantees granted to SLN, the mining group said, in a move that would effectively avert the risk of a stoppage on its troubled New Caledonian nickel subsidiary's operations.
French mining group Eramet faces a stoppage from Thursday at some of the mines operated by its troubled New Caledonian nickel subsidiary SLN in a dispute with local authorities over financial guarantees. SLN is preparing to suspend activity at its mines in New Caledonia's northern province after the provincial government rejected a short extension of the guarantees, which are required to cover potential environmental restoration, Eramet said in an emailed statement. Eramet said it was working with the French government on an agreement to extend the relevant guarantees, which expire on Wednesday, for a 12-month period.