Umicore S.A. (UMI.BR)
| Previous close | 13.80 |
| Open | 14.10 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 13.11 - 14.10 |
| 52-week range | 13.11 - 27.48 |
| Volume | |
| Avg. volume | 706,571 |
| Market cap | 3.153B |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 1.10 (8.39%) |
| Ex-dividend date | 29 Apr 2024 |
| 1y target est | N/A |
- Bloomberg
Umicore Delays $2 Billion Ontario Plant as EV Demand Slows
(Bloomberg) -- Umicore SA delayed plans for its C$2.8 billion ($2 billion) Ontario electric vehicle battery materials plant as consumer adoption falls short of expectations.Most Read from BloombergTrump Risks Losing Voters He Needs With Loaded Attacks on HarrisParis Sticks to Olympics Opening Event Plans After Rail SabotageThat Sudden Market Drop Was Scary for Investors But Long OverdueKamala Harris Narrows Gap With Trump in Polls From Her First WeekJD Vance’s ‘Cat Ladies’ Insult Sparks Criticis
- Reuters
Umicore profit slumps on weak EV demand, takes 1.6 billion euro writedown
(Reuters) -Metals recycling group Umicore reported on Friday a 24% fall in half-year core profit and booked a 1.6 billion euro impairment for its battery materials division in the face of weak demand for electric vehicles. The maker of catalytic converters and battery materials for carmakers has decided to postpone a "large scale" investment in an unspecified battery recycling plant in Europe due to EV market weakness. It will also delay a battery materials plant investment in Canada as it launches a strategic review of its business.
- Investing.com
Umicore shares rise after JPMorgan unveils double upgrade of materials tech group
Investing.com -- Brussels-listed shares in Umicore SA (EBR:UMI) were trading higher by more than 4% on Wednesday after analysts at JPMorgan upgraded their rating of the maker of catalytic converters and battery materials to "Overweight" from "Underweight."
