Eramet Shares Surge 4.67% Amid Tensions in Iran

Technical Indicators and Market Movements

By reaching 57.10 euros, Eramet's share price has risen above its 200-day moving average, which is at 55.52 euros. This indicator, which smooths out variations over a long period, is often used to distinguish between bullish and bearish trends: a crossover from below can signal a favorable turnaround. However, the stock remains significantly below its 50-day moving average, set at 65.80 euros, reflecting the selling pressure that has dominated recent weeks. The Relative Strength Index (RSI), which measures the intensity of recent movements, stands at 44, a still neutral zone but showing signs of improvement from recent levels. The support threshold identified at 46.10 euros was not tested during this pullback, while major resistance lies significantly higher, at 87.00 euros.

Impact of Energy Price Surge on Mining and Metallurgical Sectors

Today's session follows a sharp rise in energy prices due to military operations in Iran. The surge in oil prices, with Brent hitting 80.14 dollars a barrel, and a nearly 25% increase in European natural gas prices have reignited concerns about production costs across the mining and metallurgical sector. For a company like Eramet, which is exposed to nickel, manganese, and mineralized sands, the spike in energy prices not only increases operational costs but also indirectly supports the company, as the general rise in raw materials can boost metal prices. Over three months, the stock has shown a positive performance of 10.23%, while its year-on-year growth remains modest at 6.53%. The next key event for investors will be the publication of the first quarter 2026 revenue, scheduled for April 23, which will assess the concrete impact of recent geopolitical and energy developments on the group's activities.