Eramet shares fall back below their 20-day moving average of €38.37 and drop 14.5% in one month
The mining and metallurgy group is falling again on Monday, while the Paris market rises. The stock gives back part of its recent rebound, a few days after publishing its quarterly activity, and ranks among the laggards of the SBF 120.
A decline that contrasts with a well-oriented SBF 120
Eramet falls 2.34% to €37.48 intraday, while the SBF 120 gains 0.42% and the CAC 40 gains 0.48%.
The stock ranks among the largest decliners in the index, far from the leading group led by Vusion and Air France-KLM. This drop follows a fairly favorable week, with a gain of 11.08% over seven days, yet it leaves the price 14.39% below its level one month ago.
On October 29, the group published adjusted revenue of €746 million in the third quarter, up 4%, along with a 2026 adjusted EBITDA target between €540 million and €610 million. On October 12, it had also confirmed its planned €500 million capital increase in the fourth quarter.
The price falls back below its 20-day moving average and remains far from its 200-day moving average
The price is again below the 20-day moving average (€38.37, a gap of 2.32%), which it had regained during the rebound earlier in the week. It also remains clearly below the 50-day moving average at €42.16 and the 200-day moving average at €50.62, the latter standing nearly 26% above the current price.
The RSI at 44 remains neutral and signals neither overbought nor oversold conditions. The support at €33.74 is the lowest level identified in the data, while resistance stands at €45.66.
