Eramet stock rebounds over 5% following 45% EBITDA increase
The mining group posts a marked rebound during the session, while the SBF 120 remains nearly flat. This recovery comes after the publication of significantly improved half-yearly results in late July, as the group continues finalizing its financing plan.
A rebound that brings the stock back above its 20-day moving average after a quarterly decline of over 20%
Eramet gains 5.23% to €46.26 during the session, compared to a closing price of €43.96 the previous day, and ranks among the strongest gainers on the SBF 120. Over the week, the stock is already showing over 10% gains, although the three-month decline remains significant at -20.92%. The technical setup reflects this dual movement: the price rises above the 20-day moving average at €43.22, with a positive gap of 7%, but remains below the 50-day moving average at €47.55, which acts as immediate resistance.
The RSI at 47, near neutrality, signals neither overbought nor seller exhaustion: today's bullish momentum reflects more of a rebound from recent lows than a trend acceleration. The resistance threshold identified at €48.38 will be the next level to watch if the movement continues.
EBITDA growth and Gabonese agreement support operational prospects
The fundamental backdrop supports this recovery. Half-yearly results published on July 29, 2026 showed adjusted EBITDA up 45% to €276 million, driven by the ramp-up of lithium and manganese operations, with adjusted free cash flow returning to equilibrium. Group net income remains negative following a write-down, and completion of the financing plan (capital increase) remains in focus. Additionally, the framework agreement signed with the Gabonese Republic in July, aimed at processing up to 700 kt of manganese ore annually by the end of 2031, strengthens medium-term operational visibility.
Resistance at €48.38 remains the next key level to gauge the strength of this rebound.
