Elmet Group Co.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $470.7M
- Price
- $15.70
- % Change (Daily % change from the live per-ticker quote feed.)
- -0.76%
- Volume
- 2.6K
Quote data as of 9:30 AM ET
About
The Elmet Group Co. engages in the provision of precision-engineered components. The firm offers its products and solutions to aerospace, defense, industrial, medical, semiconductor, electronics, energy industry and also the government. It operates through the Critical Materials Components and Engineered Microwave Products business divisions. The company was founded on September 13, 2024 and is headquartered in Portland, ME.
Quick stats
Shares outstanding30.0M
Computed float8.0M
Float sourceUnknown
Cash runway (months)Unknown
Dilution risk—
Has warrants—
Has convertibles—
Active shelf (Shelf registration (e.g. Form S-3) currently in effect — the company is pre-cleared to issue and sell new shares quickly. A standing dilution risk.)—
Active ATM (At-the-market offering — a program to sell newly issued shares directly into the open market at prevailing prices, diluting existing holders over time.)—
Key info
SectorIndustrials
IndustryManufacturing - Metal Fabrication
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0002101698
Websitewww.theelmetgroup.com
AI Summary
AI-generated15d agostandardbullishoperations updateThe Elmet Group Co. Increases Ownership in EQ Resources Limited, Furthering its Investment in Critical Tungsten Supply Chain
Elmet exercised its option to purchase 20 million ordinary shares of EQ Resources Limited, increasing its total holdings to approximately 23.65 million shares to secure a critical supply chain partner.
The investment reinforces a strategic collaboration that includes a five-year offtake agreement for tungsten concentrate from the Saloro mine in Spain, originally valued at an estimated A$30 million.
CEO Peter V. Anania emphasized that the move solidifies the company's commitment to resilient supply chains for critical raw materials, particularly for defense applications.