About Elmet Group Co
- Industry: Machinery
- Exchange: NASDAQ NMS - GLOBAL MARKET
- Country: US
- Website: https://theelmetgroup.com
Frequently Asked Questions
What is the 52-week range for ELMT?
The 52-week high is $25.03 and the 52-week low is $12.485.
What is the P/E ratio for ELMT?
The P/E ratio data is currently unavailable.
What is the dividend yield for ELMT?
This company does not currently pay a dividend or the data is unavailable.
What is the Return on Equity (ROE)?
ROE data is currently unavailable.
What is the Net Profit Margin?
Net Margin data is currently unavailable.
What is the Price to Book (P/B) Ratio?
P/B ratio data is currently unavailable.
Analyst Recommendation Trends
Wall Street analyst consensus for ELMT over the last few months:
Latest ELMT News
ELMT Stock Surges Over 11% – Elmet Technologies Lands $36M DLA Contract For Tungsten, Molybdenum Aerospace Materials
Elmet Technologies won a new DLA award for refractory-metal products as it expands its tungsten and molybdenum operations.
Elmet Technologies Awarded $36 Million Defense Logistics Agency Contract for Molybdenum and Tungsten Aerospace Materials
Contract covers high-performance alloys and precision wire used in the production of jet engine components Award is in addition to the $2 billion DLA tungsten stockpile contract announced September 14, 2026 Further strengthens Elmet’s role as a domestic supplier of critical materials to domestic ADG markets LEWISTON, Maine, Sept. 30, 2026 (GLOBE NEWSWIRE) -- Elmet Technologies, a wholly owned subsidiary of The Elmet Group Co. (NASDAQ: ELMT) ("ELMT" or the "Company"), today announced it has been
Elmet Technologies' Subsidiary Receives ~$36M Contract From Defense Logistics Agency To Provide Molybdenum And Tungsten Alloys And Precision Wire To U.S. National Defense Stockpile
Elmet Technologies, a wholly owned subsidiary of The Elmet Group Co. (NASDAQ: ELMT) ("ELMT" or the "Company"), today announced it has been awarded a contract valued at approximately $36 million by the
Tungsten Concentrate Prices Have Roughly Tripled Since January
Canada News Group News Commentary - Forecasters differ on how large the tungsten market is, but they agree on the direction. Market Data Forecast values the global market at $5.14 billion in 2025, estimates $5.56 billion for 2026, and projects $10.45 billion by 2034, a compound annual growth rate of 8.2% from 2026 to 2034. Active Companies from around the markets with current developments this week include: GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS), Almonty Industries Inc. (
Elmet to buy 4.99% interest in Masan High-Tech Materials for $2.5bn
The companies have entered into multi-year agreements for the committed supply and sale of tungsten products to the US market.
Elmet Group Secures 4.99% Stake In Vietnam-based Masan High-Tech Materials For $124.75M, Signs Multi-Year Tungsten Supply Agreements
Two industry leaders formalize strategic relationship spanning the full tungsten value chainInvestment includes a 4.99% ownership stake and multi-year supply agreements across key production stagesFurther advances the
The Elmet Group to Invest Approximately $125 Million in Masan High-Tech Materials to Strengthen Tungsten Supply Chain
Two industry leaders formalize strategic relationship spanning the full tungsten value chain Investment includes a 4.99% ownership stake and multi-year supply agreements across key production stages Further advances the objectives of the United States Government’s $450 million committed investment announced September 14, 2026 PORTLAND, Maine, Sept. 23, 2026 (GLOBE NEWSWIRE) -- The Elmet Group Co. (NASDAQ: ELMT) (“ELMT” or the “Company”), a U.S.-based provider of critical materials, precision-eng
Tungsten West signs supply deal with Elmet Technologies
The arrangement is estimated to have a nominal value of more than $1.87bn (£1.41bn) over the duration of the contract.
The Elmet Group Secures Long-Term Tungsten Offtake Agreement with Tungsten West’s Hemerdon Mine
Agreement expected to expand and strengthen tungsten supply chains across the U.S., UK, and allied nations with one of the world’s largest tungsten deposits Further advances the objectives of the United States Department of War’s $450 million committed investment announced September 14, 2026 Represents more than $230 million annually in offtake at current APT tungsten prices PORTLAND, Maine, Sept. 22, 2026 (GLOBE NEWSWIRE) -- The Elmet Group Co. (NASDAQ: ELMT) (“ELMT” or the “Company”), a U.S.-b
Elmet Group Expects To Take Over 1,000 Metric Tonnes Per Year Of Tungsten Concentrate; Agreement Represents Over $230M Annually In Offtake At Current Ammonium Paratungstate Tungsten Prices; Hemerdon Mine Targets Full-Scale Production By End Of Q1 2027
Agreement expected to expand and strengthen tungsten supply chains across the U.S., UK, and allied nations with one of the world’s largest tungsten depositsFurther advances the objectives of the United States Department
Elmet Group Signs Long-Term Tungsten Concentrate Offtake Agreement With Tungsten West Covering Production From Hemerdon Mine In Devon, England
Agreement expected to expand and strengthen tungsten supply chains across the U.S., UK, and allied nations with one of the world’s largest tungsten depositsFurther advances the objectives of the United States Department
Elmet Group (ELMT) Stock Gets Fair Value Boost After Analyst Target Increases
Elmet Group’s updated fair value has shifted from US$20.50 to US$23.00, and published analyst price targets now cluster in a range of about US$21 to US$25. Analysts link this change to the US$450m Department of War commitment and to their views on demand from defense, industrial and medical customers, along with the risks around execution and tungsten pricing. As you read on, you will see how this evolving narrative around Elmet Group may shape investor thinking from here. Stay updated as the...
The Elmet Group (ELMT) Announces $450 Million Commitment. Can Tungsten Expansion Deliver Profits?
The Elmet Group Co. (NASDAQ:ELMT) announced a $450 million committed Department of War investment on September 14 and closed the initial $200 million financing that day. The remaining $250 million is available through subsequent tranches beginning six months after closing, subject to specified conditions and drawdown deadlines. A separate Defense Logistics Agency contract has a […]
GoldHaven Highlights Landmark US$450 Million U.S. Government Investment to Secure Tungsten Supply Chain
VANCOUVER, British Columbia, Sept. 17, 2026 (GLOBE NEWSWIRE) -- GoldHaven Resources Corp. (“GoldHaven” or the “Company”) highlights the recent announcement of a US$450 million U.S. government investment in The Elmet Group aimed at expanding domestic tungsten capacity and securing America’s tungsten supply chain. The landmark commitment provides another powerful indication of tungsten’s growing strategic importance to national security, defence, aerospace and advanced manufacturing. Highlights US
Elmet: Government Deal Is A Big Positive, But There's Still Uncertainty
Elmet lands major U.S. government backing and up to a $2B supply dealâgrowth catalysts vs dilution risk. Click for more on ELMT stock.
Elmet Group: The Pentagon Deal Is Transformative, But The $2 Billion Headline Needs Context
Elmet Group stock surged on $450M DoD funding and a DLA contract up to $2B.
Roth Capital Reiterates Buy on The Elmet Group, Raises Price Target to $26
Roth Capital analyst Chip Moore reiterates The Elmet Group (NASDAQ:ELMT) with a Buy and raises the price target from $21 to $26.
The Elmet Group nabs $2.5B in DOD agreements
The agency’s deals aims to safeguard the domestic supply of the metal supporting over 100 programs. The funds will also go toward upgrading the supplier’s manufacturing plants in Maine, Michigan and Ohio.
Stock Market Today: S&P 500, Dow and Nasdaq Futures Fall as Brent Hovers Near $107 and FOMC Commences Two-Day Meeting— MSTR, CRWD, BMM in Focus (UPDATED)
U.S. stock futures declined on Tuesday, as the Dow Jones, S&P 500 and Nasdaq 100 indices fell, following Monday's lower close.
Springer Tungsten Complex secures $150m–175m funding
A JV will own and run the APT plant, while Blue Moon Metals retains control over the mine and mill.
Needham Maintains Buy on The Elmet Group, Raises Price Target to $25
Needham analyst James Ricchiuti maintains The Elmet Group (NASDAQ:ELMT) with a Buy and raises the price target from $21 to $25.
EQ Resources Takes Stake in U.S. Tungsten Processing JV
EQ Resources has signed a binding framework agreement for a 10% stake in a U.S. joint venture that plans to restart the 4,000-tonne-per-year Springer tungsten processing plant in Nevada.
Why Did CRWD, ELMT, OKTA Stocks Surge To 52-Week Highs Today?
Investors reassessed opportunities across cybersecurity, defense materials, and identity protection.
The Elmet Group Co. (ELMT) Discusses Strategic Investments, Defense Partnerships and Acquisition to Strengthen Tungsten Supply Chain - Slideshow
2026-09-14. The following slide deck was published by The Elmet Group Co.
The Elmet Group Co. (ELMT) Discusses Strategic Investments, Defense Partnerships and Acquisition to Strengthen Tungsten Supply Chain Transcript
The Elmet Group Co. (ELMT) Discusses Strategic Investments, Defense Partnerships and Acquisition to Strengthen Tungsten Supply Chain September 14, 2026 9:00...
This Strategic Metals Stock Surges on $450 Million Pentagon Deal
Elmet Group shares soared after the Defense Department announced a $450 million investment aimed at expanding U.S. tungsten production and reducing reliance on China.
What's going on in today's session
Looking for insights into the US markets one hour before the close of the markets on Monday? Delve into the top gainers and losers of today's session and gain valuable market intelligence.
Let's have a look at the top gainers and losers in the middle of the day of today's session.
Here are the top movers in Monday's session, showcasing the stocks with significant price changes.
Producer Of Strategic Metal Soars 43% On Pentagon Deals
The Elmet Group soared above a buy point Monday after the Pentagon agreed to invest $450 million in the company to boost domestic production of tungsten.
The market is filled with gapping stocks in Monday's session.
The session on Monday is off to an intriguing start with several stocks showing significant price gaps. Let's examine the gap up and gap down stocks in today's session.
12 Industrials Stocks Moving In Monday's Intraday Session
Gainers Nuburu, Inc. Common Stock (AMEX:BURU) stock increased by 4650.0% to $1.71 during Monday's regular session. Intercont (Cayman) (NASDAQ:NCT) shares moved upwards by 46.84% to $0.44. The company's market
Get insights into the top gainers and losers of Monday's pre-market session.
Wondering what's happening in Monday's pre-market session? Find an overview in this article.
Elmet Group Secures $450 Million US Government Investment to Expand Tungsten Supply Chain
The Elmet Group Co. (NASDAQ:ELMT) said on September 14, 2026, that the US Department of War has committed to invest $450 million in the company to expand domestic tungsten manufacturing and international mining capacity.
Crude Oil Jumps 3%; Corning Shares Move Lower
U.S. stocks fell Monday as tech slid; Nvidia may invest $10B in Anthropic’s IPO. Oil rose 3%, while gold, silver and copper declined.
ELMT Stock Soars Premarket: Elmet Lands $450M US Investment, $2B Defense Contract
A push to rebuild domestic tungsten supplies is putting ELMT and BMM in focus, with Elmet securing $450 million in government investment and a DLA contract worth up to $2 billion.
Elmet Group, Rum Group, Tyra Biosciences And Other Big Stocks Moving Higher On Monday
Nasdaq fell 1%, while Elmet surged 50.6% on $450M DoD funding plans; Rum, SailPoint, Tyra and cybersecurity stocks also rallied.
Blue Moon Metals, Elmet, EQ Resources to Invest Up to $175 Million in Tungsten Mine
Blue Moon Metals (BMM), along with Elmet (ELMT) and EQ Resources, made a binding agreement for a ser
Elmet Gets $450 Million US Investment; Wins Up to $2 Billion Defense Contract to Boost Tungsten Supply Chain
Elmet (ELMT) announced Monday that it will receive $450 million in committed investment from the US
Elmet Group Secures Up To $2B DLA Contract To Rebuild U.S. Defense Tungsten Stockpile
Supporting the Rebuilding of the U.S. National Defense StockpileThe initiatives announced today complement The Elmet Group’s recently secured indefinite delivery/indefinite quantity contract with the Defense Logistics
Blue Moon, The Elmet Group, and EQ Resources Announce a US$150-$175 Million Investment into the Springer Tungsten Complex, Nevada, to Strengthen the U.S. Tungsten Supply Chain
Blue Moon Metals Inc. ("Blue Moon" or the "Company") (TSXV: MOON) (NASDAQ: BMM), along with The Elmet Group Co. ("Elmet" or "TEG") (NASDAQ: ELMT), and EQ Resources Limited ("EQ") (ASX: EQR) (together the "Parties" or "Party"), are pleased to announce signing a binding letter agreement dated September 11, 2026 regarding a series of strategic transactions intended to unlock the value of Blue Moon's Springer Tungsten Complex ("Springer"), located in Imlay, Nevada.
Tungsten-Supplier Elmet Stock Rallies on Defense Funding - Here’s Why
Elmet Group shares surged almost 48% premarket after the company outlined plans for a $450 million committed investment to strengthen U.S. tungsten supply.
The Elmet Group to Deploy Strategic Capital to Strengthen U.S. and Allied Tungsten Supply Chain
$450 Million Department of War Committed Investment Expected to Expand ELMT's Global Tungsten Mining Network and Processing CapabilitiesPORTLAND, Maine, Sept. 14, 2026 (GLOBE NEWSWIRE) -- The Elmet Group Co. (NASDAQ: ELMT) ("ELMT" or the "Company"), a U.S.-based provider of critical materials, precision-engineered components, and advanced high-energy systems, plans to allocate capital from the $450 million committed investment from the United States Department of War (“DoW”) to establish a more
Department of War Makes Landmark $450 Million Committed Investment in The Elmet Group to Secure America’s Tungsten Supply Chain
Investment expected to enhance domestic manufacturing capacity and reduce foreign dependence on critical minerals Anticipated to expand ELMT’s resilient global tungsten mining network and processing capabilities ELMT secures up to $2 billion agreement to support the National Defense Stockpile Company to host investor call today at 9 a.m. ET PORTLAND, Maine, Sept. 14, 2026 (GLOBE NEWSWIRE) -- The Elmet Group Co. (NASDAQ: ELMT) (“ELMT” or the “Company”), a U.S.-based provider of critical materials
9 Industrials Stocks Moving In Monday's Pre-Market Session
Gainers Nuburu, Inc. Common Stock (AMEX:BURU) shares rose 5455.6% to $2.0 during Monday's pre-market session. Intercont (Cayman) (NASDAQ:NCT) stock increased by 70.17% to $0.51. The market value of their
Market-Moving News for September 14th
GLW: -8% | Corning shares are trading lower after the company announced a $2 billion offering. ELMT: 49% | Elmet Group Lands $450M US Government Investment To Expand Tungsten Manufacturing, To Invest More Than $165M
Blue Moon Metals, Elmet Group And EQ Resources To Invest $150M-$175M In The Springer Tungsten Complex In Nevada
Binding letter agreement dated September 11, 2026 regarding a series of strategic transactions intended to unlock the value of Blue Moon's Springer Tungsten Complex ("Springer"), located in Imlay, Nevada.
Elmet Group Lands $450M US Government Investment To Expand Tungsten Manufacturing, To Invest More Than $165M Across Maine, Michigan And Ohio With Federal Backing
The Elmet Group Co. (NASDAQ:ELMT) ("ELMT" or the "Company"), a U.S.-based provider of critical materials, precision-engineered components, and advanced high-energy systems, today announced a $450 million
Elmet: Continued Interest In This Rare Critical Supply Chain Play
Elmet Group debuted with strong IPO momentum, leveraging its role in securing US critical component supply chains. Read why ELMT stock is a hold.
How The Elmet Group Co. (ELMT) Is Bolstering the Military Supply Chain
Prosper Stars & Stripes, a long/short equity fund, recently released its second-quarter 2026 investor letter. The letter can be downloaded here. In Q2 2026, the portfolio delivered a strong net return of +30.1% compared to the Russell 2000 Index’s +21.5% return and the HFRX Equity Hedge Index’s +10.3% return. The long book drove performance, generating […]
The Elmet Group Co. Signs Agreement to Acquire ams OSRAM Schwabmünchen Metal Production Operations, Establishing European Manufacturing Footprint for Tungsten and Molybdenum Components
Acquisition Expected to Expand Global Production Capabilities for Critical Refractory Metal ProductsPORTLAND, Maine, Sept. 08, 2026 (GLOBE NEWSWIRE) -- The Elmet Group Co. (“Elmet,” the “Company,” “we,” or “our”) (NASDAQ: ELMT), a U.S.-based provider of precision-engineered components and advanced high-energy systems, today announced that it has signed a definitive agreement under which its newly formed German subsidiary, Elmet Technologies GmbH, will acquire the assets of ams OSRAM’s tungsten a
Elmet Group’s German Subsidiary To Acquire Assets Of ams OSRAM’s Tungsten And Molybdenum Manufacturing Operations In Schwabmünchen, Bavaria, Germany; Terms Undisclosed
The Elmet Group Co. ("Elmet," the "Company," "we," or "our") (NASDAQ:ELMT), a U.S.-based provider of precision-engineered components and advanced high-energy systems, today announced that
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Recent Insider Transactions
| Date | Name | Shares Changed | Price | Value |
|---|---|---|---|---|
| 2026-06-02 | Miklos Mark | +4,286 | - | - |
| 2026-05-19 | Knoll Scott W. | +35,357 | - | - |
| 2026-05-19 | Carpenter David Anthony | +18,857 | - | - |
| 2026-05-19 | Carpenter David Anthony | +10,000 | - | - |
| 2026-05-19 | Fox Derek Scott | +50,584 | - | - |
| 2026-05-19 | Detert James William | +19,714 | - | - |
| 2026-05-19 | Detert James William | +20,000 | - | - |
| 2026-05-19 | Lee Michael Steven | +33,750 | - | - |
| 2026-05-19 | Miklos Mark | +1,429 | - | - |
| 2026-05-19 | Anania Kimberly Monzeglio | +1,429 | - | - |
| 2026-05-19 | Chandler John Merton | +1,429 | - | - |
| 2026-05-19 | Chandler Christian T. | +12,286 | - | - |
| 2026-05-19 | Deveaux Brian Thomas | +1,429 | - | - |
| 2026-05-19 | Homiller William Jacob | +1,429 | - | - |
| 2026-05-19 | Leonard Kathie Merrill | +1,429 | - | - |
| 2026-05-19 | Woodward Peter H | +1,429 | - | - |
| 2026-04-22 | Leonard Kathie Merrill | +5,000 | $14 | $70,000 |
| 2026-04-22 | Anania Kimberly Monzeglio | +7,000 | $14 | $98,000 |