Globe Specialty Metals (GSM) Surpasses Q2 Earnings and Revenue Estimates
- Globe Specialty Metals (GSM) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.30 per share a year ago.
- 08/05/2024
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Ferroglobe Reports Strong Second Quarter 2024 Financial Results
- Narrowing annual Adj. EBITDA guidance to $150-170 million from $130-170 million previously Posted solid adjusted EBITDA of $58 million for the second quarter of 2024 Net cash positive of $64 million and adjusted gross debt of $81 million U.S. Department of Commerce announced preliminary duties on Russian FeSi imports Coreshell advanced EV battery testing yields promising results French operations restarted in Q2, driving silicon metal volume growth Paid quarterly cash dividend of $0.013 per share in June; next dividend on September 27 Shareholders approved the share buyback program at the June annual general meeting LONDON, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe”, the “Company”, or the “Parent”), a leading producer globally of silicon metal, silicon-based and manganese-based specialty alloys, today announces financial results for the second quarter of 2024.
- 08/05/2024
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Ferroglobe PLC (GSM) Q1 2024 Earnings Call Transcript
- Ferroglobe PLC (NASDAQ:GSM ) Q1 2024 Results Conference Call May 15, 2024 8:30 AM ET Company Participants Alex Rotonen - Vice President of Investor Relations Marco Levi - Chief Executive Officer Beatriz García-Cos - Chief Financial Officer Conference Call Participants Martin Englert - Seaport Research Partners Lucas Pipes - B. Riley Securities John Rolfe - Crest Rock Capital Alex Rotonen Good morning, everyone, and thank you for joining Ferroglobe's First Quarter 2024 Earnings Conference Call.
- 05/17/2024
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Ferroglobe (GSM) Q1 Earnings Beat Estimates, Revenues Dip Y/Y
- Ferroglobe's (GSM) Q1 top line reflects lower pricing in silicon metal and silicon-based alloys.
- 05/15/2024
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Globe Specialty Metals (GSM) Reports Break-Even Earnings for Q1
- Globe Specialty Metals (GSM) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to earnings of $0.05 per share a year ago.
- 05/14/2024
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Ferroglobe Reports Solid First Quarter 2024 Financial Results
- Posted adjusted EBITDA of $25.8 million for the first quarter of 2024 Net cash positive for the first time in the Company's history; all-time low gross debt of $81 million Initiated a quarterly cash dividend of $0.013 per share, paid on March 28, 2024; announcing a second quarter dividend of $0.013 per share, payable on June 27 Board approved stock buyback program; shareholder vote to approve buyback scheduled for June 2024 AGM Successfully restarted French operations on April 1, 2024, with all furnaces running Applying for permit to expand silicon metal production in the U.S. to address strong secular trends in solar and EV batteries Signed a memorandum of understanding with Coreshell, followed by an investment post-quarter after strong test results in our lab LONDON, May 14, 2024 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe”, the “Company”, or the “Parent”), a leading producer globally of silicon metal, silicon-based and manganese-based specialty alloys, today announced financial results for the first quarter 2024. Financial Highlights % % ($ in millions, except EPS) Q1 2024 Q4 2023 Q/Q Q1 2023 Y/Y Sales $ 391.9 $ 376.0 4% $ 400.9 (2%) Net (loss) income $ (2.0 ) $ (11.1 ) 82% $ 21.0 (110%) Adjusted diluted EPS $ — $ 0.07 82% $ 0.05 (110%) Adj.
- 05/14/2024
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Ferroglobe PLC Schedules First Quarter 2024 Earnings Call for May 15, 2024
- LONDON, May 13, 2024 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) announced today that it will issue first-quarter financial results after the market closes on Tuesday, May 14, 2024, and will host the quarterly earnings call on Wednesday, May 15, 2024, at 8:30 a.m. Eastern Time.
- 05/13/2024
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Ferroglobe Appoints Carsten Larsen as Chief Commercial Officer
- LONDON, March 13, 2024 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe”, the “Company,” or the “Parent”), a leading global producer of silicon metal, silicon-based and manganese-based ferroalloys, is pleased to announce that it has appointed Carsten Larsen as Chief Commercial Officer, effective April 1, 2024. Mr. Larsen brings three decades of international experience in developing new business growth strategies, maximizing sales and profitability, and leading cross-functional teams.
- 03/13/2024
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Ferroglobe (GSM) to Pioneer Battery-Grade Metallurgical Silicon
- Ferroglobe (GSM) joins forces with Coreshell to develop the lowest cost, longest range EV batteries by replacing graphite and silane-based silicon with metallurgical silicon for the first time.
- 03/12/2024
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Ferroglobe & Coreshell Sign a Memorandum of Understanding to Deliver World's First Battery-Grade Metallurgical Silicon for Electric Vehicles
- Partnership to enable development of the lowest cost, longest range EV batteries replacing graphite and silane-based silicon with metallurgical silicon for the first time. SAN LEANDRO, Calif.
- 03/12/2024
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Ferroglobe & Coreshell Sign a Memorandum of Understanding to Deliver World's First Battery-Grade Metallurgical Silicon for Electric Vehicles
- LONDON, March 11, 2024 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM), a world leading producer of silicon metal and ferroalloys, and Coreshell, a US-based battery technology company, today announced the signature of a memorandum of understanding. Together, Ferroglobe and Coreshell expect to produce the first battery-ready metallurgical silicon for the development of low-cost, high-range EV batteries in compliance with the U.S. Inflation Reduction Act.
- 03/11/2024
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LONGi and Ferroglobe Announce Silicon Long-Term Agreement
- XI'AN, China , March 4, 2024 /PRNewswire/ -- LONGi, the world's leading Solar technology company, and Ferroglobe PLC, a world leading producer of Silicon Metal and Ferroalloys, are pleased to announce that they have entered into a long-term supply agreement effective January 1, 2024. This agreement consolidates the partnership between the two companies and paves the way for even stronger collaboration in the future.
- 03/04/2024
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Ferroglobe PLC (GSM) Q4 2023 Earnings Call Transcript
- Ferroglobe PLC (GSM) Q4 2023 Earnings Call Transcript
- 02/22/2024
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Globe Specialty Metals (GSM) Surpasses Q4 Earnings and Revenue Estimates
- Globe Specialty Metals (GSM) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.42 per share a year ago.
- 02/21/2024
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Ferroglobe Reports Solid Fourth Quarter and Full Year 2023 Financial Results
- LONDON, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe”, the “Company”, or the “Parent”), a leading producer globally of silicon metal, silicon-based and manganese-based specialty alloys, today announced financial results for the fourth quarter and full year 2023. Introducing 2024 adjusted EBITDA guidance of $100 million to $170 million FINANCIAL HIGHLIGHTS 2023 revenue of $1.7 billion, down 36% Y/Y 2023 adjusted EBITDA of $315 million, down 63% Y/Y Q4 adjusted EBITDA declined to $60 million, down 42% from Q3 and down 54% from Q4-22 Q4 adjusted EBITDA margins were at 16% versus 25% in the prior quarter and 29% in Q4-22 Q4 adjusted EPS was $0.09 versus $0.27 in Q3 and $0.39 in Q4-22 Net debt increased to $101 million, up from $71 million in Q3 and down from $127 million in Q4-22 Total cash decreased to $138 million, down from $166 million in Q3 and $323 million in Q4-22 BUSINESS HIGHLIGHTS Posted solid financial and operational performance for the quarter and the full year despite softening demand and weak pricing Adjusted gross debt remained flat in Q4; declining to less than $100 million in February as a result of a $148 million redemption on February 16, 2024 Initiated a quarterly cash dividend of $0.013 per share, payable on March 28, 2024, to shareholders of record as of the close of business on March 22, 2024 Expecting to request the board of directors and shareholders to approve a share repurchase program Optimized French energy contract to drive strong results in 2023, received majority of related cash in 2024 Signed a term sheet for a partnership with a leading battery materials company in Europe and a memorandum of understanding with an advanced silicon-rich EV battery technology company in the US Dr. Marco Levi, Ferroglobe's Chief Executive Officer, commented, “2023 was a successful year for Ferroglobe with strong financial, operating and strategic performance as we significantly reduced our debt, acquired a strategic quartz mine and entered into two EV battery agreements while operating our plants at high efficiency levels.
- 02/21/2024
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Ferroglobe and LONGi Announce Long-term Silicon Supply Agreement
- LONDON, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe”, the “Company,” or the “Parent”), a leading global producer of silicon metal, silicon-based and manganese-based ferroalloys, and LONGi, the world's leading solar technology company, are pleased to announce that they have entered into a long-term supply agreement effective January 1, 2024. This agreement reinforces the partnership between the two companies and paves the way for even closer collaboration in the future.
- 02/20/2024
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Analysts Estimate Globe Specialty Metals (GSM) to Report a Decline in Earnings: What to Look Out for
- Globe Specialty Metals (GSM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 02/14/2024
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Ferroglobe Announces the Full Redemption of its Remaining 9.375% Senior Secured Notes Due 2025
- LONDON, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe”, the “Company,” or the “Parent”), a leading global producer of silicon metal, silicon-based and manganese-based ferroalloys, announces today that its subsidiary issuers of the 9.375% Senior Secured Notes due 2025 (the “Notes”) have given notice of full redemption of such Notes at 102.34375% of the principal amount plus accrued interest. The issuers elect to redeem an aggregate principal amount of $147,623,624 of the Notes, the entire amount outstanding as of the redemption date, plus accrued and unpaid interest and call premium of $4,075,027, assuming the expected redemption date of February 16, 2024.
- 02/05/2024
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Ferroglobe PLC Schedules Fourth Quarter and Full Year 2023 Earnings Call for February 22, 2024
- LONDON, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) announced today that it will issue fourth quarter and full-year financial results after the close of the market on Wednesday, February 21, 2024, and will host the quarterly earnings call on Thursday, February 22, 2024 at 8:30am Eastern Time. To join via phone:Conference call participants should pre-register using this link: https://register.vevent.com/register/BI99f4883faa1f4b43bdf1ff571a916e5b Once registered, you will receive the dial-in numbers and a personal PIN, which are required to access the conference call.
- 02/01/2024
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Ferroglobe: Buybacks Expected Amid Short Term Uncertainty
- Ferroglobe redeemed $150m in senior notes in the summer, lowering their Net Debt / LTM EBITDA to 0.45x. Based on the assumptions below, shares could trade 107% higher than the current market price a few years out. Management believes the silicon market has bottomed and expects demand to pick up in the second half of 2024.
- 01/08/2024
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3 Bargain Steel Stocks to Buy in 2024
- Mini-mill operator Steel Dynamics sports a low valuation and is growing at an enticingly rapid rate. Olympic Steel, which processes and distributes steel, may be even cheaper -- and faster growing.
- 01/02/2024
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7 Under-the-Radar Stocks Gearing Up for a 2025 Breakthrough
- A cadre of quietly thriving companies has been making significant strategic strides in a market where giants often grab the spotlight. These under-the-radar stocks are positioning themselves for a remarkable breakthrough by 2025.
- 12/22/2023
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Ferroglobe: Excellent Business At A Cheap Price
- GSM is one of the leading companies in silicon metals and silicon alloys globally. The primary buyers are steel, cast iron, and aluminum producers. The company has improved its balance sheet significantly over the last three years. Last quarter, GSM redeemed $150 million in senior notes, reducing the company's total debt to $316 million. GSM is more profitable than similar-sized “diversified metals and mining” companies, generating 43.7% Gross Margin, 14.1% ROTC, and 14.7% ROE.
- 12/12/2023
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3 Hidden-Gem Stocks Poised for a 500% Growth Spurt
- Embarking on the thrilling expedition of stock investment often leads investors down well-trodden paths, pursuing the giants that dominate headlines. However, the true adventure lies in unearthing the hidden-gem stocks waiting to surge into the limelight.
- 11/23/2023
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3 Hot Stocks Set for a 1000% Rally by the Decade's End
- In an era where adaptability and innovation are pivotal for success, envisioning the trajectory of companies navigating market volatility is both intriguing and essential. The article explores the strategies of three companies.
- 11/17/2023
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Ferroglobe: Strong Quarter In Soft Market
- Solid numbers despite soft macro environment. Balance sheet in great shape even with late year inventory build. Potential for return of capital once bonds are refinanced/retired.
- 11/08/2023
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Ferroglobe PLC Schedules Third Quarter 2023 Earnings Call for November 8, 2023
- LONDON, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ:GSM) announced today that it will issue third quarter financial results after the close of the market on Tuesday, November 7, 2023 and will host the quarterly earnings call on Wednesday, November 8, 2023 at 8:30am Eastern Time.
- 10/25/2023
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Ferroglobe (GSM) Q2 Earnings Beat Estimates, Revenues Dip Y/Y
- Ferroglobe (GSM) witnesses lower year-over-year revenues and earnings in Q2 due to declines in shipments and average realized prices.
- 08/16/2023
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Ferroglobe PLC (GSM) Q2 2023 Earnings Call Transcript
- Ferroglobe PLC (NASDAQ:GSM ) Q2 2023 Earnings Conference Call August 15, 2023 8:30 AM ET Company Participants Alex Rotonen - VP, IR Marco Levi - CEO & Executive Director Beatriz García-Cos - CFO & Principal Accounting Officer Conference Call Participants Lucas Pipes - B. Riley Securities Martin Englert - Seaport Research Partners John Rolfe - Crescent Capital Morten Normann - Carnegie Operator Good day, ladies and gentlemen, and welcome to Ferroglobe's Second Quarter 2023 Earnings Call.
- 08/15/2023
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Why Ferroglobe Stock Is Gaining Today
- Ferroglobe's Q2 earnings crushed expectations. Sales for the period also beat the average Wall Street target.
- 08/15/2023
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Ferroglobe: Unearthing Profits In The Silicon Sphere
- Ferroglobe: Unearthing Profits In The Silicon Sphere
- 07/29/2023
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Ferroglobe PLC Schedules Second Quarter 2023 Earnings Investor Call for August 15, 2023
- LONDON, July 24, 2023 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM), a leading global producer of silicon metal, silicon-based alloys, and manganese-based alloys, announced today that it will release its second-quarter financial results after the close of the market on Monday, August 14, 2023. The company will also host its quarterly earnings call on Tuesday, August 15, 2023, at 8:30 am Eastern Time.
- 07/24/2023
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Globe Specialty Metals (GSM) Q1 Earnings and Revenues Surpass Estimates
- Globe Specialty Metals (GSM) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.88 per share a year ago.
- 05/09/2023
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Ferroglobe PLC Schedules First Quarter 2023 Earnings Investor Call for May 10, 2023
- LONDON, April 24, 2023 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM), a leading global producer of silicon metal, silicon-based, and manganese-based ferroalloys, announced today that it will release its first-quarter financial results after the close of the market on Tuesday, May 9th, 2023. The company will also host its quarterly earnings call on Wednesday, May 10, 2023, at 8:30 am Eastern Time.
- 04/24/2023
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Best Penny Stocks To Buy Now? 10 To Watch Under $5
- Penny stocks to watch this week under $5 The post Best Penny Stocks To Buy Now? 10 To Watch Under $5 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 03/24/2023
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Ferroglobe: Crazy Cheap Even With Sandbagged Guidance
- 2022 adjusted EBITDA finished at $860 million. Midpoint-adjusted EBITDA guidance for 2023 seems like an easy hurdle.
- 02/24/2023
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Ferroglobe PLC (GSM) Q4 2022 Earnings Call Transcript
- Ferroglobe PLC (NASDAQ:GSM ) Q4 2022 Earnings Conference Call February 23, 2023 8:30 AM ET Company Participants Anis Barodawalla - Vice President, Investor Relations & Corporate Strategy Marco Levi - Chief Executive Officer Beatriz García-Cos - Chief Financial Officer Conference Call Participants Martin Englert - Seaport Research Partners Lucas Pipes - B. Riley Securities Michael Lam - Jemekk Brian DiRubbio - Baird Thomas Murphy - Odeon Capital Group Operator Good morning, ladies and gentlemen, and welcome to Ferroglobe's Fourth Quarter and Full Year 2022 Earnings Call.
- 02/23/2023
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Globe Specialty Metals (GSM) Q4 Earnings Surpass Estimates
- Globe Specialty Metals (GSM) delivered earnings and revenue surprises of 100% and 9.48%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 02/22/2023
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7 Must-Buy Penny Stocks to Add to Your Portfolio in 2023
- For anyone interested in must-buy penny stocks to add to your portfolio in 2023, the framework comes down to a single concept: high risk, and high rewards. To be sure, anyone venturing into this space must acknowledge that the sector represents a gamble.
- 02/22/2023
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Ferroglobe PLC Schedules Fourth Quarter and Full Year 2022 Earnings Investor Call for February 23, 2023
- LONDON, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) announced today that it will issue fourth quarter and full-year financial results after the close of the market on Wednesday, February 22, 2023, and will host the quarterly earnings call on Thursday, February 23, 2023, at 8:30 am Eastern Time.
- 02/01/2023
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Ferroglobe PLC: Market Tailwinds Present Buying Opportunity
- Ferroglobe's total revenues fell 26% (QoQ) to $264 million, with volumes down 20% (QoQ) to 50,545 MT. GSM has the chance to optimize and build an efficient asset footprint, considering that it is impacting the semiconductor industry.
- 01/12/2023
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Ferroglobe: Still Strong Despite Slowdown In Europe
- Third Best Adjusted EBITDA quarter ever and 5x higher than last year. Positive Cash Flow despite continued working capital build.
- 11/16/2022
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Ferroglobe (GSM) Earnings Miss Estimates in Q3, Increase Y/Y
- Ferroglobe (GSM) delivers year-over-year improvement in earnings courtesy of the cost-cutting initiatives undertaken over the past few years.
- 11/16/2022
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Ferroglobe PLC (GSM) Q3 2022 Earnings Call Transcript
- Ferroglobe PLC (NASDAQ:GSM ) Q3 2022 Earnings Conference Call November 16, 2022 8:30 AM ET Company Participants Anis Barodawalla - VP, IR Javier López Madrid - Executive Chairman Beatriz García-Cos - CFO & Principal Accounting Officer Benjamin Crespy - COO Craig Arnold - Chief Commercial Officer and EVP, Sales & Marketing Benoist Ollivier - Deputy CEO, Chief Technology & Innovation Officer Conference Call Participants Lucas Pipes - B. Riley Securities Martin Englert - Seaport Research Partners Michael Lam - Jemekk Capital Management Thomas Murphy - Odeon Capital Operator Good morning, ladies and gentlemen, and welcome to Ferroglobe's Third Quarter 2022 Earnings Call.
- 11/16/2022
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Why Ferroglobe Stock Fell as Much as 17% in Morning Trading Today
- The silicon metal and specialty alloys company reported earnings and investors were not happy with the numbers.
- 11/16/2022
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Ferroglobe Schedules Third Quarter 2022 Earnings Call for November 16, 2022
- LONDON, Nov. 07, 2022 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ:GSM) announced today that it will issue third quarter financial results after the close of the market on Tuesday, November 15, 2022 and will host the quarterly earnings call on Wednesday, November 16, 2022 at 8:30am Eastern Daylight Time.
- 11/07/2022
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Ferroglobe: Ride The Commodities Price Boom With This Undervalued Stock
- This article seeks to provide a valuation and pricing mechanism for Ferroglobe PLC. We will find a pricing mechanism for Ferroglobe by comparing its financial metrics to the rest of the U.S. market, assess its financial health, and attempt to find a valuation.
- 11/04/2022
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Has Ferroglobe (GSM) Outpaced Other Basic Materials Stocks This Year?
- Here is how Globe Specialty Metals (GSM) and Mercer International (MERC) have performed compared to their sector so far this year.
- 09/14/2022
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Despite Fast-paced Momentum, Globe Specialty Metals (GSM) Is Still a Bargain Stock
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Globe Specialty Metals (GSM) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 09/08/2022
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Ferroglobe (GSM) CEO, Marco Levi on Q2 2022 Results - Earnings Call Transcript
- Ferroglobe Plc (NASDAQ:GSM ) Q2 2022 Earnings Conference Call August 16, 2022 8:30 AM ET Company Participants Marco Levi - Chief Executive Officer Beatriz Garcia-Cos - Chief Financial Officer Benjamin Crespy - Chief Operating Officer Benoist Ollivier - Chief Technology and Innovation Officer Gaurav Mehta - Executive Vice President, Investor Relations Conference Call Participants Martin Englert - Seaport Research Partners Brian DiRubbio - Baird Thomas Murphy - Odeon Capital Group Gregory Bennett - Morgan Stanley Michael Lam - Jemekk Capital Management Operator Good morning ladies and gentlemen and welcome to Ferroglobe's second quarter 2022 earnings call. At this time, all participants are in a listen-only mode.
- 08/16/2022
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Ferroglobe Schedules Second Quarter 2022 Earnings Call for August 16, 2022
- LONDON, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ:GSM) announced today that it will issue second quarter financial results after the close of the market on Monday, August 15, 2022 and will host the quarterly earnings call on Tuesday, August 16, 2022 at 8:30am Eastern Daylight Time.
- 08/09/2022
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Ferroglobe PLC (GSM) CEO Marco Levi on Q1 2022 Results - Earnings Call Transcript
- Ferroglobe PLC (NASDAQ:GSM ) Q1 2022 Earnings Conference Call May 11, 2022 8:30 AM ET Company Participants Gaurav Mehta - Executive Vice President of Corporate Strategy, Technology, and Investor Relations Marco Levi - Chief Executive Officer Beatriz García-Cos Muntañola - Chief Financial Officer Benoist Ollivier - Chief Operating Officer and Deputy CEO Conference Call Participants Martin Englert - Seaport Research Brian DiRubbio - Baird Neill Morgan - BlueBay Operator Good morning, ladies and gentlemen, and welcome to Ferroglobe's first quarter 2022 earnings call. At this time, all participants are in a listen-only mode.
- 05/11/2022
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Why Ferroglobe Stock Popped on Wednesday
- After three years of losses, Ferroglobe is profitable again.
- 05/11/2022
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Globe Specialty Metals (GSM) Q1 Earnings Top Estimates
- Globe Specialty Metals (GSM) delivered earnings and revenue surprises of 20.55% and 4.50%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 05/10/2022
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Ferroglobe PLC Schedules First Quarter 2022 Earnings Call for May 11, 2022
- LONDON, May 03, 2022 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ:GSM) announced today that it will issue first quarter financial results after the close of the market on Tuesday, May 10, 2022 and will host the quarterly earnings call on Wednesday, May 11, 2022.
- 05/03/2022
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Ferroglobe Stock: Update On Potential Disruptions From Russia/Ukraine Conflict
- Company has provisioned supplies for any disruptions caused by Ukraine conflict.
- 03/28/2022
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Ferroglobe: The Good, The Better, The Potential Bonanza
- Fourth quarter profitability is the first sign of improved pricing flowing through.
- 03/03/2022
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Ferroglobe's (GSM) CEO Marco Levi on Q4 2021 Results - Earnings Call Transcript
- Ferroglobe's (GSM) CEO Marco Levi on Q4 2021 Results - Earnings Call Transcript
- 03/03/2022
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Why Ferroglobe Stock Jumped 24% Today
- The little-known metal stock made a killing last quarter and could see even better days ahead.
- 03/03/2022
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Why Ferroglobe Stock Popped Today
- 2022 could be a great year for silicon producers -- but beware 2023.
- 02/14/2022
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Ferroglobe: Thesis Intact Despite Sell Off. Next Year Is Going To Shine.
- Ferroglobe: Thesis Intact Despite Sell Off. Next Year Is Going To Shine.
- 11/18/2021
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Ferroglobe PLC (GSM) CEO Marco Levi on Q3 2021 Results - Earnings Call Transcript
- Ferroglobe PLC (GSM) CEO Marco Levi on Q3 2021 Results - Earnings Call Transcript
- 11/17/2021
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Ferroglobe Announces Plans to Restart Silicon Metal Facility in the United States
- LONDON, Sept. 29, 2021 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe” or the “Company”), a leading producer of silicon metal, silicon-based alloys and manganese-based specialty alloys, is pleased to announce today that its subsidiary, Globe Metallurgical Inc. (“GMI”), is considering plans to restart its silicon metal facility in Selma, Alabama (United States).
- 09/29/2021
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5 Penny Stocks To Buy That Turned $2,500 Into Over $21,000 In 2021
- Penny stocks that hit it out of the park in 2021 The post 5 Penny Stocks To Buy That Turned $2,500 Into Over $21,000 In 2021 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 09/07/2021
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Ferroglobe: Quickly Becoming A Cash Flow Machine
- Adjusted EBITDA over 10% above original full year guidance.
- 08/25/2021
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Ferroglobe PLC (GSM) CEO Marco Levi on Q2 2021 Results - Earnings Call Transcript
- Ferroglobe PLC (GSM) CEO Marco Levi on Q2 2021 Results - Earnings Call Transcript
- 08/24/2021
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Ferroglobe Reports Results for the Second Quarter 2021
- Sales of $418.5 million, Adjusted EBITDA of $34.1 million, and return to positive net income Sales of $418.5 million, Adjusted EBITDA of $34.1 million, and return to positive net income
- 08/23/2021
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Ferroglobe Announces Occurence of “Transaction Effective Date” Under Lock-Up Agreement Dated March 27, 2021 and Completion of Refinancing Transactions
- LONDON, July 30, 2021 (GLOBE NEWSWIRE) -- Ferroglobe PLC (the “Parent” or “Ferroglobe”), Ferroglobe Finance Company, PLC (the “UK Issuer”) and Globe Specialty Metals, Inc. (“Globe” and, together with the UK Issuer, the “Issuers”) today announce the occurrence of the “Transaction Effective Date” under the lock-up agreement dated March 27, 2021 (the “Lock-Up Agreement”) between the Parent and certain financial stakeholders. The Transaction Effective Date marks the completion of the financing proposal detailed in the Parent's releases on February 1, 2021 and March 28, 2021.
- 07/30/2021
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U.S. International Trade Commission Confirms Malaysian Imports Have Injured U.S. Silicon Metal Industry; U.S. Industry Applauds Antidumping Order
- WASHINGTON, July 28, 2021 /PRNewswire/ -- Globe Specialty Metals, Inc., a subsidiary of Ferroglobe PLC (NASDAQ:GSM) (GSM), and Mississippi Silicon LLC (MS), collectively representing the majority of American silicon metal production, today announced the U.S. International Trade Commission's (ITC) final 5-0 vote confirming that silicon metal imports from Malaysia have materially injured the U.S. industry. Following today's decision, the U.S. Department of Commerce (Commerce) will issue a formal antidumping (AD) duty order covering all imports from Malaysia for at least five years.
- 07/28/2021
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NEO Battery Materials inks agreement with Ferroglobe for silicon anode technology
- NEO Battery Materials Ltd (CVE:NBM) (OTCMKTS:NBMFF) (FRA:1BC) revealed that it has struck a Memorandum of Understanding (MoU) with Ferroglobe Innovation (FGI), a subsidiary of Ferroglobe PLC (NASDAQ:GSM) (FRA:5FG), a top global supplier of silicon metal, silicon-based and manganese-based specialty alloys and ferroalloys. The Vancouver battery metals resource company said the two firms entered into a non-disclosure agreement (NDA) in April and have “advanced discussions regarding the development of silicon powders and anode materials.
- 07/19/2021
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Extension of Super Senior Notes Offer Subscription Deadline in connection with the Offer to Subscribe for Additional 9.0% Senior Secured Notes Due 2025
- LONDON, July 08, 2021 (GLOBE NEWSWIRE) -- On June 23, 2021, Ferroglobe PLC (the “Parent”), Ferroglobe Finance Company, PLC (the “UK Issuer”) and Globe Specialty Metals, Inc. (“Globe” and, together with the UK Issuer, the “Issuers”) commenced the following transactions pursuant to the offering and consent solicitation memorandum dated June 23, 2021 (the “Offering and Consent Solicitation Memorandum”):
- 07/08/2021
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Notification of ISIN and Common Codes in Connection with Offer to Exchange the 9⅜% Senior Notes Due 2022 and Offer to Subscribe for Additional 9.0% Senior Secured Notes Due 2025
- LONDON, June 29, 2021 (GLOBE NEWSWIRE) -- On June 23, 2021, Ferroglobe PLC (the “Parent”), Ferroglobe Finance Company, PLC (the “UK Issuer”) and Globe Specialty Metals, Inc. (“Globe” and, together with the UK Issuer, the “Issuers”) commenced the following transactions pursuant to the offering and consent solicitation memorandum dated June 23, 2021 (the “Offering and Consent Solicitation Memorandum”):
- 06/29/2021
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Ferroglobe: Capital Raise And Regulatory Hurdles Surmounted. Stock Should Keep Shining
- Company completed $40mm equity capital raise on June 18th instead of planned rights offering.
- 06/24/2021
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Launch of (A) Offer to Exchange the 9⅜% Senior Notes Due 2022 for a Combination of New 9⅜% Senior Secured Notes Due 2025 and Equity Fee, (B) Consent Solicitation Relating to the 9⅜% Senior Notes Due 2022 and (C) Offer to Subscribe for Additional 9.0% Senior Secured Notes Due 2025
- LONDON, June 23, 2021 (GLOBE NEWSWIRE) -- Exchange Offer and Consent Solicitation
- 06/24/2021
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Successful signing of Equity Purchase Agreement relating to the sale of $40 million in aggregate gross proceeds of ordinary shares to certain investors
- LONDON, June 18, 2021 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (the “Company”) is pleased to announce that on June 18, 2021 it entered into an Equity Purchase Agreement with Rubric Capital Management LP (“Rubric”), on behalf of certain managed or sub-managed funds and accounts and Grupo Villar Mir, S.A.U. (“GVM”) relating to the sale of 7,803,791 ordinary shares to Rubric and 1,114,827 ordinary shares to GVM (collectively, the “Shares”) at an issue price of $4.485 per Share, which would result in aggregate gross proceeds of $40 million. The issue price per Share represents a 15% discount to the last reported closing price, $5.29, of our ordinary shares on the Nasdaq Capital Market on June 17, 2021. The Shares are expected to be issued on the transaction effective date for the transactions set forth under the lock-up agreement dated March 27, 2021 between the Company and certain financial stakeholders (the “Lock-Up Agreement”). Upon completion of this offering, the Company intends to use the net proceeds from this offering for general corporate purposes. With the proceeds from this offering, the Company will have satisfied its obligation to raise $40 million through the issuance of new equity to complete the transactions contemplated by the Lock-Up Agreement.
- 06/18/2021
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U.S. Department of Commerce Imposes Final Duties on All Silicon Metal Imports From Malaysia, US Producers Report
- WASHINGTON, June 17, 2021 /PRNewswire/ -- Globe Specialty Metals, Inc., a subsidiary of Ferroglobe PLC (NASDAQ:GSM) ("GSM"), and Mississippi Silicon LLC ("MS"), together representing the majority of American silicon metal production, today reported that the U.S. Department of Commerce ("Commerce") will impose final duties of 12.27% on all silicon metal imports from Malaysia. Today's decision closes out a set of investigations requested by GSM and MS last June to stop producers in four countries, including Malaysia, from selling dumped and unfairly subsidized metal imports into the United States – now, all have resulted in favorable final rulings.
- 06/17/2021
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Ferroglobe: Solid Execution And Turnaround Still On Plan
- Adjusted EBITDA came in at $22.1mm vs $-17.6mm last year. Revenue up 16% over last year driven largely by volume.
- 05/23/2021
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Ferroglobe PLC (GSM) CEO Marco Levi on Q1 2021 Results - Earnings Call Transcript
- Ferroglobe PLC (GSM) CEO Marco Levi on Q1 2021 Results - Earnings Call Transcript
- 05/18/2021
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Ferroglobe Reports Results for the First Quarter 2021
- Sales of $361.4 million and Adjusted EBITDA of $22.1 million
- 05/17/2021
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Ferroglobe Announces New Appointments and Changes to the Board of Directors
- LONDON, May 14, 2021 (GLOBE NEWSWIRE) -- Ferroglobe PLC (Nasdaq:GSM) (“Ferroglobe” or the “Company”), a leading producer of silicon metal, silicon-based alloys and manganese-based specialty alloys, is pleased to announce today that it has appointed Belen Villalonga, Silvia Villar-Mir de Fuentes, Nicolas De Santis, and Rafael Barrilero Yarnoz to the board of directors effective May 13, 2021.
- 05/14/2021
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Successful signing of Note Purchase Agreement relating to $40 million notes issuance under the Lock-Up Agreement dated March 27, 2021
- LONDON, May 13, 2021 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (the “Company”) refers to the Company's release on March 28, 2021 regarding the lock-up agreement dated March 27, 2021 (the “Lock-Up Agreement”) between the Company and certain financial stakeholders.
- 05/13/2021
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Ferroglobe: Balance Sheet Clean Up And Commodity Ripping A Potent Combo
- Company has successfully agreed to a lock up with 96% of their bonds due in 2022.
- 04/22/2021
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Successful conclusion of consent process under the Lock-Up Agreement dated March 27, 2021
- LONDON, April 21, 2021 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (the “Company”) refers to the Company's release on March 28, 2021 regarding the lock-up agreement dated March 27, 2021 (the “Lock-Up Agreement”) between the Company and certain financial stakeholders.
- 04/21/2021
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Extension of Consent Fee Deadline under the Lock-Up Agreement dated March 27, 2021
- LONDON, April 15, 2021 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (the “Company”) refers to the Company's release on March 28, 2021 regarding the lock-up agreement dated March 27, 2021 (the “Lock-Up Agreement”) between the Company and certain financial stakeholders.
- 04/15/2021
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Consent Fee Deadline under the Lock-Up Agreement dated March 27, 2021
- LONDON, April 12, 2021 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (the “Company”) refers to the Company's release on March 28, 2021 regarding the lock-up agreement dated March 27, 2021 (the “Lock-Up Agreement”) between the Company and certain financial stakeholders.
- 04/12/2021
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Ferroglobe Engages with the European Works Council on Proposals to Optimize Its Asset Footprint and Enhance Competitiveness in Europe
- LONDON, March 29, 2021 (GLOBE NEWSWIRE) -- Ferroglobe PLC (Nasdaq:GSM) (the “Company”), one of the world's leading producers of silicon metal, silicon-based alloys and manganese-based specialty alloys, announced today that it has engaged with the European Works Council (“EWC”) to discuss details of proposals for an asset optimization program designed to safeguard its long-term future in Europe. Through this process, the Company is seeking to reduce or cease production at some of its sites in Europe.
- 03/29/2021
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Ferroglobe Announces Agreement in Principle on Terms of Capital Raise, Extension of Bond Maturity and Entry into a Lock-Up Agreement
- LONDON, March 28, 2021 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (the “Company”) announces that it has reached an agreement in principle on the terms of the financing proposal, which was previously detailed in the Company's release on February 1, 2021, relating to a $100 million capital raise, consisting of issuances of new debt and equity, and a three-year extension of its 9.375% Senior Notes due 2022. On March 27, 2021, the Company entered into a lock-up agreement (the “Lock-Up Agreement”) with members of an “Ad Hoc Group,” being existing note holders representing in aggregate approximately 60% of the 2022 Senior Notes, and Tyrus Capital (“Tyrus”) as backstop provider in respect of a $40 million equity raise forming part of the transaction.
- 03/28/2021
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U.S. International Trade Commission Reaffirms Material Injury to the U.S. Silicon Metal Industry — Imports From Bosnia and Herzegovina, Iceland and Kazakhstan Subject to Duties of Up to 160%
- MIAMI, March 25, 2021 (GLOBE NEWSWIRE) -- Globe Specialty Metals, Inc. (“GSM”), a subsidiary of Ferroglobe PLC (NASDAQ: GSM), and Mississippi Silicon LLC (“MS”), together representing the majority of American silicon metal production, welcomed news on March 24th that the U.S. International Trade Commission's ("ITC") final 5-0 vote reaffirming that unfairly traded silicon metal imports from Bosnia and Herzegovina, Iceland, and Kazakhstan are materially injuring the U.S. industry.
- 03/25/2021
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ITC Reaffirms Material Injury to U.S. Silicon Metal Industry; Imports from Bosnia and Herzegovina, Iceland, and Kazakhstan Subject to AD/CVD Duties up to 160%
- WASHINGTON, March 24, 2021 /PRNewswire/ -- Globe Specialty Metals, Inc., a subsidiary of Ferroglobe PLC (NASDAQ:GSM) (GSM), and Mississippi Silicon LLC (MS), collectively representing the majority of American silicon metal production, today announced the U.S. International Trade Commission's (ITC) final 5-0 vote reaffirming that unfairly traded silicon metal imports from Bosnia and Herzegovina, Iceland, and Kazakhstan are materially injuring the U.S. industry. Today's decision clears the way for the U.S. Department of Commerce (Commerce) to issue final orders imposing antidumping (AD) and countervailing (CVD) duties on imports from these countries for at least five years.
- 03/24/2021
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Ferroglobe PLC (GSM) CEO Marco Levi on Q4 2020 Results - Earnings Call Transcript
- Ferroglobe PLC (GSM) CEO Marco Levi on Q4 2020 Results - Earnings Call Transcript
- 03/02/2021
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Ferroglobe Stock Crashes on Earnings Results
- Lower production volumes and weaker commodity prices hit the silicon miner hard in 2020. Will it turn things around in 2021?
- 03/02/2021
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Ferroglobe Reports Results for the Fourth Quarter and Full Year 2020
- Adjusted EBITDA of $5.7 million in Q4 2020 and $32.8 million in Full Year 2020
- 03/01/2021
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Ferroglobe Appoints David Girardeau as Vice President of People & Culture
- LONDON, March 01, 2021 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ:GSM) (“Ferroglobe” or the “Company”), a leading producer of silicon metal, silicon-based alloys and manganese-based specialty alloys, is pleased to announce that it has appointed David Girardeau as Vice President of People and Culture, effective immediately.
- 03/01/2021
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U.S. Department of Commerce Imposes Final Duties of Up to 160% on All Silicon Metal Imports From Bosnia and Herzegovina, Iceland and Kazakhstan
- MIAMI, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Globe Specialty Metals, Inc. (“GSM”), a subsidiary of Ferroglobe PLC (NASDAQ: GSM), and Mississippi Silicon LLC (“MS”), together representing the majority of American silicon metal production, welcomed news on February 23rd that the U.S. Department of Commerce ("Commerce") will impose final antidumping and countervailing duties of up 160% on all silicon metal imports from Bosnia and Herzegovina, Iceland, and Kazakhstan.
- 02/24/2021
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GSM Stock Price Increases Over 30%: Why It Happened
- The stock price of Ferroglobe PLC (NASDAQ: GSM) is trading at over 30% today. This is why it happened.
- 02/01/2021
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Ferroglobe regains compliance with Nasdaq minimum bid price requirement and maintains listing
- LONDON, Dec. 11, 2020 (GLOBE NEWSWIRE) -- Ferroglobe PLC (Nasdaq: GSM) (“Ferroglobe” or the “Company”), a leading producer globally of silicon metal, silicon-based and manganese-based specialty alloys, announced that it has received a notification letter from the Listing Qualifications Department of the Nasdaq Stock Exchange LLC (“Nasdaq”), notifying the Company that it has regained compliance with the minimum bid price requirement of Nasdaq listing rule 5550(a)(2) (the “Minimum Bid Requirement”).
- 12/11/2020
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U.S. Silicon Metal Producers Welcome Duties on Unfairly Traded Silicon Metal Imports From Bosnia and Herzegovina, Iceland
- MIAMI, Dec. 09, 2020 (GLOBE NEWSWIRE) -- Globe Specialty Metals, Inc. (“GSM”), a subsidiary of Ferroglobe PLC (NASDAQ: GSM), and Mississippi Silicon LLC (“MS”), together representing the majority of American silicon metal production, welcomed news on December 8th that the U.S. Department of Commerce ("Commerce") will impose preliminary duties of up to 47.54% on all silicon metal imports from Iceland and Bosnia and Herzegovina.
- 12/09/2020
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Ferroglobe Reports Results for the Third Quarter of 2020
- Sales of $ 2 62 . 7 million; Net loss of $( 46.8 ) million ; Adjusted EBITDA of $22.2 million
- 11/23/2020
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Ferroglobe PLC Schedules Third Quarter 2020 Earnings Investor Call for November 24, 2020
- LONDON, Nov. 13, 2020 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ:GSM) announced today that it will issue third quarter 2020 financial results after the close of the market on Monday, November 23, 2020 and will host the quarterly earnings call on Tuesday, November 24, 2020. Ferroglobe invites all interested persons to participate on its conference call at 9:00 AM, U.S. Eastern Standard Time. The dial-in number for the call for participants in the United States is +1-877-293-5491 (conference ID 9939707). International callers should dial +1-914-495-8526 (conference ID 9939707). Please dial in at least five minutes prior to the call to register. The call may also be accessed via an audio webcast available at https://edge.media-server.com/mmc/p/itnuz76f
- 11/13/2020
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Ferroglobe Appoints Thomas Wiesner as Chief Legal Officer
- LONDON, Nov. 02, 2020 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ:GSM) (“Ferroglobe” or the “Company”), announced that it has appointed Thomas Wiesner as Chief Legal Officer, effective immediately. In addition to his responsibilities as Chief Legal Officer, Mr. Wiesner is expected to be appointed as Secretary to the Board of Directors of the Company at our upcoming Board meeting.
- 11/02/2020
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Ferroglobe (GSM) CEO, Marco Levi on Q2 2020 Results - Earnings Call Transcript
- Ferroglobe PLC (NASDAQ:GSM) Q2 2020 Earnings Conference Call September 1, 2020 9:00 am ET Company Participants Marco Levi - Chief Executive Officer Beatriz Garcia-Cos - Chief Financial Officer Conference Call Participants Nick Jarmoszuk - Stifel Brett Levy - unknown firm Presentation Operator Good morning ladies and gentlemen and welcome to Ferroglobe’s second quarter 2020 earnings call.
- 09/01/2020
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Ferroglobe PLC 2020 Q2 - Results - Earnings Call Presentation
- The following slide deck was published by Ferroglobe PLC in conjunction with their 2020 Q2 earnings call.
- 09/01/2020
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ITC Finds U.S. Silicon Metal Producers Injured by Imports from Bosnia and Herzegovina, Iceland, Malaysia, and Kazakhstan
- MIAMI, Aug. 13, 2020 (GLOBE NEWSWIRE) -- Globe Specialty Metals, Inc., a subsidiary of Ferroglobe PLC (NASDAQ:GSM) (“GSM”), and Mississippi Silicon LLC (“MS”), collectively representing the majority of American silicon metal production, today announced that the U.S. International Trade Commission (“ITC”) will continue investigating the harm caused by imports of silicon metal into the United States. The announcement comes after Commissioners voted 5-0 that there is a “reasonable indication” that silicon metal imports from Bosnia and Herzegovina, Iceland, Malaysia and Kazakhstan are materially injuring the U.S. industry. The ITC’s preliminary decision follows a July 21, 2020 announcement that the U.S. Department of Commerce (“DOC”) would investigate unfair pricing and subsidies of these products.“Unfair and illegal trade practices can have devastating effects, not just on the businesses and workers directly and most immediately impacted – the local communities and the entire economy also suffer from the fallout,” said Marco Levi, Chief Executive Officer of GSM’s parent, Ferroglobe. “We applaud the ITC for taking this step toward restoring fair competition to the U.S. silicon metal market.”On June 30, 2020, GSM and MS filed petitions to stop silicon metal producers in Bosnia and Herzegovina, Iceland, Malaysia and Kazakhstan from selling dumped and unfairly subsidized silicon metal imports into the United States. In their petitions, the companies asked the DOC and ITC to impose duties on Bosnia and Herzegovina, Iceland and Malaysia to offset unfair pricing and to impose duties on Kazakhstan to offset unfair subsidies.Now that the ITC has made its initial determination, duties could be imposed on imports from Kazakhstan as early as September 2020, and on imports from Bosnia and Herzegovina, Iceland and Malaysia as early as December 2020.“Today’s vote reaffirms what U.S. producers of silicon metal and their workers have known for years – that our industry is suffering as a result of dumped and subsidized imports,” said Eddie Boardwine, Chief Operations Officer of MS. “Fortunately, our trade laws are set up to support fair trade. On behalf of our employees, customers, and colleagues, we applaud the ITC for its commitment to addressing harmful trade practices and look forward to seeing a level playing field restored.”Silicon metal is an important element added to various grades of aluminum alloys used in performance applications such as automotive components and aerospace products. Silicon metal also is a critical raw material in the production of silicone compounds used in numerous products including sealants, adhesives, rubber gaskets, caulking compounds, lubricants, food additives, coatings, polishes, and cosmetics, among others. In addition, silicon metal is the base material in the production of polysilicon, a purified form of silicon used in solar cells and semi-conductors.About Globe Specialty MetalsGlobe Specialty Metals, Inc. is a wholly-owned U.S. subsidiary of Ferroglobe PLC, one of the world’s leading suppliers of silicon metal, silicon- and manganese- based specialty alloys and ferroalloys, serving a customer base across the globe in dynamic and fast-growing end markets, such as solar, automotive, consumer products, construction and energy. Through its subsidiaries, GSM owns metallurgical manufacturing facilities and other operations in Ohio, West Virginia, New York, Alabama, Indiana, Florida and Kentucky.INVESTOR CONTACT: Gaurav Mehta, EVP - Investor Relations investor.relations@ferroglobe.com
- 08/13/2020
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U.S. Silicon Metal Producers: ITC Finds Harm Caused by Imports from Bosnia and Herzegovina, Iceland, Malaysia, and Kazakhstan
- Globe Specialty Metals, Inc., a subsidiary of Ferroglobe PLC (NASDAQ:GSM) ("GSM"), and Mississippi Silicon LLC ("MS"), collectively representing the majority of American silicon metal production, today announced that the U.S. International Trade Commission ("ITC") will continue investigating the harm caused by imports of silicon metal into the United States. The announcement comes after Commissioners voted 5-0 that there is a "reasonable indication" that silicon metal imports from Bosnia and Herzegovina, Iceland, Malaysia and Kazakhstan are materially injuring the U.S. industry.
- 08/13/2020
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Ferroglobe announces listing transfer to the NASDAQ Capital Market
- LONDON, Aug. 03, 2020 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe” or “the Company”), a leading producer of silicon metal, silicon alloys and manganese-based specialty alloys, has received approval from the NASDAQ Stock Market LLC (“NASDAQ”) of the Company’s request to transfer listing of its ordinary shares to the NASDAQ Capital Market from the NASDAQ Global Select Market. As previously disclosed, NASDAQ notified Ferroglobe in November 2019 that the Company was out of compliance with the minimum bid price requirement of NASDAQ listing rule 5550(a)(2), as the closing bid price for its shares had remained below $1.00 for more than thirty consecutive days. On transfer to the NASDAQ Capital Market, Ferroglobe receives an additional 180-day grace period, effective August 4, 2020, within which to regain compliance with the minimum closing bid price requirement for continued listing. The Company has given written assurance to NASDAQ that it intends to do so, if necessary, by means of a reverse stock split.The transfer is expected to take effect on at the start of trading on August 4, 2020. The Company’s shares will continue to trade under the symbol “GSM”. The NASDAQ Capital Market is a continuous trading market that operates in substantially the same manner as the NASDAQ Global Select Market, and listed companies must meet certain financial and corporate governance requirements to qualify for continued listing.About FerroglobeFerroglobe is one of the world’s leading suppliers of silicon metal, silicon- and manganese-based specialty alloys and ferroalloys serving a customer base across the globe in dynamic and fast-growing end markets, such as solar, automotive, consumer products, construction and energy. The Company is based in London. For more information, visit http://investor.ferroglobe.com.Forward-Looking StatementsThis release contains “forward-looking statements” within the meaning of U.S. securities laws. Forward-looking statements are not historical facts but are based on certain assumptions of management and describe the Company’s future plans, strategies and expectations. Forward-looking statements often use forward-looking terminology, including words such as “anticipate”, “believe”, “could”, “estimate”, “expect”, “forecast”, “guidance”, “intends”, “likely”, “may”, “plan”, “potential”, “predicts”, “seek”, “will” and words of similar meaning or the negative thereof.Forward-looking statements contained in this press release are based on information currently available to the Company and assumptions that management believe to be reasonable, but are inherently uncertain. As a result, Ferroglobe’s actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements, which are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that are, in some cases, beyond the Company’s control.Forward-looking financial information and other metrics presented herein represent the Company’s goals and are not intended as guidance or projections for the periods referenced herein or any future periods.All information in this press release is as of the date of its release. Ferroglobe does not undertake any obligation to update publicly any of the forward-looking statements contained herein to reflect new information, events or circumstances arising after the date of this press release. You should not place undue reliance on any forward-looking statements, which are made only as of the date of this press release.INVESTOR CONTACT:Gaurav Mehta, EVP - Investor Relationsinvestor.relations@ferroglobe.com
- 08/03/2020
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Ferroglobe PLC (GSM): Hedge Funds Done Selling
- The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of March 31st, a week after the market trough. Now, we are […]
- 07/04/2020
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Ferroglobe Appoints Craig Arnold as Executive Vice President, Sales and Marketing
- Mr. Arnold succeeds Jeff Watson, who chose to step down from his position to pursue other interests while being closer to his family in the United States. Mr. Arnold brings over two decades of international expertise as a senior professional at Dow Chemical, where he was responsible for successfully developing and growing a diverse group of businesses internationally. Since joining Dow in 1997, Mr. Arnold has held a number of senior leadership roles globally.
- 07/01/2020
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Globe Specialty Metals and Mississippi Silicon File Unfair Trade Cases Against Bosnia and Herzegovina, Iceland, Malaysia, and Kazakhstan
- MIAMI, June 30, 2020 -- Globe Specialty Metals, Inc., a subsidiary of Ferroglobe PLC (NASDAQ:GSM) (“GSM”), and Mississippi Silicon LLC (“MS”), collectively representing the.
- 06/30/2020
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Ferroglobe PLC (GSM) Q1 2020 Earnings Call Transcript
- Good morning, everyone, and thank you for joining Ferroglobe's first quarter 2020 conference call. Joining me today are Marco Levi, our Chief Executive Officer; Gaurav Mehta, EPV [Phonetic] of Strategy and Investor Relations; and Jorge Lavin, Group Controller. Risk factors that could cause actual results to differ materially from these forward-looking statements can be found in Ferroglobe's most recent SEC filings and the exhibit to those filings which are available on our website, www.ferroglobe.com.
- 06/09/2020
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Edited Transcript of GSM earnings conference call or presentation 9-Jun-20 1:00pm GMT
- Q1 2020 Ferroglobe PLC Earnings Call
- 06/09/2020
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Ferroglobe PLC to Host Earnings Call
- NEW YORK, NY / ACCESSWIRE / June 9, 2020 / Ferroglobe PLC (NASDAQ:GSM) will be discussing their earnings results in their 2020 First Quarter Earnings call to be held on June 9, 2020 at 9:00 AM Eastern ...
- 06/09/2020
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Ferroglobe Reports Results for the First Quarter of 2020
- Sales of $311.2 million; Net loss of $(49.1) million; Adjusted EBITDA of $(17.6) million Q1 sales of $311.2 million compared to $376.6 million in Q4 2019, and $447.4 million in.
- 06/08/2020
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Ferroglobe Announces New Appointment to the Board Of Directors
- Ms. Amusategui has substantial experience in executive and non-executive roles, with a background in business strategy, banking and finance. Ms. Amusategui has been a member of the Board of Eland Private Equity, S.G.E.L.C., S.A., a private equity management company specializing in renewable energies, since 2009.
- 06/08/2020
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Ferroglobe Announces Changes to the Board of Directors
- Greger Hamilton and Donald Barger, have decided to step down from the Board of Directors. Mr. Hamilton, who joined the Board in December 2015, has resigned effective May 31, 2020. Mr. Barger, who has also been on the Board since its inception in December 2015, has informed the Company that he does not intend to seek re-election at the Company’s Annual General Meeting (“AGM”) in 2020 and will step down at the conclusion of that meeting.
- 06/02/2020
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Ferroglobe PLC Schedules First Quarter 2020 Earnings Investor Call for June 9, 2020
- LONDON, June 01, 2020 -- Ferroglobe PLC (NASDAQ:GSM) announced today that it will issue first quarter 2020 financial results after the close of the market on Monday, June 8,.
- 06/01/2020
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Ferroglobe Files Annual Report on Form 20-F with the SEC
- The filing includes audited financial statements as of and for the year ended December 31, 2019 and is available at www.ferroglobe.com and www.sec.gov. As reflected therein, the Company had an operating loss of $355.6 million and a net loss of $285.6 million for the year ended December 31, 2019. As of that date, the Company had cash and cash equivalents of $123.2 million, of which $28.3 is restricted.
- 06/01/2020
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Ferroglobe PLC Announces Delay in Filing Form 20-F Due to COVID-19
- With the uncertainties created by the COVID-19 pandemic and potential implications for Ferroglobe’s operating environment and financial results, the Company continues to prepare financial scenarios for the near-term, which its external auditor is auditing. The time and attention needed to gather and present relevant information to the auditors has impeded the Company’s ability to complete its Annual Report by the April 30, 2020 due date. As a result, the Company is relying on the Securities and Exchange Commission’s Orders under Section 36 of the Securities and Exchange Act of 1934, as amended, dated March 4, 2020 and March 25, 2020 (Release Nos.
- 04/30/2020
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Edited Transcript of GSM earnings conference call or presentation 3-Mar-20 2:00pm GMT
- Q4 2019 Ferroglobe PLC Earnings Call
- 03/26/2020
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Calculating The Intrinsic Value Of Ferroglobe PLC (NASDAQ:GSM)
- Does the March share price for Ferroglobe PLC (NASDAQ:GSM) reflect what it's really worth? Today, we will estimate the...
- 03/15/2020
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Ferroglobe Reports Results for Fourth Quarter and Full Year 2019
- Adjusted EBITDA of $(38.1) million in Q4 2019 and of $(37.0) million in Full Year 2019 Q4 2019 results: Sales of $364.4 million compared to $381.7 million in Q3 2019, and.
- 03/02/2020
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Ferroglobe PLC Schedules Fourth Quarter and Full Year 2019 Earnings Investor Call for March 3, 2020
- LONDON, Feb. 18, 2020 -- Ferroglobe PLC (NASDAQ:GSM) announced today that it will issue fourth quarter and full year 2019 financial results after the close of the market on.
- 02/18/2020
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Ferroglobe Announces Appointment of Marco Levi as Chief Executive Officer
- Dr. Levi will be based with the Company’s management team in Madrid, Spain. Dr. Levi has over thirty years of executive management and board level experience spanning the chemicals, plastic, rubber and paper industries. Dr. Levi is recognized for his track record in turning around multinational companies and transforming business units.
- 01/13/2020
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Hedge Funds Have Never Been Less Bullish On Ferroglobe PLC (GSM)
- The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 752 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
- 12/19/2019
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Edited Transcript of GSM earnings conference call or presentation 3-Dec-19 2:00pm GMT
- Q3 2019 Ferroglobe PLC Earnings Call
- 12/06/2019
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Globe Specialty Metals (GSM) Reports Q3 Loss, Lags Revenue Estimates
- Globe Specialty Metals (GSM) delivered earnings and revenue surprises of 44.44% and -3.92%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
- 12/03/2019
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Ferroglobe Reports Third Quarter Results of 2019
- Sales of $381.7 million; Net Loss of $(140.1) million; Adjusted EBITDA of $(7.2) million Q3 sales of $381.7 million, compared to $409.5 million in Q2 2019 and $524.4 million in.
- 12/03/2019
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Ferroglobe PLC -- Moody's announces completion of a periodic review of ratings of Ferroglobe PLC
- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Ferroglobe PLC and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
- 11/21/2019
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Ferroglobe PLC Schedules Third Quarter 2019 Earnings Investor Call for December 3, 2019
- LONDON, Nov. 19, 2019 -- Ferroglobe PLC (NASDAQ:GSM) announced today that it will discuss third quarter 2019 financial results and Ferroglobe's business outlook on Tuesday,.
- 11/19/2019
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