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Added to YB: 2024-03-15

Pitch date: 2024-03-12

GSM [bullish]

Ferroglobe PLC

+5.71%

current return

Author Info

No bio for this author

Company Info

Ferroglobe PLC produces and sells silicon metal, and silicon and manganese-based ferroalloys in the United States, Europe, and internationally.

Market Cap

$629.4M

Pitch Price

$4.30

Price Target

N/A

Dividend

1.67%

EV/EBITDA

4.48

P/E

120.24

EV/Sales

0.43

Sector

Metals and Mining

Category

turnaround

Show full summary:
Ave Maria Focused Fund New Position: Ferroglobe PLC - $GSM

GSM: Leading silicon metal producer for solar panels. New mgmt fixed botched merger, cut costs & debt. US/EU regs to boost solar demand, smoothing earnings. Strong balance sheet enables buybacks. Bought at ~half asset replacement cost. Sold NVDA, TYL, VVV to fund.

Read full article (1 min)