Professional
Added to YB: 2024-03-15
Pitch date: 2024-03-12
GSM [bullish]
Ferroglobe PLC
-4.91%
current return
Author Info
No bio for this author
Company Info
Ferroglobe PLC produces and sells silicon metal, and silicon and manganese-based alloys. It provides silicone metal that are used in a range of applications, including construction-related products, electronics, personal care items, and health care, as well as by primary and secondary aluminum producers.
Market Cap
$777.3M
Pitch Price
$4.26
Price Target
N/A
Dividend
1.44%
EV/EBITDA
15.14
P/E
-19.02
EV/Sales
0.68
Sector
Metals and Mining
Category
turnaround
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.
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