Canaccord Genuity initiated coverage on The Elmet Group Co. with a new price target
$ELMT
Metal Fabrications
Industrials
Canaccord Genuity initiated coverage of The Elmet Group Co. with a rating of Buy and set a new price target of $20.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/18/2026 | $20.00 | Overweight | Cantor Fitzgerald |
| 5/18/2026 | $21.00 | Buy | Roth Capital |
| 5/18/2026 | $21.00 | Buy | Needham |
| 5/18/2026 | $20.00 | Buy | Canaccord Genuity |
4 - Elmet Group Co. (0002101698) (Issuer)
3 - Elmet Group Co. (0002101698) (Issuer)
4 - Elmet Group Co. (0002101698) (Issuer)
SCHEDULE 13G/A - Elmet Group Co. (0002101698) (Subject)
8-K - Elmet Group Co. (0002101698) (Filer)
10-Q - Elmet Group Co. (0002101698) (Filer)
PORTLAND, Maine, June 25, 2026 (GLOBE NEWSWIRE) -- The Elmet Group Co. (NASDAQ:ELMT) ("Elmet" or the "Company"), a U.S.-based provider of precision-engineered components and advanced high-energy systems, today announced it has exercised its option to purchase 20 million ordinary shares of EQ Resources Limited ("EQR"), a global tungsten producer with operations in Australia and Spain, as part of a previously announced strategic collaboration and long-term offtake contract between the two companies. Through this collaboration, Elmet and EQR have leveraged their respective experience and expertise in mining, minerals processing, and downstream tungsten manufacturing for the mutual benefit
PORTLAND, Maine, June 23, 2026 (GLOBE NEWSWIRE) -- The Elmet Group Co. (NASDAQ:ELMT) ("Elmet" or the "Company"), a U.S.-based provider of precision-engineered components and advanced high-energy systems, is set to join the broad-market Russell 3000® and Russell Microcap® Indexes at the conclusion of the 2026 Russell indexes annual reconstitution, effective after the US market opens on June 26, 2026, according to a preliminary list of additions posted last month. The June reconstitution of the Russell US indexes captures up to the 4,000 largest US stocks as of April 30 of each year, ranking them by total market capitalization. Membership in the Russell 3000® Index, which remains in place f
LEWISTON, Maine, June 09, 2026 (GLOBE NEWSWIRE) -- Elmet Technologies, a wholly-owned subsidiary of The Elmet Group Co. ("Elmet," the "Company") (NASDAQ:ELMT), the sole U.S.-owned and vertically integrated tungsten and molybdenum manufacturer, today announced it has secured strategic funding of $4.3 million in support of a government contract award to develop and advance domestic manufacturing capabilities for molybdenum-based products and refractory metal components utilized in critical defense programs.The contract award is expected to enhance Elmet Technologies' capacity and capabilities related to precision machining, production automation, additive manufacturing, material feeding, pos
4 - Elmet Group Co. (0002101698) (Issuer)
4 - Elmet Group Co. (0002101698) (Issuer)
Cantor Fitzgerald initiated coverage of The Elmet Group Co. with a rating of Overweight and set a new price target of $20.00
Roth Capital initiated coverage of The Elmet Group Co. with a rating of Buy and set a new price target of $21.00
Needham initiated coverage of The Elmet Group Co. with a rating of Buy and set a new price target of $21.00
PORTLAND, Maine, June 23, 2026 (GLOBE NEWSWIRE) -- The Elmet Group Co. (NASDAQ:ELMT) ("Elmet" or the "Company"), a U.S.-based provider of precision-engineered components and advanced high-energy systems, is set to join the broad-market Russell 3000® and Russell Microcap® Indexes at the conclusion of the 2026 Russell indexes annual reconstitution, effective after the US market opens on June 26, 2026, according to a preliminary list of additions posted last month. The June reconstitution of the Russell US indexes captures up to the 4,000 largest US stocks as of April 30 of each year, ranking them by total market capitalization. Membership in the Russell 3000® Index, which remains in place f
PORTLAND, Maine, May 20, 2026 (GLOBE NEWSWIRE) -- The Elmet Group Co. ("Elmet" or the "Company"), a U.S.-based provider of precision-engineered components and advanced high-energy systems, will hold a conference call and webcast on Friday, May 29, 2026 at 9:00 a.m. Eastern Time to discuss its financial results for the quarter ended April 3, 2026. A press release with additional information will be issued prior to the call. Elmet management will host the conference call, followed by a question and answer period. Date: Friday, May 29, 2026Time: 9:00 a.m. Eastern Time (6:00 a.m. Pacific Time)U.S. dial-in number: 877-869-3847International number: +1 201-689-8261Webcast: Register and Join Pl