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Five Stories Putting Traders on Notice: Insider Buying, FDA Catalysts, Psychedelic Breakthroughs and a U.S. Tungsten Rush
The market is once again rewarding investors willing to look beyond the headline indexes; NeOnc Technologies Holdings (NASDAQ:NTHI), Armata Pharmaceuticals (NYSEAMERICAN:ARMP), Definium Therapeutics (NASDAQ:DFTX), Basel Medical Group (NASDAQ:BMGL), Blue Moon Metals (NASDAQ:BMM) and The Elmet Group (NASDAQ:ELMT).
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$450M U.S. Government Deal Supercharges Blue Moon and Elmet Group Tungsten Mine Plant
Blue Moon Metals (NASDAQ:BMM), The Elmet Group (NASDAQ:ELMT) and EQ Resources signed a binding letter agreement for transactions representing approximately $150 million of investment, with another $25 million available for standby requirements, aimed at restarting and expanding the Springer Tungsten Complex in Nevada and establishing a domestic U.S. tungsten supply chain.
24-7 Market News
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.
Stocktwits
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, 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, The Elmet Group, and EQ Resources Announce a US$150-$175 Million Investment into the Springer Tungsten Complex...
PR Newswire
How The Elmet Group Co. (ELMT) Is Bolstering the Military Supply Chain
How The Elmet Group Co.?(ELMT) Is Bolstering the Military Supply Chain...
Yahoo! Finance: News
Wall Street Analysts Predict a 26.45% Upside in The Elmet Group Co. (ELMT): Here's What You Should Know
The consensus price target hints at a 26.5% upside potential for The Elmet Group Co. (ELMT). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Zacks
Transcript: The Elmet Group Q1 2026 Earnings Conference Call
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Benzinga

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