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The Elmet Group Co. (ELMT) Stock Price, News & Analysis

ELMT NASDAQ
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Price Move History

Daily moves over 5%
38 132 sessions, April 23, 2026 to October 29, 2026
Largest daily move
+32.8% close of September 14, 2026
1-month change
+25.7% closing prices, September 29, 2026 to October 29, 2026

Company Description

The Elmet Group Co. provides precision-engineered components and advanced high-energy systems for specialized industrial and technology markets. The company serves customers in aerospace, defense and government, industrial, medical, semiconductor and electronics, and energy applications. Its operating model combines custom design, development, materials processing, and production capabilities for components and systems used in demanding environments.

Elmet is organized around two business divisions: Critical Materials Components and Engineered Microwave Products. The Critical Materials Components business applies materials expertise to the design and production of engineered components for high-performance applications. The Engineered Microwave Products business provides tailored microwave energy solutions and related high-power microwave capabilities.

The company describes its platform as an integrated engineering-to-production system across critical materials and high-power microwave technologies. This structure supports work that begins with customer-specific engineering requirements and extends through development, processing, and manufacturing. Its business is tied to markets where component reliability, energy delivery, and application-specific engineering are central to product performance.

The Elmet Group Co. is a Delaware corporation headquartered in Portland, Maine. Its common stock trades on the Nasdaq Capital Market under the symbol ELMT. The company became a public reporting company through an initial public offering completed in April 2026 and has identified itself as an emerging growth company in its public filings.

Stock Performance

$24.16
+2.29%
+0.54
After hoursLast updated: October 29, 2026 at 18:42
+25.7%
Performance 1 month
$735.9M

The Elmet Group Co. (ELMT) closed at $24.08 on October 29, 2026. Over the past month, the price has gained 25.7%.

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ELMT Metrics & Rankings

Price returns through October 29, 2026. Month-to-date and YTD include the first trading day. Ranking links may use different dates.

Latest News

The Elmet Group Co. has 10 recent news articles. Of the recent coverage, 7 articles coincided with positive price movement and 3 with negative movement. Key topics include partnership, acquisition, earnings, earnings date. View all ELMT news →

Financial Highlights

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Revenue (latest FY)
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Net Income (latest FY)
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Operating Cash Flow

Upcoming Events

JAN
01
January 1, 2027 - March 31, 2027 Corporate

Acquisition closing

Close of ams OSRAM Schwabmünchen tungsten & molybdenum asset purchase; subject to regulatory approvals and transition.
OCT
01
October 1, 2027 - December 31, 2027 Operations

Mine output start

Springer Tungsten Complex (Nevada) targeted to restart mine output in Q4 2027 via JV with Blue Moon Metals and EQ Resources.
JUL
01
July 1, 2028 - December 31, 2028 Operations

APT operations begin

Ammonium paratungstate (APT) conversion operations targeted in H2 2028 at Springer Tungsten Complex to process mine output domestically.
AUG
01
August 1, 2031 Operations

IDIQ contract minimum

Elmet Technologies' DLA IDIQ (up to $2B) includes a guaranteed minimum of $150M through at least August 2031.

The Elmet Group Co. has 4 upcoming scheduled events. The next event, "Acquisition closing", is scheduled for January 1, 2027 (in 63 days). Investors can track these dates to stay informed about potential catalysts that may affect the ELMT stock price.

Short Interest History

Last 12 Months

Short interest in The Elmet Group Co. (ELMT) currently stands at 1.7 million shares, up 5.0% from the previous reporting period, representing 16.9% of the float. Since April 2026, short interest has increased by 72.3%.

Days to Cover History

Last 12 Months

Days to cover for The Elmet Group Co. (ELMT) currently stands at 2.3 days, up 126% from the previous period. The ratio is the reported short interest divided by the average daily trading volume. Since April 2026, the figure has increased by 126%. Across the settlements charted above, it has ranged from 1.0 to 4.4 days.

ELMT Company Profile & Sector Positioning

The Elmet Group Co. (ELMT) operates in the Aerospace & Defense industry within the broader Industrials sector and is listed on the NASDAQ.

Frequently Asked Questions

What is the current stock price of The Elmet Group Co. (ELMT)?

The current stock price of The Elmet Group Co. (ELMT) is $24.16 in after-hours trading as of October 29, 2026.

What is the market cap of The Elmet Group Co. (ELMT)?

The market cap of The Elmet Group Co. (ELMT) is approximately $735.9M. Learn more about what market capitalization means .

What does The Elmet Group Co. do?

The Elmet Group Co. provides precision-engineered components and advanced high-energy systems for specialized markets including aerospace, defense and government, industrial, medical, semiconductor and electronics, and energy.

What are Elmet's main business divisions?

Elmet is organized into Critical Materials Components and Engineered Microwave Products. These divisions support engineered components, critical materials applications, and tailored microwave energy solutions.

What markets does Elmet serve?

Elmet serves aerospace, defense and government, industrial, medical, semiconductor and electronics, and energy markets.

How does Elmet's operating model work?

Elmet operates an integrated engineering-to-production system that covers custom design, development, processing, and production across critical materials and high-power microwave technologies.

Where is The Elmet Group Co. headquartered?

The Elmet Group Co. is headquartered in Portland, Maine.

What exchange and ticker are associated with Elmet?

Elmet's common stock trades on the Nasdaq Capital Market under the ticker symbol ELMT.

What public-company status has Elmet disclosed?

Elmet completed its initial public offering in April 2026 and has identified itself as an emerging growth company in its public filings.