Elkem ASA (ELKEF)
Elkem ASA operates in the Chemicals - Specialty industry of the Basic Materials sector, headquartered in Oslo, PS, NO. The stock last traded at $3.40, up 0.00% on the session, giving a market capitalisation of $1.23B. On trailing twelve-month figures it carries a trailing P/E of -17.51, a net margin of -5.7%. Its beta of 0.98 implies it has historically moved less than the broad market.
Elkem ASA, an enterprise founded in 1904 and based in Oslo, Norway, specializes in the production and global distribution of metals and various materials. Its commercial footprint encompasses Norway, the United Kingdom, Germany, France, Italy, Poland, Spain, the Netherlands, and other European nations. The company's activities are organized into three primary divisions: Silicones, Silicon Products, and Carbon Solutions. The Silicones division is responsible for manufacturing and vending a broad spectrum of silicone-derived goods, catering to diverse sub-sectors including release coatings, industrial elastomers, healthcare items, specialized liquids, emulsions, and resins. The Silicon Products division concentrates on yielding different qualities of metallurgical silicon, ferrosilicon, foundry alloys, and microsilica, all designed for myriad end-user applications. Concurrently, the Carbon Solutions division develops carbon electrode materials, lining compounds, and unique carbon products, essential for the metallurgical processes used in metal fabrication. Beyond its core manufacturing, Elkem ASA also participates in the generation and sale of hydroelectricity, and provides thermal energy in the form of steam and hot water. The company operates as a subsidiary of Bluestar Elkem International Co., Ltd. S.A.
Elkem ASA is most often compared with the following Basic Materials names: