NASDAQ:ELMT

Elmet shares steady ahead of earnings as new filing hits market
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Elmet shares steady ahead of earnings as new filing hits market

Elmet Group said in an SEC filing it switched to a 4-4-5 fiscal year, starting Jan. 1, 2026, replacing its Dec. 31 close. Shares traded at $14.70 before Tuesday’s Nasdaq open, up slightly from the IPO price. The company reports first-quarter results Friday, its first earnings call since going public in April. Elmet raised about $125.5 million in its IPO last month.
May 26, 2026

Stock Market Today

  • Endangered Herb Threatens Northern Territory's Middle Arm Gas Project
    May 28, 2026, 6:38 PM EDT. The Northern Territory government's Middle Arm Precinct, planned as a mega gas and hydrogen industry hub, faces potential delays due to the endangered Typhonium sp. Cox Peninsula herb. Newly listed in Australia's national threatened species list, this tiny herb's habitat overlaps with the project site. A leaked environmental impact assessment warns that 86% of the species' population could be lost, despite mitigation efforts. The herb, endemic to Darwin Harbour, underscores environmental challenges for the $1.5 billion federally backed development, which aims to support gas export and carbon capture initiatives.