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Globe Specialty Metals (NYSE:GSM) will be announcing its Q314 earnings results on Friday, May 9th. Analysts expect the company to announce earnings of $0.14 per share and revenue of $194.42 million for the quarter.

Globe Specialty Metals (NYSE:GSM) opened at 19.48 on Thursday. Globe Specialty Metals has a one year low of $10.57 and a one year high of $22.00. The stock has a 50-day moving average of $20.22 and a 200-day moving average of $18.59. The company’s market cap is $1.450 billion.

The company also recently declared a quarterly dividend, which is scheduled for Tuesday, June 24th. Investors of record on Tuesday, June 10th will be given a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 1.54%. The ex-dividend date of this dividend is Friday, June 6th.

Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of Globe Specialty Metals from a “neutral” rating to an “outperform” rating in a research note on Friday, May 2nd. They now have a $22.30 price target on the stock. On a related note, analysts at Oppenheimer raised their price target on shares of Globe Specialty Metals from $23.00 to $25.00 in a research note on Friday, April 11th. They now have an “outperform” rating on the stock. Finally, analysts at Oppenheimer raised their price target on shares of Globe Specialty Metals from $19.00 to $23.00 in a research note on Wednesday, February 26th. They now have an “outperform” rating on the stock. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $20.95.

Globe Specialty Metals, Inc (NYSE:GSM), is a producer of silicon metal and silicon-based alloys, with approximately 120,000 metric tons (MT) of silicon metal capacity (excluding Dow Corning Corporation’s portion of the capacity of its Alloy, West Virginia plant) and 120,000 MT of silicon-based alloys capacity.

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