B. Riley Lowers Ferroglobe PLC (GSM)'s Price Target

Ferroglobe PLC (NASDAQ:GSM) is among the 7 Best Manganese Stocks to Buy Right Now. B. Riley maintained its Buy rating on Ferroglobe PLC (NASDAQ:GSM) following the company’s Q1 2025 results but lowered its price objective from $9 to $8 on May 9. The company pointed out that Ferroglobe PLC (NASDAQ:GSM)’s EBITDA was lower than anticipated, mainly as a result of lower sales and realizations in the divisions for manganese-based alloys and silicon metal.

Ferroglobe PLC (NASDAQ:GSM) expressed confidence in its operating future by restating its full-year adjusted EBITDA estimate despite the Q1 loss. B. Riley noted that softer pricing and sales volumes in key product categories were the main causes of the Q1 performance gap rather than fundamental problems. The firm’s role in specialty metals means that the company’s updated aim still supports the stock’s long-term value potential while acknowledging short-term difficulties. B. Riley’s decision to keep the Buy rating shows that, once pricing constraints in silicon and manganese-based alloys subside, the company’s profitability may return. It is among the Best Manganese Stocks.

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