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Umicore SA (UMICF)

Other OTC - Other OTC Delayed Price. Currency in USD
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25.55+0.41 (+1.63%)
At close: 12:18PM EST
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Trade prices are not sourced from all markets
Previous close25.14
Bid0.00 x 0
Ask0.00 x 0
Day's range25.55 - 25.71
52-week range22.20 - 38.50
Avg. volume904
Market cap6.142B
Beta (5Y monthly)1.07
PE ratio (TTM)11.72
Earnings dateN/A
Forward dividend & yield0.88 (3.45%)
Ex-dividend date18 Aug 2023
1y target estN/A
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  • Reuters

    Umicore cuts net investment target as grants help offset planned spending

    (Reuters) -Belgium's Umicore said on Tuesday it had cut its net capital expenditure target for 2026 after receiving grants including C$1 billion ($734.05 million) from the Canadian government to build a battery materials plant. Umicore expects total net capital expenditure between 2022 and 2026 to reach 3.8 billion euros ($4.01 billion). In a call with analysts, the company said the difference between the two figures was a result of taking into account secured government grants and investments in its joint venture with German automaker Volkswagen.

  • Reuters

    Canada to give Belgium's Umicore up to C$1 billion for new battery components plant

    Canada and the province of Ontario will give up to C$1 billion to a unit of Belgium's Umicore to help it build a plant that will produce components for electric vehicle batteries, Ottawa said on Monday. The facility, in the Ontario town of Loyalist Township, will manufacture cathode active materials and precursor cathode active materials, federal Innovation Minister Francois-Philippe Champagne said in a statement. The plant - the first of its kind in North America - will initially employ 600 people and have a battery materials production capacity of 35 gigawatt hours annually.