Ferroglobe: Slides on Q3 loss, lower sales

Ferroglobe

24/11/2020 11:09

** U.S.-listed shares of silicon metal and alloys maker
 GSM.O  fall 5.75% to $1.31 premarket after co reported Q3
adjusted loss and lower sales, as COVID-19 pandemic hammered
demand for its products 
    ** On an adj. basis, GSM incurred loss of $0.14 per share in
Q3 vs loss of $0.10 per share a year earlier  urn:newsml:reuters.com:*:nGNX9gBrcM
    ** Sales slumped 45.3% to $262 mln in quarter
    ** Co says it is difficult to forecast all impacts of
COVID-19 pandemic which affected demand for their products in Q3
    ** Stock has fallen 47.87% so far this year
    
    
    
    
    
    
    

 (Reporting by Rithika Krishna)
 ((Rithika.Krishna@thomsonreuters.com;))