Euro Manganese (OTCMKTS:EUMNF) Trading Up 49.7% – Here’s What Happened

Euro Manganese Inc. (OTCMKTS:EUMNFGet Free Report)’s stock price traded up 49.7% during mid-day trading on Friday . The stock traded as high as $0.3165 and last traded at $0.2708. 286,634 shares were traded during trading, an increase of 321% from the average session volume of 68,064 shares. The stock had previously closed at $0.1809.

Euro Manganese Price Performance

The business has a 50 day simple moving average of $0.12 and a 200 day simple moving average of $0.12.

About Euro Manganese

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Euro Manganese Inc is a Canada-based company focused on the development of the Chvaletice Manganese Project, located approximately 60 kilometers east of Prague in the Czech Republic. The project aims to repurpose historic tailings from a former pyrite mine into high-purity manganese products for the rapidly growing lithium-ion battery market. Using a proprietary hydrometallurgical process, Euro Manganese plans to extract and refine manganese from these tailings, reducing environmental footprint compared to traditional hard-rock mining methods.

The company’s principal product is high-purity manganese sulfate monohydrate (HPMSM), a critical precursor for cathode manufacturing in electric vehicle (EV) batteries and energy storage systems.

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