TOR Minerals International Inc (OTCMKTS:TORM – Get Free Report) saw a large decrease in short interest in July. As of July 15th, there was short interest totaling 177 shares, a decrease of 74.5% from the June 30th total of 695 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 6,066 shares, the days-to-cover ratio is currently 0.0 days.
TOR Minerals International Stock Up 0.5%
Shares of TORM opened at $2.19 on Tuesday. TOR Minerals International has a 52-week low of $0.77 and a 52-week high of $2.33. The company has a quick ratio of 1.90, a current ratio of 4.28 and a debt-to-equity ratio of 0.05. The stock has a fifty day simple moving average of $2.14 and a two-hundred day simple moving average of $1.62. The company has a market capitalization of $7.76 million, a PE ratio of -36.50 and a beta of 0.24.
TOR Minerals International (OTCMKTS:TORM – Get Free Report) last announced its quarterly earnings results on Friday, May 8th. The specialty chemicals company reported $0.04 earnings per share for the quarter. TOR Minerals International had a negative net margin of 3.03% and a negative return on equity of 6.15%. The firm had revenue of $5.93 million for the quarter.
TOR Minerals International Company Profile
TOR Minerals International, Inc (OTCMKTS:TORM) is a Canada-based provider of specialty chemical reagents for mineral processing. Headquartered in St. John’s, Newfoundland and Labrador, the company develops and manufactures a suite of flotation reagents, including collectors, frothers, depressants, activators and modifiers that aid in the efficient separation of base metals, precious metals and coal. TOR Minerals applies proprietary formulation technology to tailor reagent performance for specific ore types and operational conditions.
Since its incorporation in 2003, TOR Minerals has grown into a global supplier, with manufacturing and blending facilities strategically located in North America, South America, Europe and Asia Pacific.
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