TOR Minerals International Inc (OTCMKTS:TORM – Get Free Report) saw a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 77 shares, a drop of 92.8% from the April 15th total of 1,064 shares. Based on an average daily volume of 8,345 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.
TOR Minerals International Trading Up 13.8%
OTCMKTS:TORM opened at $1.82 on Tuesday. TOR Minerals International has a 12 month low of $0.77 and a 12 month high of $2.25. The firm has a market cap of $6.44 million, a price-to-earnings ratio of -11.38 and a beta of 0.01. The company has a quick ratio of 1.65, a current ratio of 3.96 and a debt-to-equity ratio of 0.06. The company’s 50 day moving average is $1.37 and its 200-day moving average is $1.22.
TOR Minerals International (OTCMKTS:TORM – Get Free Report) last announced its earnings results on Friday, May 8th. The specialty chemicals company reported $0.04 earnings per share (EPS) for the quarter. TOR Minerals International had a negative net margin of 3.03% and a negative return on equity of 6.14%. The business had revenue of $5.93 million for the quarter.
About TOR Minerals International
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.
See Also
- Five stocks we like better than TOR Minerals International
- Before the Moon Base Gets Built, These 4 Companies Win
- Industrial Buybacks: Top Homebuilding Supplier Leads Buyback Increases
- 3 Stocks That Win If Inflation Surprises to the Downside
- MercadoLibre Boldly Invests in Growth: Discount Deepens
Receive News & Ratings for TOR Minerals International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TOR Minerals International and related companies with MarketBeat.com's FREE daily email newsletter.
