TOR Minerals International Inc (OTCMKTS:TORM – Get Free Report) was the recipient of a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 77 shares, a decline of 92.8% from the April 15th total of 1,064 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 8,345 shares, the days-to-cover ratio is currently 0.0 days.
TOR Minerals International Stock Up 13.8%
TOR Minerals International stock traded up $0.22 during mid-day trading on Monday, reaching $1.82. The company’s stock had a trading volume of 35,843 shares, compared to its average volume of 5,995. The business has a 50 day moving average price of $1.35 and a 200-day moving average price of $1.22. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.65 and a current ratio of 3.96. TOR Minerals International has a twelve month low of $0.77 and a twelve month high of $2.25.
TOR Minerals International (OTCMKTS:TORM – Get Free Report) last released its quarterly earnings data on Friday, May 8th. The specialty chemicals company reported $0.04 EPS for the quarter. The firm had revenue of $5.93 million during the quarter. TOR Minerals International had a negative net margin of 3.03% and a negative return on equity of 6.14%.
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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