TOR Minerals International Inc (OTCMKTS:TORM – Get Free Report) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 695 shares, a growth of 2,474.1% from the June 15th total of 27 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 1,851 shares, the days-to-cover ratio is currently 0.4 days.
TOR Minerals International Price Performance
Shares of OTCMKTS:TORM traded down $0.02 during midday trading on Friday, reaching $2.01. 350 shares of the company’s stock were exchanged, compared to its average volume of 2,187. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.90 and a current ratio of 4.28. The company’s 50 day simple moving average is $2.06 and its two-hundred day simple moving average is $1.54. TOR Minerals International has a 12 month low of $0.77 and a 12 month high of $2.33. The firm has a market capitalization of $7.12 million, a PE ratio of -33.50 and a beta of 0.24.
TOR Minerals International (OTCMKTS:TORM – Get Free Report) last posted its earnings results on Friday, May 8th. The specialty chemicals company reported $0.04 earnings per share for the quarter. The business had revenue of $5.93 million for the quarter. TOR Minerals International had a negative net margin of 3.03% and a negative return on equity of 6.15%.
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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