TOR Minerals International Inc (OTCMKTS:TORM – Get Free Report) saw a significant decline in short interest in July. As of July 15th, there was short interest totaling 177 shares, a decline of 74.5% from the June 30th total of 695 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 6,066 shares, the short-interest ratio is presently 0.0 days.
TOR Minerals International Stock Down 3.1%
TOR Minerals International stock opened at $2.18 on Friday. The company has a market capitalization of $7.72 million, a P/E ratio of -36.33 and a beta of 0.24. TOR Minerals International has a 1-year low of $0.77 and a 1-year high of $2.33. The firm’s fifty day simple moving average is $2.14 and its 200-day simple moving average is $1.61. The company has a current ratio of 4.28, a quick ratio of 1.90 and a debt-to-equity ratio of 0.05.
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 company had revenue of $5.93 million for the quarter. TOR Minerals International had a negative return on equity of 6.15% and a negative net margin of 3.03%.
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.
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