Short Interest in TOR Minerals International Inc (OTCMKTS:TORM) Expands By ∞

TOR Minerals International Inc (OTCMKTS:TORM) saw a significant increase in short interest in August. As of August 14th, there was short interest totaling 1,243 shares, an increase of ∞ from the July 30th total of 0 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 1,739 shares, the days-to-cover ratio is presently 0.7 days.

TOR Minerals International Stock Up 14.3%

OTCMKTS:TORM opened at $2.34 on Friday. TOR Minerals International has a 1 year low of $0.77 and a 1 year high of $2.49. The stock has a 50-day moving average price of $2.21 and a two-hundred day moving average price of $1.82. The stock has a market cap of $8.28 million, a price-to-earnings ratio of -234.00 and a beta of 0.25. The company has a current ratio of 4.94, a quick ratio of 2.40 and a debt-to-equity ratio of 0.05.

TOR Minerals International (OTCMKTS:TORM) last released its quarterly earnings results on Friday, July 31st. The specialty chemicals company reported $0.03 EPS for the quarter. TOR Minerals International had a negative return on equity of 5.24% and a negative net margin of 2.53%.The company had revenue of $6.49 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.