TOR Minerals International Inc (OTCMKTS:TORM – Get Free Report) was the recipient of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 177 shares, a drop of 74.5% from the June 30th total of 695 shares. Based on an average daily volume of 6,066 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.
TOR Minerals International Price Performance
OTCMKTS:TORM opened at $2.18 on Monday. TOR Minerals International has a one year low of $0.77 and a one year high of $2.33. 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 firm has a market cap of $7.72 million, a price-to-earnings ratio of -36.33 and a beta of 0.24. The firm’s fifty day moving average is $2.14 and its two-hundred day moving average is $1.62.
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 earnings per share for the quarter. The business had revenue of $5.93 million during 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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