TOR Minerals International (OTCMKTS:TORM) Shares Pass Above Fifty Day Moving Average – Time to Sell?

TOR Minerals International Inc (OTCMKTS:TORM) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $1.52 and traded as high as $2.33. TOR Minerals International shares last traded at $2.22, with a volume of 28,010 shares.

TOR Minerals International Stock Performance

The stock has a market cap of $7.86 million, a PE ratio of -37.00 and a beta of 0.01. The stock has a fifty day simple moving average of $1.52 and a two-hundred day simple moving average of $1.29. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.90 and a current ratio of 4.28.

TOR Minerals International (OTCMKTS:TORM) last released its earnings results on Friday, May 8th. The specialty chemicals company reported $0.04 EPS for the quarter. The company 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%.

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.