TOR Minerals International Inc (OTCMKTS:TORM) Sees Large Decline in Short Interest

TOR Minerals International Inc (OTCMKTS:TORMGet Free Report) was the target 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. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 6,066 shares, the short-interest ratio is currently 0.0 days.

TOR Minerals International Price Performance

Shares of TOR Minerals International stock opened at $2.18 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 4.28 and a quick ratio of 1.90. The company has a market cap of $7.72 million, a PE ratio of -36.33 and a beta of 0.24. The firm has a fifty day moving average price of $2.14 and a two-hundred day moving average price of $1.61. TOR Minerals International has a fifty-two week low of $0.77 and a fifty-two week high of $2.33.

TOR Minerals International (OTCMKTS:TORMGet Free Report) last announced its quarterly earnings data on Friday, May 8th. The specialty chemicals company reported $0.04 EPS for the quarter. TOR Minerals International had a negative net margin of 3.03% and a negative return on equity of 6.15%. The business had revenue of $5.93 million during the quarter.

TOR Minerals International Company Profile

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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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