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

TOR Minerals International Inc (OTCMKTS:TORM) was the recipient of a large increase in short interest in the month of 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 shares of the company are sold short. Based on an average trading volume of 1,739 shares, the days-to-cover ratio is currently 0.7 days.

TOR Minerals International Stock Performance

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 company has a current ratio of 4.94, a quick ratio of 2.40 and a debt-to-equity ratio of 0.05. The stock has a market cap of $8.28 million, a P/E ratio of -234.00 and a beta of 0.25. The stock has a 50 day simple moving average of $2.21 and a 200 day simple moving average of $1.82.

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

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.