TOR Minerals International Inc (OTCMKTS:TORM) Sees Significant Growth in Short Interest

TOR Minerals International Inc (OTCMKTS:TORM) saw a significant growth in short interest in May. As of May 15th, there was short interest totaling 169 shares, a growth of 119.5% from the April 30th total of 77 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 24,362 shares, the short-interest ratio is currently 0.0 days.

TOR Minerals International Price Performance

TORM traded up $0.05 during trading on Monday, hitting $2.33. 1,857 shares of the company traded hands, compared to its average volume of 10,302. The company has a market cap of $8.25 million, a PE ratio of -38.83 and a beta of 0.21. The stock’s 50-day simple moving average is $1.59 and its two-hundred day simple moving average is $1.32. TOR Minerals International has a 1 year low of $0.77 and a 1 year high of $2.33. The company has a current ratio of 4.28, a quick ratio of 1.90 and a debt-to-equity ratio of 0.05.

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