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

TOR Minerals International Inc (OTCMKTS:TORM) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 27 shares, a growth of ∞ from the May 31st total of 0 shares. Based on an average trading volume of 4,525 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

TOR Minerals International Stock Down 4.9%

Shares of TORM opened at $1.95 on Thursday. The company has a market capitalization of $6.90 million, a P/E ratio of -32.50 and a beta of 0.24. TOR Minerals International has a one year low of $0.77 and a one year high of $2.33. The business’s 50 day simple moving average is $1.97 and its 200-day simple moving average is $1.50. The company has a debt-to-equity ratio of 0.05, a current ratio of 4.28 and a quick ratio of 1.90.

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

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.