TOR Minerals International (OTCMKTS:TORM) Announces Quarterly Earnings Results
by Jessica Moore · The Cerbat GemTOR Minerals International (OTCMKTS:TORM – Get Free Report) announced its earnings results on Friday. The specialty chemicals company reported $0.04 earnings per share (EPS) for the quarter, Zacks reports. TOR Minerals International had a negative return on equity of 8.34% and a negative net margin of 4.12%.
TOR Minerals International Price Performance
Shares of TOR Minerals International stock remained flat at $1.60 during trading on Friday. The stock had a trading volume of 24,050 shares, compared to its average volume of 3,483. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.65 and a current ratio of 3.96. The stock has a market capitalization of $5.67 million, a P/E ratio of -4.85 and a beta of 0.01. TOR Minerals International has a 52-week low of $0.77 and a 52-week high of $1.80. The company has a fifty day moving average price of $1.35 and a 200-day moving average price of $1.22.
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.