TOR Minerals International (OTCMKTS:TORM) Announces Quarterly Earnings Results

TOR Minerals International (OTCMKTS:TORM) announced its quarterly earnings data on Friday. The specialty chemicals company reported ($0.09) earnings per share for the quarter, Zacks reports. TOR Minerals International had a negative net margin of 2.53% and a negative return on equity of 5.24%. The company had revenue of $5.54 million for the quarter.

TOR Minerals International Stock Performance

Shares of TORM opened at $2.30 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 4.94 and a quick ratio of 2.40. The stock has a 50-day moving average of $2.27 and a 200-day moving average of $1.86. The company has a market cap of $8.15 million, a PE ratio of -230.00 and a beta of 0.21. TOR Minerals International has a one year low of $0.77 and a one year high of $2.70.

About TOR Minerals International

TOR Minerals International, Inc is a specialty minerals company that develops, manufactures and markets performance-enhancing mineral products for industrial applications. Its product portfolio has included titanium dioxide-based pigments, specialty alumina products and other engineered mineral additives used in coatings, plastics, rubber, adhesives and related formulations.

The company has been associated with HITOX, a high-performance titanium dioxide pigment, as well as products designed to improve whiteness, opacity, durability and other physical characteristics in finished goods.