Ormet Corporation produces alumina, aluminum, and related products and services. The Company also produces smelter-grade alumina. The Company's smelter in Hannibal has an annual capacity of approximately 260,000 tons per year. The Company's alumina plant in Burnside, Louisiana, can produce approximately 600,000 tons of metallurgical grade alumina annually.

Employees

1,264

Sector

Aluminum

More about the company

Market Closed - OTC Markets 16:28:05 17/12/2024 GMT			5-day change	1st Jan Change
0.000001 ^USD	-99.99%		-.--%	-

17/12/14	Ormet Corporation Bankruptcy Case Dismissed	CI
23/10/14	Motion for Asset Sale Approved for Ormet Corporation	CI

Market Cap	14M 12.5M 11.53M 10.47M 19.6M 1.33B 19.9M 139M 54.95M 695M 52.52M 51.4M 2.19B	P/E 2010	2.6x	P/E 2011	0.8x
Enterprise Value	136M 121M 112M 102M 190M 12.9B 193M 1.35B 534M 6.75B 510M 499M 21.31B	EV / Sales 2010	0.47x	EV / Sales 2011	0.4x
Free-Float	100%	Yield 2010 *	-	Yield 2011	-

17/12/14	Ormet Corporation Bankruptcy Case Dismissed	CI
23/10/14	Motion for Asset Sale Approved for Ormet Corporation	CI
30/09/14	Motion for Case Dismissal Filed for Ormet Corporation	CI
27/08/14	Eleventh Amended DIP Financing Approved for Ormet Corporation	CI
20/08/14	NIAGARA Worldwide LLC entered into an asset purchase agreement to acquire aluminum smelting facility in Hannibal and real property interests from Ormet Corporation (OTCPK:ORMT.Q), Ormet Railroad Corporation, Specialty Blanks Holding Corporation, Ormet Primary Aluminum Corporation and Ormet Aluminum Mill Products Corporation.	CI
25/07/14	Triad Hunter, LLC completed the acquisition of mineral rights under oil and gas lease from Ormet Corporation (OTCPK:ORMT.Q), Ormet Primary Aluminum Corporation, Ormet Aluminum Mill Products Corporation, Ormet Railroad Corporation and Specialty Blanks Holding Corporation for $22.7 million.	CI
25/07/14	Magnum Hunter Resources Corp. acquired 1,700 net mineral acres located in Monroe County, Ohio, and Wetzel County, West Virginia from Ormet Corporation for $22.7 million.	CI
17/07/14	Motion for Asset Sale Approved for Ormet Corporation	CI
01/07/14	Motion for Asset Sale Approved for Ormet Corporation	CI
27/06/14	Notice of Successful Bid and Backup Bid Filed by Ormet Corporation	CI
27/06/14	NIAGARA Worldwide LLC entered into an asset purchase agreement to acquire aluminum smelting facility in Hannibal and real property interests from Ormet Corporation (OTCPK:ORMT.Q), Ormet Railroad Corporation, Specialty Blanks Holding Corporation, Ormet Primary Aluminum Corporation and Ormet Aluminum Mill Products Corporation(sellers)for $25.3 million.	CI
26/06/14	CCP ORMT Acquisition LLC cancelled the acquistion of aluminum smelting facility in Hannibal from Ormet Corporation (OTCPK:ORMT.Q).	CI
19/06/14	Bidding Procedure Approved for Ormet Corporation	CI

3 years	0		0.01
5 years	0		0.01
10 years	0		0.02

Ormet Corporation Share Price

Stocks

ORMTQ

US6867011032

Aluminum

Valuation: Ormet Corporation

Latest news: Ormet Corporation

Press Releases: Ormet Corporation

Quotes and Performance

Price Extremes

Managers and Directors: Ormet Corporation

Primary Aluminum Production

Financials

Company Profile

Manager	Title	Age	Since
Michael F. Tanchuk CEO	Chief Executive Officer	-	30/04/2007
James Burns Riley DFI	Director of Finance/CFO	74	21/09/2011
Michael Griffin COO	Chief Operating Officer	-	21/09/2011

Director	Title	Age	Since
Benjamin Duster BRD	Director/Board Member	65	05/11/2007
Robert Prusak CHM	Chairman	-	16/10/2012
David L. Robertson BRD	Director/Board Member	-	31/03/2005

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5-day change	1-year change	3-year change	Capi.($)
ORMET CORPORATION	-99.99%	-.--%	-	-	18
SHANDONG HONGQIAO ALUMINUM INDUSTRY HOLDING COMPANY LIMITED	+2.11%	-5.66%	-26.96%	+227.34%	26.78B
CHINA HONGQIAO GROUP LIMITED	+5.55%	-2.51%	-25.24%	+192.62%	22.58B
ALUMINUM CORPORATION OF CHINA LIMITED	+6.97%	-0.56%	-16.00%	+85.45%	20.65B
HINDALCO INDUSTRIES LIMITED	-3.10%	-3.75%	+9.60%	+82.31%	20.81B
NORSK HYDRO ASA	-6.08%	-11.32%	-4.02%	+16.17%	15.07B
VEDANTA ALUMINIUM METAL LIMITED	-4.19%	-4.23%	-	-	14.84B
PRESS METAL ALUMINIUM HOLDINGS	-3.03%	-6.14%	+9.79%	+37.63%	14B
YUNNAN ALUMINIUM CO., LTD.	+2.07%	+0.52%	+13.44%	+83.11%	12.8B
GUANGDONG HEC TECHNOLOGY HOLDING CO., LTD	-0.19%	-3.76%	+27.70%	+327.08%	12.04B
Average	-9.99%	-3.39%	-1.46%	+131.46%	15.96B
Weighted average by Cap.	+0.56%	-4.04%	-5.81%	+136.01%

	2010	2011
Net sales	433M 386M 357M 324M 606M 41.07B 615M 4.29B 1.7B 21.5B 1.62B 1.59B 67.85B	585M 523M 482M 438M 820M 55.56B 832M 5.81B 2.3B 29.08B 2.2B 2.15B 91.78B
Net income	39.75M 35.49M 32.76M 29.73M 55.66M 3.77B 56.52M 394M 156M 1.98B 149M 146M 6.23B	138M 123M 113M 103M 193M 13.07B 196M 1.37B 540M 6.84B 516M 505M 21.58B
Net Debt	99.83M 89.13M 82.27M 74.66M 140M 9.48B 142M 991M 392M 4.96B 375M 367M 15.66B	122M 109M 100M 91.17M 171M 11.57B 173M 1.21B 479M 6.06B 457M 448M 19.12B