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 12.44M 11.6M 10.57M 19.94M 1.35B 20.13M 141M 54.48M 687M 52.55M 51.41M 2.21B	P/E 2010	2.6x	P/E 2011	0.8x
Enterprise Value	136M 121M 113M 103M 194M 13.09B 195M 1.36B 529M 6.67B 510M 499M 21.45B	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

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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	-0.12%	+1.06%	-6.22%	+260.18%	31.64B
CHINA HONGQIAO GROUP LIMITED	-1.76%	+2.12%	-21.80%	+175.88%	26.48B
HINDALCO INDUSTRIES LIMITED	+0.22%	-3.25%	+23.28%	+91.54%	21.81B
ALUMINUM CORPORATION OF CHINA LIMITED	-1.80%	-0.91%	-6.27%	+73.97%	21.43B
VEDANTA ALUMINIUM METAL LIMITED	-2.46%	-5.62%	-	-	16.38B
NORSK HYDRO ASA	+0.83%	-2.77%	+17.11%	+21.62%	16.35B
PRESS METAL ALUMINIUM HOLDINGS	+0.14%	-3.89%	+19.30%	+49.69%	14.46B
GUANGDONG HEC TECHNOLOGY HOLDING CO., LTD	-0.23%	-4.17%	+30.46%	+357.38%	13.63B
YUNNAN ALUMINIUM CO., LTD.	-1.02%	+0.65%	+27.18%	+73.51%	13.55B
Average	-10.62%	-2.39%	+10.38%	+137.97%	17.57B
Weighted average by Cap.	-0.72%	-2.22%	+5.91%	+146.91%

	2010	2011
Net sales	433M 385M 358M 327M 616M 41.67B 622M 4.34B 1.68B 21.25B 1.62B 1.59B 68.29B	585M 520M 485M 442M 834M 56.36B 842M 5.88B 2.28B 28.74B 2.2B 2.15B 92.38B
Net income	39.75M 35.33M 32.93M 30.02M 56.63M 3.83B 57.17M 399M 155M 1.95B 149M 146M 6.27B	138M 122M 114M 104M 196M 13.25B 198M 1.38B 536M 6.76B 517M 506M 21.72B
Net Debt	99.83M 88.74M 82.71M 75.4M 142M 9.61B 144M 1B 389M 4.9B 375M 367M 15.76B	122M 108M 101M 92.07M 174M 11.74B 175M 1.22B 474M 5.99B 458M 448M 19.24B