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 Other stock markets 00:28:05 18/12/2024 HKT			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 12.17M 11.33M 10.4M 19.64M 1.34B 19.94M 133M 52.39M 665M 52.57M 51.41M 2.23B	P/E 2010	2.6x	P/E 2011	0.8x
Enterprise Value	136M 118M 110M 101M 191M 12.97B 194M 1.3B 509M 6.46B 510M 499M 21.66B	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

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Ormet Corporation Stock

Stocks

ORMTQ

US6867011032

Aluminum

Valuation: Ormet Corporation

Latest news : Ormet Corporation

Press Releases: Ormet Corporation

Quotes and Performance

Course Extremes

Managers and Directors: Ormet Corporation

Primary Aluminum Production

Financials

Company Profile

Manager	Title	Age	Since
Michael F. Tanchuk CEO	Chief Executive Officer	-	01/05/2007
James Burns Riley DFI	Director of Finance/CFO	74	22/09/2011
Michael Griffin COO	Chief Operating Officer	-	22/09/2011

Director	Title	Age	Since
Benjamin Duster BRD	Director/Board Member	65	06/11/2007
Robert Prusak CHM	Chairman	-	17/10/2012
David L. Robertson BRD	Director/Board Member	-	01/04/2005

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
CHINA HONGQIAO GROUP LIMITED	-6.44%	-1.03%	+9.65%	+216.69%	30.73B
VEDANTA ALUMINIUM METAL LIMITED	+1.27%	+5.22%	-	-	18.61B
PRESS METAL ALUMINIUM HOLDINGS	-0.13%	+1.66%	+50.28%	+62.24%	16.05B
YUNNAN ALUMINIUM CO., LTD.	+0.45%	+4.80%	+69.77%	+76.53%	13.67B
SHANDONG NANSHAN ALUMINIUM CO.,LTD.	+2.16%	+5.83%	+20.10%	+45.23%	7.93B
UNITED COMPANY RUSAL, INTERNATIONAL	0.00%	+1.32%	-23.12%	-3.16%	5.93B
CENTURY ALUMINUM COMPANY	-0.25%	-3.12%	+118.71%	+412.24%	4.43B
ALUMINIUM BAHRAIN B.S.C.	0.00%	-0.97%	-3.48%	-17.57%	3.44B
KAISER ALUMINUM CORPORATION	-0.03%	-2.14%	+116.22%	+100.00%	2.59B
Average	-10.30%	+1.46%	+44.77%	+111.53%	10.34B
Weighted average by Cap.	-1.49%	+3.28%	+34.14%	+130.58%

	2010	2011
Net sales	433M 376M 350M 321M 607M 41.3B 616M 4.13B 1.62B 20.56B 1.62B 1.59B 68.95B	585M 509M 474M 435M 821M 55.87B 834M 5.58B 2.19B 27.82B 2.2B 2.15B 93.27B
Net income	39.75M 34.56M 32.16M 29.53M 55.77M 3.79B 56.63M 379M 149M 1.89B 149M 146M 6.33B	138M 120M 111M 102M 193M 13.14B 196M 1.31B 515M 6.54B 517M 506M 21.93B
Net Debt	99.83M 86.79M 80.78M 74.16M 140M 9.53B 142M 952M 374M 4.74B 375M 367M 15.91B	122M 106M 98.64M 90.56M 171M 11.64B 174M 1.16B 456M 5.79B 458M 448M 19.43B