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 11:28:05 2024-12-17 am EST			5-day change	1st Jan Change
0.000001 ^USD	-99.99%		-.--%	-

14-12-16	Ormet Corporation Bankruptcy Case Dismissed	CI
14-10-23	Motion for Asset Sale Approved for Ormet Corporation	CI

Market Cap	14M 12.55M 11.47M 10.47M 19.73M 1.32B 20.35M 138M 55.14M 702M 52.54M 51.41M 2.22B	P/E 2010	2.6x	P/E 2011	0.8x
Enterprise Value	136M 122M 111M 102M 192M 12.78B 198M 1.34B 535M 6.82B 510M 499M 21.52B	EV / Sales 2010	0.47x	EV / Sales 2011	0.4x
Free-Float	100%	Yield 2010 *	-	Yield 2011	-

14-12-16	Ormet Corporation Bankruptcy Case Dismissed	CI
14-10-23	Motion for Asset Sale Approved for Ormet Corporation	CI
14-09-30	Motion for Case Dismissal Filed for Ormet Corporation	CI
14-08-27	Eleventh Amended DIP Financing Approved for Ormet Corporation	CI
14-08-20	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
14-07-25	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
14-07-25	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
14-07-17	Motion for Asset Sale Approved for Ormet Corporation	CI
14-07-01	Motion for Asset Sale Approved for Ormet Corporation	CI
14-06-27	Notice of Successful Bid and Backup Bid Filed by Ormet Corporation	CI
14-06-27	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
14-06-26	CCP ORMT Acquisition LLC cancelled the acquistion of aluminum smelting facility in Hannibal from Ormet Corporation (OTCPK:ORMT.Q).	CI
14-06-19	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

Price Extremes

Managers and Directors: Ormet Corporation

Primary Aluminum Production

Financials

Company Profile

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

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

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	-0.88%	+2.51%	-32.79%	+227.84%	28.72B
CHINA HONGQIAO GROUP LIMITED	-2.95%	+0.89%	-36.88%	+184.12%	25.55B
HINDALCO INDUSTRIES LIMITED	-0.39%	+6.83%	+20.70%	+97.39%	22.62B
ALUMINUM CORPORATION OF CHINA LIMITED	-2.47%	+2.74%	-33.14%	+77.98%	20.67B
VEDANTA ALUMINIUM METAL LIMITED	+1.90%	+7.50%	-	-	15.64B
NORSK HYDRO ASA	-0.55%	+3.39%	-2.12%	+10.79%	14.24B
PRESS METAL ALUMINIUM HOLDINGS	-2.14%	-1.44%	+8.56%	+39.80%	13.9B
INNER MONGOLIA DIAN TOU ENERGY CORPORATION LIMITED	-0.69%	-3.97%	+1.26%	+104.18%	12.8B
YUNNAN ALUMINIUM CO., LTD.	-3.08%	-3.31%	-3.16%	+88.18%	12.73B
Average	-11.12%	+1.92%	-9.70%	+103.79%	16.69B
Weighted average by Cap.	-1.30%	+2.55%	-13.46%	+120.51%

	2010	2011
Net sales	433M 388M 355M 324M 610M 40.67B 629M 4.27B 1.7B 21.7B 1.62B 1.59B 68.51B	585M 525M 480M 438M 825M 55.02B 851M 5.78B 2.31B 29.36B 2.2B 2.15B 92.68B
Net income	39.75M 35.65M 32.58M 29.74M 56.04M 3.74B 57.81M 393M 157M 1.99B 149M 146M 6.29B	138M 123M 113M 103M 194M 12.94B 200M 1.36B 542M 6.9B 517M 506M 21.79B
Net Debt	99.83M 89.54M 81.83M 74.7M 141M 9.38B 145M 986M 393M 5.01B 375M 367M 15.81B	122M 109M 99.93M 91.22M 172M 11.46B 177M 1.2B 480M 6.11B 458M 448M 19.3B