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 19:28:05 17/12/2024 +03			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 12.42M 11.63M 10.54M 19.9M 1.35B 20.05M 140M 54.32M 688M 52.54M 51.41M 2.21B	P/E 2010	2.6x	P/E 2011	0.8x
Enterprise Value	136M 121M 113M 102M 193M 13.1B 195M 1.36B 527M 6.68B 510M 499M 21.49B	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

Price 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
SHANDONG HONGQIAO ALUMINUM INDUSTRY HOLDING COMPANY LIMITED	-0.12%	+3.23%	-6.22%	+260.18%	31.64B
CHINA HONGQIAO GROUP LIMITED	+0.19%	+1.92%	-21.01%	+190.01%	26.48B
HINDALCO INDUSTRIES LIMITED	-0.01%	-1.79%	+20.46%	+99.81%	21.67B
ALUMINUM CORPORATION OF CHINA LIMITED	+1.12%	+1.05%	-7.79%	+83.10%	21.42B
NORSK HYDRO ASA	-2.02%	-4.06%	+14.53%	+27.30%	16.63B
VEDANTA ALUMINIUM METAL LIMITED	+1.12%	-4.52%	-	-	16.1B
PRESS METAL ALUMINIUM HOLDINGS	+0.14%	-4.39%	+20.44%	+54.29%	14.48B
GUANGDONG HEC TECHNOLOGY HOLDING CO., LTD	-0.23%	+0.20%	+30.46%	+357.38%	13.63B
YUNNAN ALUMINIUM CO., LTD.	-1.02%	+3.27%	+27.18%	+73.51%	13.55B
Average	-10.08%	-2.06%	+9.75%	+143.20%	17.56B
Weighted average by Cap.	-0.03%	-1.83%	+5.29%	+152.44%

	2010	2011
Net sales	433M 384M 359M 326M 615M 41.71B 620M 4.32B 1.68B 21.28B 1.62B 1.59B 68.4B	585M 520M 486M 441M 832M 56.42B 838M 5.84B 2.27B 28.78B 2.2B 2.15B 92.53B
Net income	39.75M 35.29M 33.02M 29.93M 56.53M 3.83B 56.94M 397M 154M 1.95B 149M 146M 6.28B	138M 122M 114M 104M 196M 13.27B 197M 1.37B 534M 6.77B 517M 506M 21.76B
Net Debt	99.83M 88.62M 82.93M 75.17M 142M 9.62B 143M 996M 387M 4.91B 375M 367M 15.78B	122M 108M 101M 91.79M 173M 11.75B 175M 1.22B 473M 6B 458M 448M 19.27B