3-May-2024
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Minerals Technologies Inc. Announces Completion of Sale of Subsidiary's Talc Business
Globe Newswire (Mon, 29-Apr 5:46 PM ET)
Globe Newswire (Thu, 25-Apr 5:01 PM ET)
Minerals Technologies Announces First Quarter 2024 Conference Call
Globe Newswire (Fri, 29-Mar 10:19 AM ET)
Minerals Technologies Announces Election of Kristina M. Johnson to Board of Directors
Globe Newswire (Tue, 26-Mar 5:01 PM ET)
Minerals Technologies to Present at JP Morgan Industrials Conference
Globe Newswire (Thu, 7-Mar 2:21 PM ET)
Gabelli Funds to Host 15th Annual Specialty Chemicals Symposium Thursday, March 14, 2024
Globe Newswire (Wed, 6-Mar 8:00 AM ET)
Gabelli Funds to Host 15th Annual Specialty Chemical Symposium
Globe Newswire (Thu, 15-Feb 8:00 AM ET)
Minerals Technologies Inc mines, produces, and sells mineral-based products. The firm organizes itself into three segments based on product type. The specialty minerals segment, sells calcium carbonate, limestone, and talc, which is used in the paper, building materials, paint, automotive, and pharmaceutical industries. The refractories segment sells products for steel furnaces. The performance materials segment sells bentonite used in steel alloy casting and household products including cat litter. The majority of revenue comes from the United States.
Minerals Technologies trades on the NYSE stock market under the symbol MTX.
As of May 3, 2024, MTX stock price climbed to $77.19 with 217,996 million shares trading.
MTX has a beta of 1.07, meaning it tends to be more sensitive to market movements. MTX has a correlation of 0.20 to the broad based SPY ETF.
MTX has a market cap of $2.49 billion. This is considered a Mid Cap stock.
Last quarter Minerals Technologies reported $535 million in Revenue and $1.49 earnings per share. This fell short of revenue expectation by $-11 million and exceeded earnings estimates by $.21.
In the last 3 years, MTX stock traded as high as $88.62 and as low as $48.61.
The top ETF exchange traded funds that MTX belongs to (by Net Assets): IJR, VTI, VB, IWM, VBR.
MTX has outperformed the market in the last year with a price return of +29.3% while the SPY ETF gained +27.0%. MTX has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +12.9% and +7.8%, respectively, while the SPY returned +3.7% and +3.3%, respectively.
MTX support price is $73.83 and resistance is $76.63 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MTX stock will trade within this expected range on the day.