Headlines about Ciner Resources (NYSE:CINR) have trended somewhat positive this week, according to Accern. Accern scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ciner Resources earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned news headlines about the basic materials company an impact score of 45.4132046842784 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news headlines that may have impacted Accern’s scoring:
- Ciner Seeking a Quality Control/Assurance Supervisor (sweetwaternow.com)
- 28.14% More Ciner Resources Lpunits Representing Limit (NYSE:CINR) Shares Shorted (styleonfleek365.com)
- Ciner Resources Lpunits Representing Limit (NYSE:CINR) Sellers Strengthened Their Shorts By 28.14% As Of Apr 16 … (thecasualsmart.com)
- Financial Review: Ciner Resources (CINR) and Vulcan Materials (VMC) (americanbankingnews.com)
- Critical Contrast: Ciner Resources (CINR) vs. Hecla Mining (HL) (americanbankingnews.com)
Several brokerages recently issued reports on CINR. Zacks Investment Research cut Ciner Resources from a “buy” rating to a “hold” rating in a research note on Tuesday, January 9th. SunTrust Banks restated a “hold” rating on shares of Ciner Resources in a research note on Tuesday, December 19th. One research analyst has rated the stock with a sell rating, two have given a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $28.50.
CINR traded up $0.18 during trading hours on Tuesday, hitting $27.39. 5,930 shares of the stock were exchanged, compared to its average volume of 16,080. Ciner Resources has a 12 month low of $22.61 and a 12 month high of $29.75. The stock has a market capitalization of $537.42, a PE ratio of 13.23 and a beta of 0.87. The company has a debt-to-equity ratio of 0.56, a current ratio of 3.26 and a quick ratio of 2.91.
Ciner Resources (NYSE:CINR) last announced its quarterly earnings data on Thursday, February 15th. The basic materials company reported $0.66 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.55 by $0.11. Ciner Resources had a return on equity of 16.66% and a net margin of 8.37%. The firm had revenue of $128.50 million for the quarter, compared to analysts’ expectations of $127.00 million. During the same period last year, the business posted $0.49 earnings per share. The firm’s revenue for the quarter was up 4.4% on a year-over-year basis. research analysts anticipate that Ciner Resources will post 2.54 earnings per share for the current fiscal year.
Ciner Resources Company Profile
Ciner Resources LP engages in the trona ore mining and soda ash production businesses in the United States and internationally. It processes trona ore into soda ash, which is a raw material in flat glass, container glass, detergents, chemicals, paper, and other consumer and industrial products. The company has approximately 23,500 acres of leased and licensed subsurface mining areas in the Green River Basin of Wyoming.
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