Minerals Technologies Inc.: The Winning Streak Continues (MTX)

March 9, 2021 12:33:49

Minerals Technologies Inc. (NYSE:MTX) traded at a new 52-week high today of $77.90. Approximately 61,000 shares have changed hands today, as compared to an average 30-day volume of 136,000 shares.

In the past 52 weeks, shares of Minerals Technologies Inc. have traded between a low of $27.28 and a high of $77.90 and is now at $77.87, which is 185% above that low price.

Minerals Technologies Inc mines, produces, and sells mineral-based products. The firm organizes itself into four 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 energy services segment provides water treatment and well testing services to the oil and gas industry. The majority of revenue comes from the United States.

Based on a current price of $77.87, Minerals Technologies Inc. is currently 3.1% above its average consensus analyst price target of $75.44.

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