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. As of December 31, 2017, it had proven and probable reserves of approximately 240.1 million short tons of trona. Ciner Resource Partners LLC serves as the general partner of the company. The company was formerly known as OCI Resources LP and changed its name to Ciner Resources LP in November 2015. Ciner Resources LP is based in Atlanta, Georgia. Ciner Resources LP is a subsidiary of Ciner Wyoming Holding Co.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Mining & quarrying of nonmetallic minerals, except fuels
Sub-IndustryN/A
SectorBasic Materials
Current SymbolNYSE:CINR
Previous Symbol
CUSIPN/A
Phone770-375-2300
Debt
Debt-to-Equity Ratio0.40
Current Ratio2.33
Quick Ratio2.02
Price-To-Earnings
Trailing P/E Ratio11.39
Forward P/E Ratio9.11
P/E GrowthN/A
Sales & Book Value
Annual Sales$497.30 million
Price / Sales0.95
Cash Flow$3.4847 per share
Price / Cash6.85
Book Value$12.58 per share
Price / Book1.90
Profitability
EPS (Most Recent Fiscal Year)$2.07
Net Income$41.60 million
Net Margins10.19%
Return on Equity19.76%
Return on Assets11.01%
Miscellaneous
Employees476
Outstanding Shares19,760,000
Market Cap$474.42 million
OptionableNot Optionable
Ciner Resources (NYSE:CINR) Frequently Asked Questions
What is Ciner Resources' stock symbol?
Ciner Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "CINR."
How often does Ciner Resources pay dividends? What is the dividend yield for Ciner Resources?
Ciner Resources declared a quarterly dividend on Thursday, October 25th. Investors of record on Monday, November 5th will be given a dividend of $0.567 per share on Tuesday, November 20th. This represents a $2.27 annualized dividend and a yield of 9.50%. The ex-dividend date of this dividend is Friday, November 2nd. This is a positive change from Ciner Resources's previous quarterly dividend of $0.56. View Ciner Resources' Dividend History.
How were Ciner Resources' earnings last quarter?
Ciner Resources LP (NYSE:CINR) announced its earnings results on Monday, November, 5th. The basic materials company reported $0.44 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.60 by $0.16. The basic materials company earned $123.40 million during the quarter, compared to analysts' expectations of $130.30 million. Ciner Resources had a net margin of 10.19% and a return on equity of 19.76%. View Ciner Resources' Earnings History.
When is Ciner Resources' next earnings date?
What price target have analysts set for CINR?
3 Wall Street analysts have issued 1 year price objectives for Ciner Resources' stock. Their forecasts range from $28.00 to $31.00. On average, they expect Ciner Resources' share price to reach $29.00 in the next year. This suggests a possible upside of 21.5% from the stock's current price. View Analyst Price Targets for Ciner Resources.
What is the consensus analysts' recommendation for Ciner Resources?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ciner Resources in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ciner Resources.
Has Ciner Resources been receiving favorable news coverage?
Press coverage about CINR stock has been trending positive recently, InfoTrie reports. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ciner Resources earned a media sentiment score of 2.2 on InfoTrie's scale. They also gave media headlines about the basic materials company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near future.
Who are some of Ciner Resources' key competitors?
Some companies that are related to Ciner Resources include Compass Minerals International (CMP), Summit Materials (SUM), Hecla Mining (HL), U.S. Silica (SLCA), LYNAS CORP LTD/S (LYSDY), Hi-Crush Partners (HCLP), Intrepid Potash (IPI), United States Lime & Minerals (USLM), Smart Sand (SND), Emerge Energy Services (EMES), Canada Jetlines (JETMF), Zenyatta Ventures (ZENYF), Cambrian Minerals Group (SMPR), Applied Minerals (AMNL) and Canadian Zeolite C (CNZCF).
Who are Ciner Resources' key executives?
Ciner Resources' management team includes the folowing people:
- Mr. Kirk H. Milling, Chairman, Pres & CEO of Ciner Resource Partners LLC (Age 52)
- Mr. Scott Randall Humphrey, Chief Financial Officer of Ciner Resource Partners LLC (Age 47)
- Ms. Nicole C. Daniel, VP, Gen. Counsel & Company Sec. of Ciner Resource Partners LLC (Age 49)
- Ms. Christopher Lee DeBerry, Chief Accounting Officer of Ciner Resource Partners LLC (Age 50)
- Mr. Jim Dass, VP of HR - Ciner Resource Partners LLC
Who are Ciner Resources' major shareholders?
Ciner Resources' stock is owned by many different of retail and institutional investors. Top institutional investors include FMR LLC (2.45%) and Acadian Asset Management LLC (0.89%).
Which major investors are selling Ciner Resources stock?
CINR stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC and FMR LLC.
How do I buy shares of Ciner Resources?
Shares of CINR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Ciner Resources' stock price today?
One share of CINR stock can currently be purchased for approximately $23.87.
How big of a company is Ciner Resources?
Ciner Resources has a market capitalization of $474.42 million and generates $497.30 million in revenue each year. The basic materials company earns $41.60 million in net income (profit) each year or $2.07 on an earnings per share basis. Ciner Resources employs 476 workers across the globe.
What is Ciner Resources' official website?
How can I contact Ciner Resources?
Ciner Resources' mailing address is Five Concourse Parkway Suite 2500, Atlanta GA, 30328. The basic materials company can be reached via phone at 770-375-2300 or via email at [email protected]
MarketBeat Community Rating for Ciner Resources (NYSE CINR)
MarketBeat's community ratings are surveys of what our community members think about Ciner Resources and other stocks. Vote "Outperform" if you believe CINR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CINR will underperform the S&P 500 over the long term. You may vote once every thirty days.
