Minerals Technologies traded at $76.28 this Friday May 15th, decreasing $4.37 or 5.42 percent since the previous trading session. Looking back, over the last four weeks, Minerals Technologies lost 6.31 percent. Over the last 12 months, its price rose by 28.46 percent. Looking ahead, we forecast Minerals Technologies to be priced at 74.75 by the end of this quarter and at 70.33 in one year, according to Trading Economics global macro models projections and analysts expectations.
Minerals Technologies Inc. is a resource- and technology-based company that develops, produces and markets a range of specialty mineral, mineral-based and synthetic mineral products and related systems and services around the world. It operates through three segments. The Performance Materials segment is a supplier of bentonite and bentonite-related products, chromite and leonardite. It also offers products and services to the upstream and downstream oil and gas sector. The Specialty Minerals segment produces and sells the synthetic mineral product precipitated calcium carbonate (PCC), and processed mineral product quicklime (lime), and mines mineral ores then processes and sells natural mineral products, primarily limestone and talc. The Refractories segment produces and markets monolithic and shaped refractory materials and specialty products, services and application and measurement equipment, and calcium metal and metallurgical wire products.