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Last C$0.95 CAD
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OPM On Other Exchanges
As of 3:37 PM 06/29/15 All times are local (Market data is delayed by at least 15 minutes).

opta minerals inc (OPM) Snapshot

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11/27/14 - C$2.35
52 Week Low
06/25/15 - C$0.85
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opta minerals inc (OPM) Details

Opta Minerals Inc. manufactures, recycles, and distributes industrial minerals, silica-free abrasives, and specialty sands and other products and services in Canada and internationally. The company operates through two segments, Steel and Magnesium, and Industrial Minerals. It offers blast cleaning abrasive products, such as aluminum oxide, blackblast, chilled iron grits, corn cobs, ebonygrit, garnets, glass beads, greengrits, plastic media, staurolite, fine garnets, steel shots and grits, sodium bicarbonate, nickel slag, and walnut shells. The company also provides blast cleaning equipment, including blast machines, operator safety systems, special application equipment, zero blast cabinets, tumble blast systems, automated blast systems, and blast machine and cabinet accessories; and construction products, such as silica sands, bentonite clay, britesphere road beads, colored sands, and golf sands. In addition, it offers chromite, foundry sands, green sand additives, olivine sands, resin coated and chemically bonded sands, riser sleeves, fluxes, metal filters, and zircon sands; and tundish fluxes and insulators, ladle insulators, bottom pour fluxes, synthetic slags, and chromite nozzle sands. Further, the company provides magnesium products, such as reagents, lime/spar, perlites, ilmenites, chips, granules, and powders; steel making products comprising nozzle, EBT, silica, rail traction, and ladle additions sands; and waterjet cutting and water filtration products, as well as recycles by products. Its products are used in the foundry, steel, loose abrasive cleaning, roofing granule, marine/bridge cleaning, waterjet cutting and municipal, recreational, and industrial water filtration industries. The company was formerly known as BEI/Pecal and changed its name to Opta Minerals Inc. in 2004. The company is headquartered in Waterdown, Canada. Opta Minerals Inc. is a subsidiary of SunOpta, Inc.

311 Employees
Last Reported Date: 03/19/15

opta minerals inc (OPM) Top Compensated Officers

Chief Financial Officer and Treasurer
Total Annual Compensation: C$167.5K
Vice President Operations and General Manager...
Total Annual Compensation: C$220.0K
Executive Vice President and Secretary
Total Annual Compensation: C$235.0K
Vice-President and General Manager of Operati...
Total Annual Compensation: C$178.3K
Compensation as of Fiscal Year 2014.

opta minerals inc (OPM) Key Developments

Opta Minerals Inc. Announces Management and Executive Changes

Opta Minerals Inc. announced that David Kruse will be stepping down as President, Chief Executive Officer and as a Director, effective immediately. Bernie Rumbold will assume Mr. Kruse's responsibilities on an interim basis pending completion of a search to identify a successor to Mr. Kruse. Mr. Rumbold, a chemist and engineer, is currently a director of Opta Minerals and was previously President of Bimac Inc. and Chairman of Magnesium Technologies Corporation, companies that were acquired by Opta Minerals and of which Mr. Rumbold was a significant shareholder.

Opta Minerals Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Opta Minerals Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company announced revenue of $29,457,000 compared to $34,489,000 for the same period a year ago. Loss before finance expense and income taxes was $323,000 compared to profit of $779,000 for the same period a year ago. Loss before income taxes was $1,186,000 compared to $122,000 for the same period a year ago. Loss for the period attributable to the shareholders of the company was $757,000 or $0.04 per basic and diluted share compared to $254,000 or $0.01 per basic and diluted share for the same period a year ago. Cash used in operating activities was $533,000 compared to cash provided by operating activities of $724,000 for the same period a year ago. Additions to property, plant and equipment was $130,000 compared to $232,000 for the same period a year ago. EBITDA was $953,000 compared to $2,270,000 for the same period a year ago.

Opta Minerals Inc. to Report Q1, 2015 Results on May 13, 2015

Opta Minerals Inc. announced that they will report Q1, 2015 results Pre-Market on May 13, 2015


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