Sisecam Resources LP (CINR)
Sisecam Resources LP operates in the Chemicals industry of the Basic Materials sector, headquartered in Atlanta, GA, US. The stock last traded at $20.31, down 0.15% on the session, giving a market capitalisation of $402.1M. On trailing twelve-month figures it carries a trailing P/E of 8.68, a net margin of 8.6%. Its beta of 0.62 implies it has historically moved less than the broad market.
Sisecam Resources LP, headquartered in Atlanta, Georgia, and established in 2013, is engaged in the extraction of trona ore and the subsequent production of soda ash. Operating both domestically within the United States and on an international scale, the company's core business involves processing trona ore into soda ash. This manufactured soda ash serves as a vital component for a diverse range of products, including flat glass, container glass, detergents, chemicals, paper, and numerous other consumer and industrial applications. The company holds rights to approximately 23,500 acres of subsurface mining areas, secured through leases and licenses, situated in Wyoming's Green River Basin. As of December 31, 2020, its estimated proven and probable trona reserves totaled around 208.2 million short tons. Sisecam Resources LP, which operates as a subsidiary of Ciner Wyoming Holding Co., was formerly known as Ciner Resources LP, undergoing a name change in February 2022.
Sisecam Resources LP is most often compared with the following Basic Materials names: