A Director at TRONOX (NYSE: TROX) is Buying Shares

By Carrie Williams

Yesterday, a Director at TRONOX (TROXResearch Report), Wayne Hinman, bought shares of TROX for $10.3K.

In addition to Wayne Hinman, 2 other TROX executives reported Buy trades in the last month. This recent transaction increases Wayne Hinman’s holding in the company by 1.4% to a total of $761K.

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Based on TRONOX’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $689 million and quarterly net profit of $0. In comparison, last year the company earned revenue of $429 million and had a GAAP net loss of $5 million. The company has a one-year high of $15.50 and a one-year low of $4.29.

The insider sentiment on TRONOX has been positive according to 42 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Tronox Holdings Plc engages in the mining and inorganic chemical business. Its products include Titanium Dioxide Mineral Sands. The firm also mines and processes titanium ore, zircon and other minerals, and manufactures titanium dioxide pigments. The company was founded in 2006 and is headquartered in Stamford, CT.