NEW YORK, NY / ACCESSWIRE / November 30, 2015 / Horsehead Holding Corp. (NASDAQ: ZINC) shares closed at $2.62 on Friday up 4.80%. Trading volume was only 957 thousand shares, probably due to the holiday, in contrast with the daily average of 2.2 million shares. The ZINC share price has bottomed at $1.96 on November 17th after reporting that earnings has missed analysts estimates, but have gained some traction since then.
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About Horsehead Holding Corp.
Horsehead Holding Corp. produces and sells zinc and nickel-based products primarily in the United States and Canada. The company operates through three segments: Horsehead, Zochem, and INMETCO. The Horsehead segment processes electric arc furnace dust and other zinc-bearing material to produce and sell zinc and other metals. The Zochem segment produces and sells zinc oxide. The INMETCO segment processes various metal-bearing waste material generated primarily by the specialty steel industry.
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This press release may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to anticipated revenues, expenses, earnings, operating cash flows, the outlook for markets and the demand for products. Forward-looking statements are no guarantees of future performance and are inherently subject to uncertainties and other factors which could cause actual results to differ materially from the forward-looking statements. Such statements are based upon, among other things, assumptions made by, and information currently available to, management, including management's own knowledge and assessment of the Company's industry and competition. The Company refers interested persons to its most recent Annual Report on Form 10-K and its other SEC filings for a description of additional uncertainties and factors, which may affect forward-looking statements. The company assumes no duty to update its forward-looking statements
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