MERC

Mercer International Inc.
NasdaqGSUSDEQUITY Basic Materials DELAYED
Last price
0.25
▲ 0.00 (1.21%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
0.26
Prev close
0.25
Day high
0.26
Day low
0.23
Volume
627.39K
Market cap
$16.08M
P/E (TTM)
—
52W range
0.23 – 2.93

Day trading desk

Current session · delayed
Gap from prior close
+4.04%
Prior close 0.25
VWAP
0.24
+2.81% from price
Relative volume
0.39×
Quiet session
Session range
12.89%
0.23 – 0.26
Position in range
66%
Mid range
ATR (14D)
0.03
12.00% of price
Prior day high
0.25
PDH
Prior day low
0.24
PDL
Bid / ask spread
—
Quote not published
Session volume
1.24M
Avg 3.22M

VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
-25.00% -26.9%
1M
-36.84% -38.0%
3M
-63.08% -67.6%
6M
-81.95% -100.1%
YTD
-87.88% -102.1%
1Y
-91.49% -107.9%
3Y
-97.20% -179.5%
5Y
— —

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Unusual options activity

Account required
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Free account

5 more panels on MERC open with an account.

Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.

Insider net activity

6m · Form 4 rollup
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
28.05M
Total on file

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Jun 12, 26
KELLOGG PETER R.
Beneficial Owner of more than 10% of a Class of Security
BUY 419.74K $362.67K Direct
Jun 2, 26
SHEPHERD JAMES
Director
STOCK 25.00K $0 Direct
May 19, 26
KELLOGG PETER R.
Beneficial Owner of more than 10% of a Class of Security
BUY 700.00K $672.44K Indirect
May 14, 26
KELLOGG PETER R.
Beneficial Owner of more than 10% of a Class of Security
BUY 300.00K $262.40K Indirect
Feb 25, 26
LABERGE ALICE
Director
BUY 1.00K $1.90K Indirect
Nov 13, 25
KELLOGG PETER R.
Beneficial Owner of more than 10% of a Class of Security
BUY 1.01M $1.88M
Aug 18, 25
WELTY LINDA J
Director
BUY 10.00K $30.87K Direct
Aug 8, 25
LABERGE ALICE
Director
BUY 2.00K $5.96K Direct
Aug 7, 25
LABERGE ALICE
Director
BUY 2.00K $5.98K Direct
Jul 22, 25
KELLOGG PETER R.
Beneficial Owner of more than 10% of a Class of Security
BUY 760.00K $2.47M Indirect
Jul 22, 25
KELLOGG PETER R.
Beneficial Owner of more than 10% of a Class of Security
BUY 70.00K $236.60K Indirect
Jun 11, 25
BUENO ESTRADA JUAN CARLOS
Chief Executive Officer
BUY 8.00K $30.16K Direct
Jun 10, 25
KELLOGG PETER R.
Beneficial Owner of more than 10% of a Class of Security
BUY 142.02K $524.84K Indirect
Jun 2, 25
VON PENTZ MARKWART
Director
STOCK 27.93K $0 Direct
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
BECK WOLFGANG
Officer 35.05K Purchase
BUENO ESTRADA JUAN CARLOS
Chief Executive Officer 75.61K Purchase
HEINE ERIC XAVIER
Officer 20.33K Sale
KELLOGG PETER R.
Beneficial Owner of more than 10% of a Class of Security 25.29M Purchase
MERFORTH CARSTEN
Officer 22.65K Purchase
RETTIG RAINER
Director 74.40K Stock Award(Grant)
SHEPHERD JAMES
Director 133.47K Stock Award(Grant)
VON PENTZ MARKWART
Director 27.93K Stock Award(Grant)
WALLACE ALAN C
Director 59.90K Stock Award(Grant)
WELTY LINDA J
Director 36.29K Purchase

Fundamentals

TTM · reported
Market cap$16.08M
Enterprise value$1.58B
Revenue (TTM)$1.86B
Gross profit$52.72M
EBITDA$-58.81M
Net income$-517.45M
EPS (TTM)$-7.73
Free cash flow$-52.12M
Total cash$78.78M
Total debt$1.64B
Book value / share$-1.46
Shares outstanding67.02M
Float48.28M
Short % of float13.18%
Dividend yield0.00%
Beta (5Y)0.55

Valuation & profitability ratios

Account required
Trailing P/E—
Forward P/E-0.17
PEG ratio2.29
Price / sales—
Price / book—
EV / revenue0.85
EV / EBITDA-26.84
Gross margin2.84%
Operating margin-12.65%
Profit margin-27.86%
Return on equity-296.95%
Return on assets-6.46%
Debt / equity—
Current ratio1.30
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 5 years · 5 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $1.87B$2.04B$1.99B$2.28B -8.6%
Operating revenue $1.87B$2.04B$1.99B$2.28B -8.6%
Cost of revenue $1.94B$1.85B$2.03B$1.78B +4.4%
Selling, general & admin $114.44M$116.43M$123.18M$105.83M -1.7%
Total operating expense $114.44M$116.43M$123.18M$105.83M -1.7%
Operating income -$182.07M$72.93M-$155.04M$392.37M -349.6%
Net interest income -$114.83M-$109.15M-$88.25M-$65.04M -5.2%
Pre-tax income -$511.21M-$86.92M-$269.82M$345.30M -488.2%
Tax provision -$13.32M-$1.77M-$27.77M$98.26M -651.0%
Net income -$497.89M-$85.14M-$242.06M$247.04M -484.8%
Net income to common -$497.89M-$85.14M-$242.06M$247.04M -484.8%
Basic EPS -7.44-1.27-3.653.74 -485.8%
Diluted EPS -7.44-1.27-3.653.71 -485.8%
EBIT -$396.38M$22.23M-$181.58M$416.80M -1,882.7%
EBITDA -$236.33M$193.03M-$9.07M$560.96M -222.4%
Basic shares 66.92M67.04M66.32M66.17M -0.2%
Diluted shares 66.92M67.04M66.32M66.17M -0.2%

Options analytics

Account required
Put / call volume
1.10
Put-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
0.50
+108.3% from spot
ATM implied vol
50.0%
Nearest strike to spot
Skew (10% OTM)
-50.0%
Calls bid over puts
Call volume
70
Contracts, this expiry
Put volume
77
Contracts, this expiry
Heaviest call OI
0.50
0 contracts
Heaviest put OI
0.50
0 contracts

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 -1.04-1.13 -8.9%
Mar 2026 -0.79-0.78 +1.1%
Dec 2025 -0.87-1.39 -59.8%
Sep 2025 -0.92-1.21 -31.8%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter -1.08 2 $494.56M +8.0%
Next quarter -0.82 2 $513.74M +14.3%
Current year -3.85 3 $1.94B +4.0%
Next year -1.38 3 $2.14B +10.3%

Analyst targets & ownership

Account required
Mean target$0.51
High target$0.75
Low target$0.15
Implied upside105.00%
Analyst count4
ConsensusHOLD
Strong buy / Buy0 / 0
Hold3
Sell / Strong sell1 / 0
Held by insiders41.86%
Held by institutions38.02%
Institutions holding82
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
0.30
-16.11% from price
SMA 20
0.33
-28.36% from price
SMA 50
0.43
-44.32% from price
SMA 100
0.61
-59.16% from price
SMA 200
1.15
-79.10% from price
EMA 12
0.30
-16.85% from price
EMA 26
0.35
-28.04% from price
EMA 50
0.43
-42.21% from price
RSI (14)
18.3
Oversold
MACD (12,26,9)
-0.05
Hist -0.00
ATR (14)
0.03
12.50% of price
Realised vol 30D
81.5%
Annualised
Bollinger upper
0.43
20, 2σ
Bollinger lower
0.24
20, 2σ
50 / 200 cross
Death
0.43 vs 1.15
Trend bias
Below 200
-79.10%

Options chain

Account required
Expiry
Spot 0.25
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Risk profile

Daily returns · 1Y window
Beta vs SPY
1.51
More volatile than market
Correlation to SPY
0.24
Largely independent
Realised vol 30D
81.5%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-91.7%
Peak to trough
Max drawdown 5Y
-98.6%
Peak to trough
ATR 14
0.03
12.50% of price
Beta (reported)
0.55
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
5.51M
Prior 3.60M
Change vs prior
+53.0%
Shorts adding
% of float
13.18%
Elevated
% of shares out
8.22%
Against total outstanding
Days to cover
0.7
Liquid
Float
48.28M
Freely tradeable shares

Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.

Rating changes

84 on file
DateFirm ActionFromTo
Jul 21, 26 CIBC MAINTAINED Neutral Neutral
Jul 17, 26 RBC Capital MAINTAINED Sector Perform Sector Perform
May 11, 26 RBC Capital MAINTAINED Sector Perform Sector Perform
Apr 16, 26 RBC Capital MAINTAINED Sector Perform Sector Perform
Feb 17, 26 TD Securities MAINTAINED Hold Hold
Jan 21, 26 TD Cowen DOWNGRADE Hold Sell
Nov 10, 25 RBC Capital MAINTAINED Sector Perform Sector Perform
Aug 5, 25 TD Securities MAINTAINED Hold Hold
Jul 22, 25 CIBC MAINTAINED Neutral Neutral
May 6, 25 CIBC MAINTAINED Neutral Neutral
May 5, 25 TD Securities MAINTAINED Hold Hold
Apr 22, 25 CIBC MAINTAINED Neutral Neutral

Dividends & splits

Declared · from the issuer
Forward rate$0.00 / yr
Forward yield0.00%
5-year avg yield3.49%
Payout ratio15.71%
Ex-dividend dateJun 26, 2025
Next pay dateJul 3, 2025
Last split10249:10000
Split dateMay 1, 1990

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.