Mercer International (NASDAQ:MERC – Get Free Report) (TSE:MRI.U) issued its quarterly earnings results on Thursday. Mercer International had a negative net margin of 27.86% and a negative return on equity of 203.05%. TD reiterated a “sell” rating on shares of Mercer International in a research note on Tuesday, July 14th. Wall Street Zen downgraded shares of Mercer International from a “sell” rating to a “strong sell” rating in a research note on Saturday, July 18th. Insider Activity at Mercer InternationalIn related news, major shareholder Peter R. Kellogg purchased 51,441 shares of Mercer International stock in a transaction dated Friday, June 12th.