Exhibit 11


                             Intermet Corporation

                   Computation of Earnings Per Common Share




                                          1994           1993           1992                                
                                   -----------------------------------------------                          
                                                                                                
Net loss                             $(10,985,000)  $(20,504,000)  $(29,936,000)                            
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Weighted average number of                                                                                  
 shares outstanding                    24,590,873     24,563,849     22,614,822                             
Add dilutive effect of outstanding                                                                          
 warrants and options                           -              -        168,073                             
                                   -----------------------------------------------                          
Weighted average number of                                                                                  
 shares and equivalent shares                                                                               
 outstanding                           24,590,873     24,563,849     22,782,895                             
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Loss per share                       $    (.45)     $    (.83)     $   (1.31)                               
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