Almonty Industries Inc. (TSE:AII – Get Free Report)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.88 and traded as high as C$1.01. Almonty Industries shares last traded at C$0.98, with a volume of 773,200 shares changing hands.
Almonty Industries Price Performance
The stock has a market capitalization of C$253.44 million, a price-to-earnings ratio of -24.50 and a beta of 1.47. The stock’s 50 day simple moving average is C$0.88 and its 200-day simple moving average is C$0.80. The company has a debt-to-equity ratio of 264.14, a current ratio of 0.77 and a quick ratio of 0.11.
Almonty Industries Company Profile
Almonty Industries Inc engages in mining, processing, and shipping tungsten concentrate. It owns interests in the Los Santos mine located near Salamanca, Spain; the Panasqueira tin and tungsten mine situated in Covilha and Castelo Branco, Portugal; the Sangdong tungsten mine located in Gangwon Province, Republic of Korea; and the Valtreixal tin and tungsten project located in Zamora province, Western Spain.
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