Almonty Industries Inc. (TSE:AII – Get Free Report) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 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 Stock Down 5.1 %
The company has a quick ratio of 0.11, a current ratio of 0.77 and a debt-to-equity ratio of 264.14. The firm has a market cap of C$240.51 million, a P/E ratio of -23.25 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.
About Almonty Industries
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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