Almonty Industries (TSE:AII) Reaches New 52-Week High – Here’s What Happened

Almonty Industries Inc. (TSE:AIIGet Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as C$0.99 and last traded at C$0.97, with a volume of 713401 shares changing hands. The stock had previously closed at C$0.91.

Almonty Industries Price Performance

The company’s 50 day simple moving average is C$0.87 and its 200 day simple moving average is C$0.79. The company has a debt-to-equity ratio of 264.14, a current ratio of 0.77 and a quick ratio of 0.11. The stock has a market cap of C$268.95 million, a P/E ratio of -26.00 and a beta of 1.47.

Almonty Industries Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Almonty Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Almonty Industries and related companies with MarketBeat.com's FREE daily email newsletter.