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Almonty Industries (TSE:AII) Reaches New 1-Year High - Here's What Happened

Almonty Industries logo with Basic Materials background

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

Almonty Industries Price Performance

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 capitalization of C$261.20 million, a price-to-earnings ratio of -25.25 and a beta of 1.47. The company has a fifty day moving average price of C$0.87 and a two-hundred day moving average price of C$0.78.

About Almonty Industries

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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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