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Almonty Industries (TSE:AII) Reaches New 12-Month High - Should You Buy?

Almonty Industries logo with Basic Materials background

Almonty Industries Inc. (TSE:AII - Get Free Report)'s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as C$1.32 and last traded at C$1.31, with a volume of 925587 shares trading hands. The stock had previously closed at C$1.21.

Almonty Industries Price Performance

The stock has a market capitalization of C$493.95 million, a P/E ratio of -47.75 and a beta of 1.47. The company's 50 day simple moving average is C$1.02 and its two-hundred day simple moving average is C$0.87. 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

(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.

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