Almonty Industries Inc. (TSE:AII - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$2.29 and last traded at C$2.25, with a volume of 1934916 shares traded. The stock had previously closed at C$1.59.
Almonty Industries Price Performance
The company has a debt-to-equity ratio of 225.11, a current ratio of 0.38 and a quick ratio of 0.11. The company has a market capitalization of C$670.42 million, a PE ratio of -33.39 and a beta of 1.47. The stock's 50 day simple moving average is C$1.60 and its 200-day simple moving average is C$1.12.
Insiders Place Their Bets
In related news, Senior Officer Marion Mcgrath sold 31,600 shares of the company's stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of C$1.90, for a total transaction of C$60,040.00. Insiders have sold 50,600 shares of company stock worth $98,860 over the last three months. Company insiders own 39.04% of the company's stock.
About Almonty Industries
(
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.
See Also
Before you consider Almonty Industries, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Almonty Industries wasn't on the list.
While Almonty Industries currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
