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Almonty Industries (TSE:AII) Shares Cross Above 50 Day Moving Average - Here's What Happened

Almonty Industries logo with Basic Materials background

Almonty Industries Inc. (TSE:AII - Get Free Report) shares crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$0.87 and traded as high as C$0.87. Almonty Industries shares last traded at C$0.87, with a volume of 30,512 shares.

Almonty Industries Stock Performance

The stock has a market cap of C$224.99 million, a PE ratio of -21.75 and a beta of 1.47. The stock has a fifty day moving average of C$0.87 and a 200-day moving average of C$0.77. The company has a quick ratio of 0.11, a current ratio of 0.77 and a debt-to-equity ratio of 264.14.

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.

Further Reading

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