Almonty Industries Inc. (TSE:AII - Get Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$1.68 and traded as high as C$2.34. Almonty Industries shares last traded at C$2.12, with a volume of 299,760 shares trading hands.
Almonty Industries Trading Up 5.1 %
The stock has a market cap of C$655.84 million, a price-to-earnings ratio of -32.67 and a beta of 1.47. The business has a 50-day simple moving average of C$1.75 and a two-hundred day simple moving average of C$1.18. The company has a debt-to-equity ratio of 225.11, a quick ratio of 0.11 and a current ratio of 0.38.
Insider Buying and Selling
In related news, Senior Officer Marion Mcgrath sold 31,600 shares of the company's stock in a transaction dated Monday, February 24th. The stock was sold at an average price of C$1.90, for a total transaction of C$60,040.00. Also, Director Michael Lewis Black purchased 50,000 shares of Almonty Industries stock in a transaction that occurred on Friday, March 28th. The shares were bought at an average cost of C$2.17 per share, with a total value of C$108,520.00. Over the last 90 days, insiders sold 80,600 shares of company stock worth $164,560. 39.04% of the stock is owned by insiders.
About Almonty Industries
(
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Almonty Industries Inc is engaged in the mining, processing and shipping of tungsten concentrate from its Los Santos tungsten mine located near Salamanca, Spain (the 'Los Santos Mine'), the processing and shipping of tungsten concentrate from its Panasqueira tin and tungsten mine in Covilha, Castelo Branco, Portugal (the 'Panasqueira Mine'), the evaluation of its Valtreixal tin and tungsten mine project located in Western Spain in the province of Zamora (the 'Valtreixal Mine'), as well as the evaluation and expected re-opening of its Sangdong tungsten mine project located in Gangwon Province, Republic of Korea (the 'Sangdong Mine').
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