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Almonty Industries (TSE:AII) Shares Up 3.4% - Still a Buy?

Almonty Industries logo with Basic Materials background

Shares of Almonty Industries Inc. (TSE:AII - Get Free Report) traded up 3.4% on Friday . The stock traded as high as C$0.91 and last traded at C$0.91. 248,303 shares were traded during mid-day trading, an increase of 117% from the average session volume of 114,185 shares. The stock had previously closed at C$0.88.

Almonty Industries Stock Performance

The company has a market capitalization of C$235.34 million, a PE ratio of -22.75 and a beta of 1.47. The stock's fifty day simple moving average is C$0.86 and its 200-day simple moving average is C$0.76. The company has a debt-to-equity ratio of 264.14, a quick ratio of 0.11 and a current ratio of 0.77.

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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