Almonty Industries Inc. (TSE:AII - Get Free Report)'s share price passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$1.50 and traded as low as C$1.50. Almonty Industries shares last traded at C$1.59, with a volume of 174,760 shares traded.
Almonty Industries Stock Up 8.5 %
The stock's 50-day simple moving average is C$1.57 and its 200-day simple moving average is C$1.11. The firm has a market capitalization of C$670.42 million, a P/E ratio of -33.39 and a beta of 1.47. The company has a current ratio of 0.38, a quick ratio of 0.11 and a debt-to-equity ratio of 225.11.
Insiders Place Their Bets
In other Almonty Industries news, Senior Officer Marion Mcgrath sold 31,600 shares of the business's stock in a transaction dated Monday, February 24th. The shares were sold at an average price of C$1.90, for a total value of C$60,040.00. Over the last quarter, insiders have sold 50,600 shares of company stock valued at $98,860. Insiders own 39.04% of the company's stock.
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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