Shares of Almonty Industries Inc. (TSE:AII - Get Free Report) fell 6.6% during trading on Tuesday . The stock traded as low as C$1.96 and last traded at C$1.98. 217,788 shares traded hands during mid-day trading, a decline of 55% from the average session volume of 485,579 shares. The stock had previously closed at C$2.12.
Almonty Industries Price Performance
The company has a current ratio of 0.38, a quick ratio of 0.11 and a debt-to-equity ratio of 225.11. The firm has a market cap of C$550.91 million, a price-to-earnings ratio of -27.44 and a beta of 1.47. The firm's 50 day simple moving average is C$1.13 and its two-hundred day simple moving average is C$0.92.
Insider Activity
In related news, Senior Officer Marion Mcgrath sold 15,000 shares of the company's stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of C$2.10, for a total transaction of C$31,500.00. 39.04% of the stock is owned by company insiders.
Almonty Industries Company Profile
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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.
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