Almonty Industries Inc. (TSE:AII - Get Free Report) shares were down 6.6% during mid-day trading on Tuesday . The stock traded as low as C$1.96 and last traded at C$1.98. Approximately 217,788 shares traded hands during mid-day trading, a decline of 55% from the average daily volume of 485,579 shares. The stock had previously closed at C$2.12.
Almonty Industries Price Performance
The firm has a 50 day simple moving average of C$1.13 and a 200-day simple moving average of C$0.92. The company has a quick ratio of 0.11, a current ratio of 0.38 and a debt-to-equity ratio of 225.11. The company has a market cap of C$550.91 million, a PE ratio of -27.44 and a beta of 1.47.
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.
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