Almonty Industries Inc. (TSE:AII - Get Free Report)'s share price was up 22.6% on Tuesday . The company traded as high as C$1.96 and last traded at C$1.95. 271,839 shares changed hands during mid-day trading, a decline of 45% from the average daily volume of 492,487 shares. The stock had previously closed at C$1.59.
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's 50-day moving average price is C$1.63 and its 200-day moving average price is C$1.13. The stock has a market capitalization of C$682.08 million, a PE ratio of -33.97 and a beta of 1.47.
Insider Buying and Selling at Almonty Industries
In other news, Senior Officer Marion Mcgrath sold 15,000 shares of the firm's stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of C$2.10, for a total value of C$31,500.00. Insiders have sold a total of 50,600 shares of company stock worth $98,860 over the last ninety days. Company 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.
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