Shares of Almonty Industries Inc. (TSE:AII - Get Free Report) shot up 10.6% during mid-day trading on Wednesday . The company traded as high as C$1.62 and last traded at C$1.57. 488,570 shares were traded during mid-day trading, an increase of 30% from the average session volume of 375,940 shares. The stock had previously closed at C$1.42.
Almonty Industries Trading Up 8.5 %
The company has a current ratio of 0.77, a quick ratio of 0.11 and a debt-to-equity ratio of 264.14. The business has a 50 day moving average of C$1.02 and a 200-day moving average of C$0.87. The stock has a market cap of C$493.95 million, a PE ratio of -47.75 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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