Almonty Industries (TSE:AII - Get Free Report) was upgraded by B. Riley to a "strong-buy" rating in a note issued to investors on Monday, April 14th,Zacks.com reports. B. Riley also issued estimates for Almonty Industries' Q1 2025 earnings at $0.01 EPS, Q2 2025 earnings at $0.00 EPS, Q3 2025 earnings at $0.02 EPS, Q4 2025 earnings at $0.03 EPS, FY2025 earnings at $0.05 EPS, Q1 2026 earnings at $0.03 EPS, Q2 2026 earnings at $0.02 EPS, Q3 2026 earnings at $0.03 EPS, Q4 2026 earnings at $0.04 EPS, FY2026 earnings at $0.12 EPS, Q1 2027 earnings at $0.12 EPS and FY2027 earnings at $0.60 EPS.
Almonty Industries Stock Down 3.4 %
AII traded down C$0.09 on Monday, hitting C$2.55. 174,062 shares of the company were exchanged, compared to its average volume of 551,995. The company has a debt-to-equity ratio of 225.11, a quick ratio of 0.11 and a current ratio of 0.38. The stock's fifty day moving average is C$2.02 and its 200-day moving average is C$1.34. The company has a market cap of C$743.29 million, a PE ratio of -37.02 and a beta of 1.47. Almonty Industries has a 12 month low of C$0.59 and a 12 month high of C$2.69.
Insiders Place Their Bets
In other news, Senior Officer Marion Mcgrath sold 15,000 shares of the company's stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of C$2.10, for a total value of C$31,500.00. Also, Director Michael Lewis Black purchased 50,000 shares of the company's stock in a transaction dated Friday, March 28th. The stock was acquired at an average price of C$2.17 per share, with a total value of C$108,520.00. Insiders have sold a total of 80,600 shares of company stock valued at $164,560 over the last 90 days. 39.04% of the stock is currently owned by insiders.
Almonty Industries Company Profile
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Almonty Industries Inc is engaged in the mining, processing and shipping of tungsten concentrate from its Los Santos tungsten mine located near Salamanca, Spain (the 'Los Santos Mine'), the processing and shipping of tungsten concentrate from its Panasqueira tin and tungsten mine in Covilha, Castelo Branco, Portugal (the 'Panasqueira Mine'), the evaluation of its Valtreixal tin and tungsten mine project located in Western Spain in the province of Zamora (the 'Valtreixal Mine'), as well as the evaluation and expected re-opening of its Sangdong tungsten mine project located in Gangwon Province, Republic of Korea (the 'Sangdong Mine').
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