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Almonty Industries (TSE:AII) Stock Price Down 5.6% - Here's What Happened

Almonty Industries logo with Basic Materials background

Almonty Industries Inc. (TSE:AII - Get Free Report) traded down 5.6% during mid-day trading on Thursday . The company traded as low as C$0.84 and last traded at C$0.84. 105,460 shares changed hands during trading, a decline of 0% from the average session volume of 105,940 shares. The stock had previously closed at C$0.89.

Almonty Industries Stock Performance

The company has a quick ratio of 0.11, a current ratio of 0.77 and a debt-to-equity ratio of 264.14. The stock has a fifty day moving average of C$0.78 and a 200-day moving average of C$0.69. The stock has a market cap of C$222.40 million, a PE ratio of -21.50 and a beta of 1.49.

Almonty Industries (TSE:AII - Get Free Report) last announced its quarterly earnings data on Tuesday, August 13th. The company reported C($0.01) earnings per share for the quarter. Almonty Industries had a negative net margin of 41.34% and a negative return on equity of 24.54%. The business had revenue of C$7.94 million during the quarter. On average, equities analysts forecast that Almonty Industries Inc. will post 0.0199693 EPS for the current year.

About Almonty Industries

(Get Free Report)

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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