Almonty Industries Inc. (TSE:AII - Get Free Report)'s share price reached a new 52-week high on Monday . The company traded as high as C$3.20 and last traded at C$3.19, with a volume of 106397 shares trading hands. The stock had previously closed at C$3.11.
Wall Street Analysts Forecast Growth
Separately, B. Riley raised Almonty Industries to a "strong-buy" rating in a research report on Monday, April 14th.
Check Out Our Latest Report on Almonty Industries
Almonty Industries Price Performance
The company has a market capitalization of C$909.44 million, a PE ratio of -45.30 and a beta of 1.47. The company has a debt-to-equity ratio of 225.11, a current ratio of 0.38 and a quick ratio of 0.11. The company's 50 day simple moving average is C$2.53 and its 200 day simple moving average is C$1.80.
Insider Activity at Almonty Industries
In other Almonty Industries news, Director Michael Lewis Black bought 50,000 shares of the stock in a transaction dated Friday, March 28th. The shares were acquired at an average cost of C$2.17 per share, for a total transaction of C$108,520.00. Also, Senior Officer Marion Mcgrath sold 30,000 shares of the company's stock in a transaction on Friday, March 28th. The shares were sold at an average price of C$2.19, for a total transaction of C$65,700.00. 39.04% of the stock is owned by corporate insiders.
About Almonty Industries
(
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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').
Further Reading
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