Almonty Industries Inc. (TSE:AII - Get Free Report) reached a new 52-week high on Monday . The stock traded as high as C$7.17 and last traded at C$6.89, with a volume of 69678 shares changing hands. The stock had previously closed at C$4.62.
Analysts Set New Price Targets
Separately, B. Riley upgraded Almonty Industries to a "strong-buy" rating in a research report on Monday, April 14th.
Check Out Our Latest Analysis on AII
Almonty Industries Stock Up 7.5%
The company has a 50-day moving average price of C$2.97 and a 200 day moving average price of C$2.13. The firm has a market capitalization of C$2.17 billion, a PE ratio of -108.16 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.
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').
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