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Almonty Industries (TSE:AII) Stock Price Down 11.8% - What's Next?

Almonty Industries logo with Basic Materials background

Almonty Industries Inc. (TSE:AII - Get Free Report) traded down 11.8% during trading on Monday . The stock traded as low as C$6.84 and last traded at C$6.90. 395,492 shares were traded during trading, an increase of 3% from the average session volume of 385,549 shares. The stock had previously closed at C$7.82.

Wall Street Analyst Weigh In

Separately, B. Riley raised shares of Almonty Industries to a "strong-buy" rating in a research report on Monday, April 14th.

View Our Latest Research Report on AII

Almonty Industries Stock Up 0.3%

The stock has a market cap of C$1.94 billion, a PE ratio of -96.84 and a beta of 1.47. 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 company's 50-day moving average price is C$3.75 and its 200 day moving average price is C$2.47.

Almonty Industries Company Profile

(Get Free Report)

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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