Shares of Almonty Industries Inc. (
TSE:AII -
Get Free Report) were down 17% during trading on Tuesday . The company traded as low as C$23.49 and last traded at C$23.50. Approximately 205,089 shares were traded during trading, a decline of 76% from the average daily volume of 847,545 shares. The stock had previously closed at C$28.30.
Almonty Industries Price Performance
The stock has a market capitalization of C$6.05 billion, a PE ratio of -71.48 and a beta of 1.31. The stock's 50 day moving average is C$16.23 and its two-hundred day moving average is C$11.38. The company has a debt-to-equity ratio of 115.13, a quick ratio of 0.11 and a current ratio of 2.38.
Almonty Industries Company Profile
(
Get Free Report)
Almonty NASDAQ: ALM TSX: AII ASX: AII Frankfurt: ALI1 is a leading supplier of conflict free tungsten - a strategic metal critical to the defense and advanced technology sectors. As geopolitical tensions heighten, tungsten has become essential for armor, munitions, and electronics manufacturing. Almontys flagship Sangdong Tungsten Mine in South Korea, historically one of the worlds largest and highest-grade tungsten deposits, is expected to supply over 40% of global non-China tungsten production upon reaching full capacity, directly addressing critical supply vulnerabilities highlighted by recent U.S.
Further Reading
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