Almonty Industries (TSE:AII) Stock Crosses Above 50 Day Moving Average - Should You Sell?

Key Points

• Almonty’s stock crossed above its 50‑day moving average, rising above the C$25.28 level to trade as high as C$29.18 and last at C$28.41 on volume of 578,451 shares.
• Analysts are bullish: Texas Capital upgraded Almonty to a "strong‑buy," two analysts rate it Strong Buy, and the consensus rating is Strong Buy.
• Fundamentals remain weak despite the rally — the company reported C($0.48) EPS last quarter, has negative ROE and net margin (‑116.13% and ‑497.98%), and a negative P/E, even as its Sangdong mine is positioned to supply a large share of non‑China tungsten.

Almonty Industries Inc. (TSE:AII - Get Free Report)'s stock price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$25.28 and traded as high as C$29.18. Almonty Industries shares last traded at C$28.41, with a volume of 578,451 shares.

Analyst Ratings Changes

Separately, Texas Capital upgraded Almonty Industries to a "strong-buy" rating in a research note on Thursday, April 16th. Two research analysts have rated the stock with a Strong Buy rating, According to MarketBeat, the stock presently has an average rating of "Strong Buy".

Almonty Industries Stock Performance

The company's fifty day simple moving average is C$25.28 and its 200 day simple moving average is C$16.77. The company has a current ratio of 3.89, a quick ratio of 0.11 and a debt-to-equity ratio of 45.31. The stock has a market capitalization of C$8.01 billion, a P/E ratio of -36.42 and a beta of 2.00.

Almonty Industries (TSE:AII - Get Free Report) last released its quarterly earnings results on Thursday, March 19th. The company reported C($0.48) earnings per share for the quarter. Almonty Industries had a negative return on equity of 116.13% and a negative net margin of 497.98%.The firm had revenue of C$8.72 million during the quarter. As a group, sell-side analysts forecast that Almonty Industries Inc. will post 0.0199773 earnings per share for the current fiscal year.

About Almonty Industries

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.

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