Almonty Industries Inc. (TSE:AII - Get Free Report) shares were down 6.6% during mid-day trading on Tuesday . The stock traded as low as C$1.96 and last traded at C$1.98. Approximately 217,788 shares traded hands during mid-day trading, a decline of 55% from the average daily volume of 485,579 shares. The stock had previously closed at C$2.12.
Almonty Industries Price Performance
The firm has a 50 day simple moving average of C$1.13 and a 200-day simple moving average of C$0.92. The company has a quick ratio of 0.11, a current ratio of 0.38 and a debt-to-equity ratio of 225.11. The company has a market cap of C$550.91 million, a PE ratio of -27.44 and a beta of 1.47.
About Almonty Industries
(
Get Free Report)
Almonty Industries Inc engages in mining, processing, and shipping tungsten concentrate. It owns interests in the Los Santos mine located near Salamanca, Spain; the Panasqueira tin and tungsten mine situated in Covilha and Castelo Branco, Portugal; the Sangdong tungsten mine located in Gangwon Province, Republic of Korea; and the Valtreixal tin and tungsten project located in Zamora province, Western Spain.
Featured Articles
Before you consider Almonty Industries, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Almonty Industries wasn't on the list.
While Almonty Industries currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
