Almonty Industries Inc. (TSE:AII - Get Free Report) rose 14.2% during trading on Wednesday . The company traded as high as C$3.71 and last traded at C$3.70. Approximately 869,099 shares changed hands during trading, an increase of 68% from the average daily volume of 517,468 shares. The stock had previously closed at C$3.24.
Analyst Ratings Changes
Separately, B. Riley upgraded Almonty Industries to a "strong-buy" rating in a research note on Monday, April 14th.
View Our Latest Research Report on Almonty Industries
Almonty Industries Stock Up 10.3%
The stock has a 50 day moving average of C$2.77 and a 200-day moving average of C$2.00. The firm has a market capitalization of C$1.24 billion, a P/E ratio of -61.99 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.
About Almonty Industries
(
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').
Further Reading
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
MarketBeat's analysts have just released their top five short plays for July 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.