Almonty Industries Inc. (TSE:AII - Get Free Report) shares rose 9.4% on Wednesday . The stock traded as high as C$7.92 and last traded at C$7.83. Approximately 235,812 shares traded hands during mid-day trading, a decline of 38% from the average daily volume of 377,479 shares. The stock had previously closed at C$7.16.
Wall Street Analyst Weigh In
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 Performance
The company has a market capitalization of C$2.37 billion, a PE ratio of -118.18 and a beta of 1.47. The company has a 50 day moving average of C$3.16 and a two-hundred day moving average of C$2.21. The company has a debt-to-equity ratio of 225.11, a current ratio of 0.38 and a quick ratio of 0.11.
About Almonty Industries
(
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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
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