Almonty Industries (TSE:AII - Get Free Report) was upgraded by research analysts at Texas Capital to a "strong-buy" rating in a research report issued on Thursday,Zacks.com reports.
Almonty Industries Stock Performance
Almonty Industries stock opened at C$32.07 on Thursday. The company has a quick ratio of 0.11, a current ratio of 3.89 and a debt-to-equity ratio of 45.31. The company has a market capitalization of C$9.04 billion, a PE ratio of -41.12 and a beta of 2.00. The firm has a fifty day simple moving average of C$23.69 and a two-hundred day simple moving average of C$15.67. Almonty Industries has a twelve month low of C$3.36 and a twelve month high of C$33.35.
Almonty Industries (TSE:AII - Get Free Report) last posted 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 business had revenue of C$8.72 million during the quarter. Research analysts expect that Almonty Industries will post 0.0199773 EPS for the current year.
About Almonty Industries
(
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
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
Looking for the next FAANG stock before everyone has heard about it? Click the link to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
