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Almonty Industries (TSE:AII) Share Price Crosses Above Fifty Day Moving Average of $0.61

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Shares of Almonty Industries Inc. (TSE:AII - Get Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.61 and traded as high as C$0.65. Almonty Industries shares last traded at C$0.65, with a volume of 53,430 shares trading hands.

Almonty Industries Trading Down 1.5 %

The firm's fifty day simple moving average is C$0.61 and its 200 day simple moving average is C$0.58. The company has a debt-to-equity ratio of 268.13, a quick ratio of 0.11 and a current ratio of 0.54. The stock has a market capitalization of C$165.22 million, a P/E ratio of -15.75 and a beta of 1.40.

Almonty Industries (TSE:AII - Get Free Report) last announced its quarterly earnings data on Monday, April 1st. The company reported C($0.01) earnings per share for the quarter. The business had revenue of C$5.42 million for the quarter. Almonty Industries had a negative return on equity of 20.02% and a negative net margin of 39.26%. As a group, equities research analysts forecast that Almonty Industries Inc. will post 0.04 EPS for the current fiscal year.

Almonty Industries Company Profile

(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.

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