Almonty Industries Inc. (OTCMKTS:ALMTF) Short Interest Up 21.6% in December

Almonty Industries Inc. (OTCMKTS:ALMTF – Get Rating) was the target of a large growth in short interest during the month of December. As of December 30th, there was short interest totalling 82,200 shares, a growth of 21.6% from the December 15th total of 67,600 shares. Based on an average trading volume of 79,300 shares, the days-to-cover ratio is currently 1.0 days.

Almonty Industries Stock Performance

Shares of OTCMKTS ALMTF opened at $0.63 on Friday. Almonty Industries has a twelve month low of $0.40 and a twelve month high of $0.83. The business has a 50 day simple moving average of $0.51 and a 200-day simple moving average of $0.55.

Almonty Industries Company Profile

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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.