Almonty Industries Inc. (TSE:AII – Get Rating)’s share price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.64 and traded as high as C$0.66. Almonty Industries shares last traded at C$0.64, with a volume of 16,500 shares changing hands.
Almonty Industries Price Performance
The company has a quick ratio of 0.11, a current ratio of 0.38 and a debt-to-equity ratio of 225.11. The business’s 50-day moving average is C$0.64 and its two-hundred day moving average is C$0.69. The company has a market capitalization of C$145.91 million, a P/E ratio of -9.14 and a beta of 1.60.
Almonty Industries (TSE:AII – Get Rating) last released its quarterly earnings results on Friday, March 31st. The company reported C($0.01) earnings per share for the quarter. The company had revenue of C$6.73 million for the quarter. As a group, analysts predict that Almonty Industries Inc. will post 0.04 earnings per share for the current year.
About Almonty Industries
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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