Almonty Industries (TSE:AII) Stock Price Crosses Above 50-Day Moving Average of $0.68

Almonty Industries Inc. (TSE:AIIGet Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.68 and traded as high as C$0.80. Almonty Industries shares last traded at C$0.80, with a volume of 90,900 shares traded.

Almonty Industries Price Performance

The firm has a market capitalization of C$206.89 million, a P/E ratio of -20.00 and a beta of 1.48. The company has a quick ratio of 0.11, a current ratio of 0.77 and a debt-to-equity ratio of 264.14. The business’s 50 day moving average is C$0.68 and its 200-day moving average is C$0.65.

About Almonty Industries

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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.

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