Almonty Industries Inc. (TSE:AII – Get Free Report)’s stock price hit a new 52-week high during trading on Friday . The company traded as high as C$20.55 and last traded at C$20.54, with a volume of 114542 shares. The stock had previously closed at C$19.96.
Almonty Industries Stock Up 1.2%
The firm has a market capitalization of C$5.18 billion, a price-to-earnings ratio of -61.18 and a beta of 1.31. The stock has a fifty day moving average of C$14.68 and a two-hundred day moving average of C$10.59. The company has a debt-to-equity ratio of 225.11, a current ratio of 0.38 and a quick ratio of 0.11.
Almonty Industries Company Profile
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.
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