Almonty Industries (TSE:AII) Stock Crosses Above Fifty Day Moving Average – Here’s What Happened

Almonty Industries Inc. (TSE:AIIGet Free Report)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.88 and traded as high as C$1.01. Almonty Industries shares last traded at C$0.98, with a volume of 773,200 shares changing hands.

Almonty Industries Price Performance

The company has a market cap of C$253.44 million, a PE ratio of -24.50 and a beta of 1.47. The stock has a fifty day moving average price of C$0.88 and a 200-day moving average price of C$0.80. The company has a debt-to-equity ratio of 264.14, a current ratio of 0.77 and a quick ratio of 0.11.

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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