Almonty Industries (TSE:AII) Stock Price Up 8.3%

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Almonty Industries Inc (TSE:AII)’s stock price rose 8.3% during trading on Thursday . The stock traded as high as C$0.52 and last traded at C$0.52, approximately 375,390 shares traded hands during mid-day trading. An increase of 23% from the average daily volume of 305,634 shares. The stock had previously closed at C$0.48.

The company’s 50-day moving average price is C$0.46 and its 200 day moving average price is C$0.66. The company has a debt-to-equity ratio of 103.64, a quick ratio of 0.11 and a current ratio of 0.39. The stock has a market capitalization of $78.57 million and a PE ratio of 12.00.

About Almonty Industries (TSE:AII)

Almonty Industries Inc engages in the mining, processing, and shipping of tungsten concentrate. The company owns interests in the Los Santos mine located near Salamanca, Spain; the Panasqueira tin and tungsten mine situated in Covilha and Castelo Branco, Portugal; and the Sangdong tungsten mine situated in Gangwon Province, Republic of Korea; and the Valtre Valtreixal tin and tungsten project located in Zamora province, Western Spain.

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