Almonty Industries (TSE:AII) Stock Price Passes Above 50-Day Moving Average of $0.61

Almonty Industries Inc. (TSE:AIIGet Free Report)’s share price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$0.61 and traded as high as C$0.61. Almonty Industries shares last traded at C$0.61, with a volume of 70,600 shares trading hands.

Almonty Industries Price Performance

The company has a debt-to-equity ratio of 268.13, a current ratio of 0.54 and a quick ratio of 0.11. The firm has a fifty day moving average of C$0.61 and a two-hundred day moving average of C$0.57. The stock has a market capitalization of C$153.94 million, a P/E ratio of -15.25 and a beta of 1.40.

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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