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

Shares of Almonty Industries Inc. (TSE:AII) 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$0.65. Almonty Industries shares last traded at C$0.65, with a volume of 53,430 shares.

Almonty Industries Trading Up 1.6 %

The business has a 50 day simple moving average of C$0.61 and a 200-day simple moving average of C$0.58. The stock has a market capitalization of C$167.80 million, a price-to-earnings ratio of -16.25 and a beta of 1.40. The company has a debt-to-equity ratio of 268.13, a current ratio of 0.54 and a quick ratio of 0.11.

Almonty Industries (TSE:AII) last issued its quarterly earnings data on Monday, April 1st. The company reported C($0.01) earnings per share (EPS) for the quarter. The business had revenue of C$5.42 million during the quarter. Almonty Industries had a negative net margin of 39.26% and a negative return on equity of 20.02%. As a group, equities analysts expect that Almonty Industries Inc. will post 0.04 earnings per share for the current year.

About Almonty Industries

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.