Almonty Industries Inc. (TSE:AII – Get Free Report) shares fell 6.6% during mid-day trading on Tuesday . The stock traded as low as C$1.96 and last traded at C$1.98. 217,788 shares traded hands during mid-day trading, a decline of 55% from the average session volume of 485,579 shares. The stock had previously closed at C$2.12.
Almonty Industries Price Performance
The company has a 50 day moving average of C$1.04 and a 200-day moving average of C$0.89. The firm has a market capitalization of C$550.84 million, a P/E ratio of -53.25 and a beta of 1.47. The company has a current ratio of 0.77, a quick ratio of 0.11 and a debt-to-equity ratio of 264.14.
Almonty Industries Company Profile
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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