Almonty Industries Inc. (TSE:AII – Get Free Report)’s share price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$14.46 and traded as high as C$20.03. Almonty Industries shares last traded at C$19.96, with a volume of 427,684 shares trading hands.
Almonty Industries Stock Up 0.5%
The stock’s fifty day moving average price is C$14.46 and its 200 day moving average price is C$10.45. The company has a current ratio of 0.38, a quick ratio of 0.11 and a debt-to-equity ratio of 225.11. The stock has a market cap of C$5.12 billion, a P/E ratio of -60.48 and a beta of 1.31.
About Almonty Industries
Almonty (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1) is a leading supplier of conflict free tungsten – a strategic metal critical to the defense and advanced technology sectors. As geopolitical tensions heighten, tungsten has become essential for armor, munitions, and electronics manufacturing. Almontys flagship Sangdong Tungsten Mine in South Korea, historically one of the worlds largest and highest-grade tungsten deposits, is expected to supply over 40% of global non-China tungsten production upon reaching full capacity, directly addressing critical supply vulnerabilities highlighted by recent U.S.
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