Almonty Industries Inc. (TSE:AII – Get Free Report) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$23.67 and last traded at C$22.87, with a volume of 593618 shares. The stock had previously closed at C$22.73.
Almonty Industries Stock Performance
The company has a debt-to-equity ratio of 225.11, a quick ratio of 0.11 and a current ratio of 0.38. The company has a market capitalization of C$6.46 billion, a price-to-earnings ratio of -76.27 and a beta of 1.31. The firm has a 50-day simple moving average of C$15.90 and a two-hundred day simple moving average of C$11.16.
Almonty Industries Company Profile
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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