Almonty Industries (TSE:AII) Issues Quarterly Earnings Results

Almonty Industries (TSE:AII) released its quarterly earnings data on Thursday. The company reported C($0.48) earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of C$8.72 million during the quarter. Almonty Industries had a negative net margin of 216.27% and a negative return on equity of 108.87%.

Almonty Industries Stock Down 1.9%

Shares of TSE AII opened at C$24.36 on Thursday. The company has a debt-to-equity ratio of 115.13, a quick ratio of 0.11 and a current ratio of 2.38. The firm has a market capitalization of C$6.25 billion, a price-to-earnings ratio of -73.82 and a beta of 1.84. The stock has a 50 day moving average price of C$19.63 and a 200 day moving average price of C$13.10. Almonty Industries has a 52-week low of C$2.78 and a 52-week high of C$30.58.

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.