Almonty Industries (TSE:AII) Sets New 1-Year High – Should You Buy?

Posted by Alphonse Anthony on Apr 18th, 2025

Shares of Almonty Industries Inc. (TSE:AII – Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$2.61 and last traded at C$2.58, with a volume of 649027 shares changing hands. The stock had previously closed at C$2.46.

Analyst Ratings Changes

Separately, B. Riley upgraded Almonty Industries to a “strong-buy” rating in a research note on Monday.

Get Our Latest Stock Analysis on Almonty Industries

Almonty Industries Price Performance

The stock has a market cap of C$769.52 million, a PE ratio of -38.33 and a beta of 1.47. The company has a quick ratio of 0.11, a current ratio of 0.38 and a debt-to-equity ratio of 225.11. The company’s fifty day moving average is C$2.01 and its 200 day moving average is C$1.32.

Insider Activity

In other news, Director Michael Lewis Black bought 50,000 shares of the firm’s stock in a transaction dated Friday, March 28th. The stock was acquired at an average cost of C$2.17 per share, for a total transaction of C$108,520.00. Also, Senior Officer Marion Mcgrath sold 31,600 shares of the firm’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of C$1.90, for a total transaction of C$60,040.00. In the last 90 days, insiders have sold 80,600 shares of company stock valued at $164,560. Company insiders own 39.04% of the company’s stock.

About Almonty Industries

(Get Free Report)

Almonty Industries Inc is engaged in the mining, processing and shipping of tungsten concentrate from its Los Santos tungsten mine located near Salamanca, Spain (the ‘Los Santos Mine’), the processing and shipping of tungsten concentrate from its Panasqueira tin and tungsten mine in Covilha, Castelo Branco, Portugal (the ‘Panasqueira Mine’), the evaluation of its Valtreixal tin and tungsten mine project located in Western Spain in the province of Zamora (the ‘Valtreixal Mine’), as well as the evaluation and expected re-opening of its Sangdong tungsten mine project located in Gangwon Province, Republic of Korea (the ‘Sangdong Mine’).