Almonty Industries (TSE:AII) Shares Cross Above 50-Day Moving Average of $0.61

Almonty Industries Inc. (TSE:AII) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.61 and traded as high as C$0.65. Almonty Industries shares last traded at C$0.65, with a volume of 53,430 shares.

Almonty Industries Price Performance

The firm has a market cap of C$167.80 million, a P/E ratio of -16.25 and a beta of 1.40. The company has a quick ratio of 0.11, a current ratio of 0.54 and a debt-to-equity ratio of 268.13. The business’s 50 day moving average is C$0.61 and its two-hundred day moving average is C$0.58.

Almonty Industries (TSE:AII) last posted its quarterly earnings data on Monday, April 1st. The company reported C($0.01) earnings per share for the quarter. Almonty Industries had a negative return on equity of 20.02% and a negative net margin of 39.26%. The business had revenue of C$5.42 million during the quarter. As a group, analysts anticipate that Almonty Industries Inc. will post 0.04 earnings per share for the current year.

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.