Michael Lewis Black Purchases 50,000 Shares of Almonty Industries Inc. (TSE:AII) Stock

Almonty Industries Inc. (TSE:AII) Director Michael Lewis Black acquired 50,000 shares of the firm’s stock in a transaction on Friday, March 28th. The shares were acquired at an average price of C$2.17 per share, with a total value of C$108,520.00.

Almonty Industries Stock Performance

TSE:AII opened at C$2.14 on Friday. Almonty Industries Inc. has a twelve month low of C$0.58 and a twelve month high of C$2.61. The firm has a market capitalization of C$623.78 million, a price-to-earnings ratio of -31.07 and a beta of 1.47. 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 firm’s fifty day simple moving average is C$1.73 and its 200 day simple moving average is C$1.17.

About Almonty Industries

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.