Almonty Industries (TSE:AII) Hits New 12-Month High – Here’s What Happened

Almonty Industries Inc. (TSE:AII) shares reached a new 52-week high on Tuesday . The company traded as high as C$17.80 and last traded at C$17.72, with a volume of 641387 shares traded. The stock had previously closed at C$15.58.

Almonty Industries Stock Performance

The company has a market cap of C$4.70 billion, a PE ratio of -55.52 and a beta of 1.31. 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 firm’s 50 day moving average is C$12.03 and its 200-day moving average is C$9.30.

Almonty Industries (TSE:AII) last issued its earnings results on Monday, November 3rd. The company reported C$0.19 earnings per share for the quarter. The business had revenue of C$8.70 million for the quarter. Almonty Industries had a negative return on equity of 37.52% and a negative net margin of 58.44%. On average, research analysts anticipate that Almonty Industries Inc. will post 0.0199773 earnings per share for the current fiscal year.

Almonty Industries Company Profile

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’).