Almonty Industries (TSE:AII) Hits New 12-Month High – Should You Buy?

Almonty Industries Inc. (TSE:AIIGet Free Report)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$0.99 and last traded at C$0.97, with a volume of 713401 shares changing hands. The stock had previously closed at C$0.91.

Almonty Industries Stock Performance

The stock has a market capitalization of C$268.95 million, a price-to-earnings ratio of -26.00 and a beta of 1.47. The company has a debt-to-equity ratio of 264.14, a current ratio of 0.77 and a quick ratio of 0.11. The stock has a 50-day moving average of C$0.87 and a 200 day moving average of C$0.79.

Almonty Industries Company Profile

(Get Free Report)

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.

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