Almonty Industries (TSE:AII) Reaches New 52-Week High – Here’s What Happened

Almonty Industries Inc. (TSE:AII) shares hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$0.88 and last traded at C$0.85, with a volume of 155872 shares. The stock had previously closed at C$0.79.

Almonty Industries Price Performance

The firm has a market capitalization of C$222.40 million, a P/E ratio of -21.50 and a beta of 1.49. The company has a fifty day moving average of C$0.76 and a 200 day moving average of C$0.68. The company has a debt-to-equity ratio of 264.14, a current ratio of 0.77 and a quick ratio of 0.11.

Almonty Industries (TSE:AII) last posted its quarterly earnings data on Tuesday, August 13th. The company reported C($0.01) EPS for the quarter. Almonty Industries had a negative net margin of 41.34% and a negative return on equity of 24.54%. The firm had revenue of C$7.94 million during the quarter. Sell-side analysts predict that Almonty Industries Inc. will post 0.0199693 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.