Almonty Industries Inc. (AII.TO) (TSE:AII) Shares Pass Above Fifty Day Moving Average of $0.72

Almonty Industries Inc. (AII.TO) (TSE:AII) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $0.72 and traded as high as $0.76. Almonty Industries Inc. (AII.TO) shares last traded at $0.70, with a volume of 32,715 shares.

The company has a market capitalization of $128.43 million and a PE ratio of -6.19. The company has a current ratio of 0.20, a quick ratio of 0.06 and a debt-to-equity ratio of 175.91. The stock has a fifty day simple moving average of C$0.72 and a 200-day simple moving average of C$0.59.

About Almonty Industries Inc. (AII.TO) (TSE:AII)

Almonty Industries Inc engages in the mining, processing, and shipping of tungsten concentrate. The company 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 situated in Gangwon Province, Republic of Korea; and the Valtre Valtreixal tin and tungsten project located in Zamora province, Western Spain.

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