Almonty Industries (OTCMKTS:ALMTF) Shares Pass Above 50 Day Moving Average – Should You Sell?

Almonty Industries Inc. (OTCMKTS:ALMTFGet Free Report)’s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $0.64 and traded as high as $0.68. Almonty Industries shares last traded at $0.68, with a volume of 1,340 shares traded.

Almonty Industries Price Performance

The company’s 50 day moving average is $0.64 and its 200-day moving average is $0.59.

Almonty Industries Company Profile

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Almonty Industries Inc engages in mining, processing, and shipping of 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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