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Insider Selling: Almonty Industries Inc. (TSE:AII) Director Sells C$135,000.00 in Stock

Financial News Live ·  Aug 9, 2022 04:21

Almonty Industries Inc. (TSE:AII – Get Rating) Director Michael Lewis Black sold 150,000 shares of Almonty Industries stock in a transaction on Tuesday, August 2nd. The stock was sold at an average price of C$0.90, for a total value of C$135,000.00. Following the completion of the transaction, the director now owns 10,882,895 shares in the company, valued at C$9,794,605.50.

Almonty Industries Trading Up 1.1 %

TSE:AII opened at C$0.89 on Tuesday. The stock has a fifty day simple moving average of C$0.88 and a 200 day simple moving average of C$0.90. The firm has a market capitalization of C$190.00 million and a price-to-earnings ratio of -27.81. Almonty Industries Inc. has a 1-year low of C$0.77 and a 1-year high of C$1.10. The company has a quick ratio of 0.11, a current ratio of 0.33 and a debt-to-equity ratio of 187.06.

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Almonty Industries (TSE:AII – Get Rating) last announced its earnings results on Friday, May 13th. The company reported C($0.01) EPS for the quarter. The business had revenue of C$6.26 million for the quarter. Sell-side analysts forecast that Almonty Industries Inc. will post 0.04 earnings per share for the current year.

Almonty Industries Company Profile

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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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