Almonty Industries Inc. (OTCMKTS:ALMTF – Get Rating) was the recipient of a significant decline in short interest during the month of August. As of August 15th, there was short interest totalling 66,700 shares, a decline of 35.2% from the July 31st total of 102,900 shares. Based on an average daily trading volume, of 13,000 shares, the days-to-cover ratio is presently 5.1 days.
Almonty Industries Stock Down 0.8 %
ALMTF stock opened at $0.66 on Monday. Almonty Industries has a 1 year low of $0.60 and a 1 year high of $0.83. The company has a fifty day simple moving average of $0.68 and a 200 day simple moving average of $0.70.
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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.Read More
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