Almonty Industries Inc. (OTCMKTS:ALMTF – Get Rating) was the target of a large decline in short interest in September. As of September 15th, there was short interest totalling 24,900 shares, a decline of 52.5% from the August 31st total of 52,400 shares. Based on an average daily trading volume, of 125,200 shares, the days-to-cover ratio is currently 0.2 days.
Almonty Industries Price Performance
ALMTF stock traded down $0.00 during trading on Thursday, hitting $0.44. The company had a trading volume of 12,000 shares, compared to its average volume of 22,583. The company has a fifty day moving average price of $0.61 and a two-hundred day moving average price of $0.66. Almonty Industries has a fifty-two week low of $0.40 and a fifty-two week high of $0.83.
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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.Further Reading
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