Almonty Industries Inc. (OTCMKTS:ALMTF – Get Rating) saw a large increase in short interest in the month of December. As of December 30th, there was short interest totalling 82,200 shares, an increase of 21.6% from the December 15th total of 67,600 shares. Based on an average daily volume of 79,300 shares, the short-interest ratio is presently 1.0 days.
Almonty Industries Price Performance
Shares of ALMTF stock opened at $0.63 on Friday. The firm's 50 day moving average price is $0.51 and its two-hundred day moving average price is $0.55. Almonty Industries has a 52-week low of $0.40 and a 52-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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