Almonty Industries Inc. (TSE:AII) Director Michael Lewis Black Sells 150,000 Shares

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

Almonty Industries Trading Up 1.1 %

Shares of TSE:AII traded up C$0.01 during mid-day trading on Friday, hitting C$0.88. The stock had a trading volume of 6,000 shares, compared to its average volume of 50,139. The company has a debt-to-equity ratio of 187.06, a quick ratio of 0.11 and a current ratio of 0.33. The company has a market cap of C$187.87 million and a PE ratio of -27.50. Almonty Industries Inc. has a 12-month low of C$0.77 and a 12-month high of C$1.10. The company’s 50 day moving average is C$0.88 and its 200-day moving average is C$0.90.

Almonty Industries (TSE:AIIGet Rating) last released its earnings results on Friday, May 13th. The company reported C($0.01) earnings per share (EPS) for the quarter. The business had revenue of C$6.26 million for the quarter. On average, sell-side analysts predict that Almonty Industries Inc. will post 0.04 EPS 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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