Almonty Industries (TSE:AII) Posts Earnings Results

Almonty Industries (TSE:AII) released its quarterly earnings results on Thursday. The company reported C($0.48) EPS for the quarter, FiscalAI reports. The company had revenue of C$8.72 million during the quarter. Almonty Industries had a negative return on equity of 108.87% and a negative net margin of 216.27%.

Almonty Industries Price Performance

AII opened at C$23.51 on Friday. The business’s 50-day moving average is C$19.85 and its two-hundred day moving average is C$13.17. Almonty Industries has a 1 year low of C$2.78 and a 1 year high of C$30.58. The company has a debt-to-equity ratio of 115.13, a current ratio of 2.38 and a quick ratio of 0.11. The firm has a market capitalization of C$6.03 billion, a PE ratio of -71.24 and a beta of 1.84.

Almonty Industries Company Profile

Almonty (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1) is a leading supplier of conflict free tungsten – a strategic metal critical to the defense and advanced technology sectors. As geopolitical tensions heighten, tungsten has become essential for armor, munitions, and electronics manufacturing. Almontys flagship Sangdong Tungsten Mine in South Korea, historically one of the worlds largest and highest-grade tungsten deposits, is expected to supply over 40% of global non-China tungsten production upon reaching full capacity, directly addressing critical supply vulnerabilities highlighted by recent U.S.