Almonty Industries (TSE:AII) Hits New 52-Week High – Still a Buy?

Shares of Almonty Industries Inc. (TSE:AII) reached a new 52-week high on Friday . The stock traded as high as C$20.55 and last traded at C$20.54, with a volume of 114542 shares. The stock had previously closed at C$19.96.

Almonty Industries Stock Performance

The firm’s 50-day moving average price is C$14.46 and its 200-day moving average price is C$10.45. The company has a debt-to-equity ratio of 225.11, a current ratio of 0.38 and a quick ratio of 0.11. The stock has a market cap of C$5.07 billion, a P/E ratio of -59.94 and a beta of 1.31.

About Almonty Industries

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.