Almonty Industries (ALMTF) Expected to Announce Quarterly Earnings on Wednesday

Almonty Industries (OTCMKTS:ALMTF) is anticipated to announce its results after the market closes on Wednesday, May 13th. Analysts expect the company to announce earnings of $0.0182 per share and revenue of $24.6940 million for the quarter.

Almonty Industries Price Performance

Shares of Almonty Industries stock opened at $3.24 on Wednesday. Almonty Industries has a 52 week low of $0.45 and a 52 week high of $3.44. The company has a 50 day moving average price of $3.24 and a 200 day moving average price of $3.24.

About Almonty Industries

Almonty Industries Inc is a Toronto‐based resource company focused on the acquisition, development and operation of tungsten mining projects. As a vertically integrated producer, the company’s core business centers on the extraction and processing of tungsten concentrates, a critical raw material used in the manufacture of hard metals and alloys. Through its publicly traded shares on both the TSX and OTCMKTS under the symbols AII and ALMTF respectively, Almonty provides exposure to a strategic mineral commodity with broad industrial applications.

The company’s operating portfolio includes the Sangdong project in South Korea, one of the world’s largest known tungsten deposits, which commenced commercial production in 2023.