Almonty Industries Inc. (OTCMKTS:ALMTF – Get Free Report) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $3.24 and traded as high as $3.2850. Almonty Industries shares last traded at $3.24, with a volume of 53,671 shares trading hands.
Wall Street Analyst Weigh In
Separately, DA Davidson set a $11.00 price objective on Almonty Industries in a research note on Tuesday, October 28th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $11.00.
Check Out Our Latest Research Report on ALMTF
Almonty Industries Stock Up 2.2%
About Almonty Industries
Almonty Industries Inc engages in mining, processing, and shipping of 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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