Almonty Industries Inc. (OTCMKTS:ALMTF – Get Rating) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totalling 48,900 shares, an increase of 96.4% from the September 15th total of 24,900 shares. Based on an average daily trading volume, of 25,500 shares, the days-to-cover ratio is presently 1.9 days.
Almonty Industries Price Performance
Shares of OTCMKTS ALMTF opened at $0.49 on Friday. The business's 50 day moving average price is $0.56 and its two-hundred day moving average price is $0.64. Almonty Industries has a twelve month low of $0.40 and a twelve month high of $0.83.
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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.Featured Stories
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