Almonty Industries Inc Declines Again; Strong Momentum for Sellers

 Almonty Industries Inc Declines Again; Strong Momentum for Sellers

The stock of Almonty Industries Inc (CVE:AII) is a huge mover today! About 54,500 shares traded hands or 125.90% up from the average. Almonty Industries Inc (CVE:AII) has risen 6.00% since November 1, 2016 and is uptrending. It has outperformed by 0.07% the S&P500.
The move comes after 7 months negative chart setup for the $29.01M company. It was reported on Dec, 1 by Barchart.com. We have $0.26 PT which if reached, will make CVE:AII worth $2.32M less.

More notable recent Almonty Industries Inc (CVE:AII) news were published by: Businesswire.com which released: “Almonty Announces it Has Entered into Several 1-Year Fixed Price Contracts for …” on November 29, 2016, also Businesswire.com with their article: “Recommended Takeover Offer for ATC Alloys Limited by Almonty Industries Inc.” published on May 30, 2016, Businesswire.com published: “Recommended New Takeover Offer for ATC Alloys Limited by Almonty Industries Inc.” on July 26, 2016. More interesting news about Almonty Industries Inc (CVE:AII) were released by: Businesswire.com and their article: “Almonty Industries Inc. Announces Its Subsidiary, Almonty Korea Tungsten …” published on January 06, 2016 as well as Businesswire.com‘s news article titled: “Almonty Industries Inc. Announces Granting of Stock Options” with publication date: December 24, 2015.

Almonty Industries Inc. is engaged in the exploration and evaluation of, and the mining, processing and shipping of tungsten concentrate. The company has a market cap of $29.01 million. The Firm operates through four divisions: Los Santos, Wolfram Camp, Valtreixal and Woulfe. It currently has negative earnings. The Los Santos Mine is located in Spain.

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