Almonty Industries Inc. (OTCMKTS:ALMTF) Sees Significant Increase in Short Interest

Almonty Industries Inc. (OTCMKTS:ALMTF) was the recipient of a large increase in short interest in November. As of November 30th, there was short interest totalling 651,400 shares, an increase of 35.4% from the November 15th total of 481,000 shares. Based on an average daily trading volume, of 24,500 shares, the days-to-cover ratio is currently 26.6 days.

Almonty Industries Trading Up 1.4 %

ALMTF stock opened at $0.64 on Friday. Almonty Industries has a fifty-two week low of $0.38 and a fifty-two week high of $0.70. The business’s fifty day moving average price is $0.62 and its two-hundred day moving average price is $0.55.

Almonty Industries Company Profile

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.