Almonty Industries (OTCMKTS:ALMTF) Stock Price Passes Above 50-Day Moving Average – What’s Next?

Almonty Industries Inc. (OTCMKTS:ALMTFGet Free Report) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $0.62 and traded as high as $0.73. Almonty Industries shares last traded at $0.72, with a volume of 78,950 shares.

Almonty Industries Trading Up 4.5 %

The firm has a fifty day simple moving average of $0.62 and a 200 day simple moving average of $0.57.

Almonty Industries Company Profile

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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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