Almonty Industries Stock Today

AII Stock  CAD 0.89  0.01  1.11%   

Performance

5 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 50

 
High
 
Low
About Average
Almonty Industries is selling at 0.89 as of the 28th of November 2024; that is 1.11 percent decrease since the beginning of the trading day. The stock's open price was 0.9. Almonty Industries has 50 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Almonty Industries are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Almonty Industries Inc. engages in the mining, processing, and shipping of tungsten concentrate. The company owns interests in the Los Santos mine located near Salamanca, Spain the Panasqueira tin and tungsten mine situated in Covilha and Castelo Branco, Portugal and the Sangdong tungsten mine situated in Gangwon Province, Republic of Korea and the Valtre Valtreixal tin and tungsten project located in Zamora province, Western Spain. The company has 258.61 M outstanding shares of which 499.5 K shares are presently shorted by private and institutional investors with about 4.38 days to cover all short positions. More on Almonty Industries

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Almonty Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Almonty Industries' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Almonty Industries or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanLewis Black
Business ConcentrationDiversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors)
Almonty Industries' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Almonty Industries' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Almonty Industries can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Almonty Industries' financial leverage. It provides some insight into what part of Almonty Industries' total assets is financed by creditors.
Liquidity
Almonty Industries cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Almonty Industries has accumulated 89.48 M in total debt with debt to equity ratio (D/E) of 85.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Almonty Industries has a current ratio of 0.43, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Almonty Industries until it has trouble settling it off, either with new capital or with free cash flow. So, Almonty Industries' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Almonty Industries sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Almonty to invest in growth at high rates of return. When we think about Almonty Industries' use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

6.69 Million
Almonty Industries (AII) is traded on Toronto Exchange in Canada and employs 4 people. Almonty Industries is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 230.16 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Almonty Industries's market, we take the total number of its shares issued and multiply it by Almonty Industries's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Almonty Industries operates under Metals & Mining sector and is part of Materials industry. The entity has 258.61 M outstanding shares of which 499.5 K shares are presently shorted by private and institutional investors with about 4.38 days to cover all short positions. Almonty Industries has accumulated about 5.17 M in cash with (3.9 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03.
Check Almonty Industries Probability Of Bankruptcy
Ownership Allocation
Almonty Industries holds a total of 258.61 Million outstanding shares. Almonty Industries retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Almonty Ownership Details

Almonty Industries Risk Profiles

Although Almonty Industries' alpha and beta are two of the key measurements used to evaluate Almonty Industries' performance over the market, the standard measures of volatility play an important role as well.

Almonty Stock Against Markets

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Other Information on Investing in Almonty Stock

Almonty Industries financial ratios help investors to determine whether Almonty Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Almonty with respect to the benefits of owning Almonty Industries security.