Almonty Industries (OTCMKTS:ALMTF) Stock Price Up 2% – Time to Buy?

Almonty Industries Inc. (OTCMKTS:ALMTFGet Free Report) shot up 2% on Tuesday . The stock traded as high as $0.64 and last traded at $0.63. 113,439 shares changed hands during trading, an increase of 439% from the average session volume of 21,033 shares. The stock had previously closed at $0.62.

Almonty Industries Price Performance

The firm’s 50 day moving average price is $0.62 and its 200-day moving average price is $0.55.

About Almonty Industries

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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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