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An announcement from Almonty Industries ( (TSE:AII) ) is now available.
Almonty Industries has been added to the S&P/TSX Global Mining Index, a benchmark for globally traded mining companies, highlighting its growing profile in the global mining sector. This inclusion reflects Almonty’s strategic execution and its role as a key supplier of tungsten for U.S. defense needs, potentially enhancing its industry positioning and shareholder value.
The most recent analyst rating on (TSE:AII) stock is a Buy with a C$5.00 price target. To see the full list of analyst forecasts on Almonty Industries stock, see the TSE:AII Stock Forecast page.
More about Almonty Industries
Almonty Industries Inc. is a global producer of tungsten concentrate, operating in conflict-free regions. The company mines, processes, and ships tungsten concentrate from its Panasqueira mine in Portugal and is constructing the Sangdong tungsten mine in South Korea. Almonty also has development projects in Spain, including the Valtreixal tin/tungsten project and the Los Santos Mine.
Average Trading Volume: 518,608
Technical Sentiment Signal: Buy
Current Market Cap: C$1.23B
For a thorough assessment of AII stock, go to TipRanks’ Stock Analysis page.