ALMONTY INDUSTRIES (AII) Stocks
ABOUT ALMONTY INDUSTRIES
Almonty Industries Inc. is a Canadian mining company that specializes in the acquisition of underperforming operations and assets in tungsten markets. These operations then benefit from the company’s operational experience.
The company was founded in 2011 and has its headquarters in Toronto.
The company’s name is derived from the names of the two founders’ fathers as a tribute to them. Al comes from Al D’Amato (father of Daniel D’Amato) and Monty from Monty Black (father of Lewis Black). In May 2005 the partners acquired the Panasqueira Mine in Portugal on behalf of Primary Metals Inc., which was purchased by Sojitz Corporation in 2008. When the duo acquired the Los Santos Mine, Almonty Industries Inc. was established.
Almonty Industries Inc. is well respected as a hands-on turnaround investor-operator. It is an expert at overseeing projects deemed too complex for the average investor. The results of its acquisitions are swift, with very profitable turnarounds.
Almonty Industries Inc. primarily operates in Spain, Portugal and South Korea. Today, it employs about 400 people across its operations.
OVERVIEW OF ALMONTY INDUSTRIES
Almonty Industries Inc. focuses on the mining, processing and shipping of tungsten concentrate. The company conducts its operations through five primary segments: Los Santos Mine, Wolfram Camp Mine, Valtreixal Mine, Woulfe Mine and Panasquera Mine.
Almonty Industries Inc.’s Los Santos Mine in Spain is engaged in the exploration and mining of tungsten, which is then sold as tungsten concentrate.
Wolfram Camp in Queensland, Australia, mines tungsten and molybdenum, which are both then sold as concentrates. Its Valtreixal Mine in Spain focusses on exploration and evaluation activities related to the Vlatreixal tin/tungsten project.
The Woulfe segment evaluates the Sangdong tungsten mine in the Gangwon Province in Korea. Panasquera is located in Colvilha, Castelo Branco in Portugal.
This mine is engaged in the exploration and mining of tungsten, as well as the production of copper- and tin concentrate by-products.
VISION & VALUES OF ALMONTY INDUSTRIES
Almonty Industries Inc. is passionate about enabling success through effective turnaround strategies that create superior value for all stakeholders.
It boasts a wealth of expertise in the field, and is renowned for its stellar business practices. It cares about people and values innovation.
Its main purpose is to create superior value for shareholders who purchase company stock.
Almonty Industries Inc. is a leader in its industry.
MARKET PERFORMANCE OF ALMONTY INDUSTRIES
Almonty Industries Inc. is listed on the Toronto Stock Exchange (TSE). Its shares trade under the stock symbol All.
The company is a renowned leader in its field and its financial performance speaks for itself.
Shareholders who buy and sell company shares are assured of solid dividends and returns. For fiscal 2019, the company recorded total equity of US Dollar 47.41 million. Its cash and short-term investments amounted to US Dollar 2.89 million.
The company’s total equity was US Dollar 47.41 million.
Buy ALMONTY INDUSTRIES stocks / shares – A Step by Step Guide how to Buy / Purchase ALMONTY INDUSTRIES Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy ALMONTY INDUSTRIES Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN ALMONTY INDUSTRIES STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE ALMONTY INDUSTRIES STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of ALMONTY INDUSTRIES stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy ALMONTY INDUSTRIES stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?