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0.00390434358223515 -0.000976085895558788 0 0.00939482674475349 0.0151293313811615 0.0107369448511468 0.0107369448511468 0.00439238653001463
Stock impact report

Almonty Industries (ALM) Relocates to US, Climbs 15% [Yahoo! Finance]

Almonty Industries Inc. - Common Shares (ALM) 
Company Research Source: Yahoo! Finance
Almonty Industries extended gains for a second day on Monday, soaring 15.32 percent to close at $20.62 apiece, as investors took heart from its support for the US government's critical minerals expansion with its relocation to the US. In a statement, Almonty Industries Inc. (NASDAQ:ALM) said that its headquarters is set to move to Dillon, Montana, from Toronto, Ontario, reflecting its continued strategic alignment with the United States and its role in supporting secure, transparent, and Western-aligned supply chains for critical materials. Photo from Almonty Industries website The move was in line with its ambitious goal of becoming a leading tungsten producer in the US, and followed its acquisition of the Gentung Tungsten Project in Montana. Production at the mine site is expected to restart this year. "Relocating our headquarters to the United States is not merely symbolic. It reflects who we are—as Montana is the location of our recently acquired Gentung Tungsten Project— Show less Read more
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