Almonty Industries Q2 Swings to Earnings, Revenue Rises

MT Newswires Live

08/12

Almonty Industries (ALM) reported Q2 earnings late Tuesday of CA$0.62 ($0.45) per diluted share, swinging from a loss of CA$0.30 a year earlier.

Analysts polled by FactSet expected CA$0.10.

Revenue for the three months ended June 30 was CA$43 million, up from CA$7.2 million a year earlier.

Analysts expected CA$63.7 million.

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