TSX:AIIMetals and Mining
Almonty Industries (TSX:AII) Losses Worsen 43.8% Yearly, Challenging Turnaround Narrative
Almonty Industries (TSX:AII) remains unprofitable, with net losses worsening at an annual rate of 43.8% over the past five years, and no year-over-year profit growth to point to as margins have stayed in negative territory. While current figures do not reflect improvement, forecasts are bullish. Some sources suggest earnings could grow 65.29% per year and flip to profitability within three years. Revenue is expected to rise 53% per year compared to the Canadian average of 5.1%.
See our full...