🔴 Almonty Industries is trading 5% down today amid profit-taking and weaker broader markets

Almonty Industries is trading 5% down at $15.53, as profit-taking follows its August 17 gain amid weaker broader markets.

• Opening-day selling followed a sharp 8.42% gain on August 17.
• A newly authorized $300 million share-repurchase program was announced on August 17; no fresh negative company-specific catalyst was identified.
• The Nasdaq Composite is down 1.33% and the S&P 500 0.58%, while Bitcoin and Ethereum are essentially flat since the prior close.