Almonty Industries is trading at $14.07, down -4.27%, as broad risk-off conditions pressure markets.
- Bitcoin is down 3.28% and Ethereum 5.40% since the previous close, weakening risk appetite.
- The 10-year Treasury yield rose above 5%; Reuters reported it reached 5.041%, its highest level since 2007. Higher oil prices and Fed uncertainty also pressured equities.
- The Rwanda tungsten partnership is positive but does not explain today’s decline.