ALM Should I Buy
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Almonty Industries Inc (ALM) is a good buy for a beginner investor with a long-term strategy and $50,000-$100,000 available for investment. The company is poised for significant growth driven by its Sangdong Tungsten Mine, favorable tungsten pricing, and strong analyst support. While the stock has experienced a recent dip, its long-term growth potential outweighs short-term volatility.
The technical indicators show a bullish trend with moving averages (SMA_5 > SMA_20 > SMA_200) and a positive MACD histogram of 0.429. RSI is neutral at 56.877, and the stock is trading above its pivot level of 21.21, with key resistance at 23.888 and support at 18.533.
Analysts have consistently raised price targets, with the latest target at $25, implying a 17% upside.
The Sangdong Tungsten Mine commissioning is expected to drive transformational growth, with production set to quadruple.
Tungsten prices are at record highs, providing strong tailwinds for revenue growth.
Recent market performance shows a -5.36% drop in regular trading, which may concern short-term investors.
Financials show a negative net income of -102.27M in Q4 2025, though this is an improvement YoY.
In Q4 2025, revenue increased by 38.84% YoY to $8.72M. Net income improved significantly by 1792.54% YoY but remains negative at -$102.27M. EPS improved by 1333.33% YoY to -0.43. However, gross margin dropped to 15.06%, down -288.01% YoY.
Analysts are overwhelmingly positive on ALM, with multiple Buy ratings and price targets consistently raised over the past months. The latest target of $25 reflects confidence in the company's growth potential, particularly with the Sangdong Tungsten Mine and favorable tungsten pricing.
