Almonty Industries Proposes Public Offering of 15 Million Common Shares
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 08 2025
0mins
Source: Newsfilter
- Public Offering Plan: Almonty Industries has filed a preliminary prospectus supplement to propose a public offering of 15 million common shares in the U.S., which is expected to generate funds to support the development of multiple projects.
- Additional Share Option: The company plans to grant underwriters an option to purchase an additional 2.25 million common shares, which will further enhance its financing capabilities and provide funding for future expansions.
- Clear Use of Proceeds: The net proceeds from this offering will be used for exploration and development at the Gentung Browns Lake Tungsten Project, expansion at the Panasqueira Mine, and exploration at the Sangdong Molybdenum Project, indicating the company's strategic focus on future growth.
- Market Condition Impact: The pricing of this public offering will be determined based on market conditions, and while uncertainties exist, the company remains committed to enhancing its competitiveness in the tungsten market through this financing.
Analyst Views on ALM
Wall Street analysts forecast ALM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ALM is 11.96 USD with a low forecast of 11.96 USD and a high forecast of 11.96 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 9.030
Low
11.96
Averages
11.96
High
11.96
Current: 9.030
Low
11.96
Averages
11.96
High
11.96
About ALM
Almonty Industries Inc. is a diversified and global producer of tungsten concentrate. The Company is engaged in mining, processing and shipping tungsten concentrate from its Panasqueira Mine in Portugal. It also has a significant molybdenum resource on a separate property adjacent to the tungsten orebody at the Sangdong Mine. Its additional development projects include the Valtreixal Project in northwestern Spain and Los Santos Mine in western Spain. The Panasqueira Mine is located in Covilha, Castelo Branco, Portugal. The Sangdong Mine is located at Sangdong in the south-eastern Korean Peninsula, approximately 170 km east-southeast of Seoul, South Korea. The Valtreixal Mine is a potential open pit operation, and is located in the northwest part of the Zamora province, in the Castilla de Leon region of Spain. It also operates Woulfe, whose properties are located in Gangwon Province, Republic of Korea, and whose operations relate primarily to the development of the Sangdong Project.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
