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ALM Overview

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ET
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Intellectia

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High
18.390
Open
18.160
VWAP
17.86
Vol
4.82M
Mkt Cap
4.56B
Low
17.410
Amount
86.01M
EV/EBITDA(TTM)
--
Total Shares
256.49M
EV
6.99B
EV/OCF(TTM)
--
P/S(TTM)
166.59
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.
Show More

Events Timeline

(ET)
2026-03-16
08:00:00
Almonty Completes Phase 1 Commissioning at Sangdong Tungsten Mine in South Korea
select
2025-12-16 (ET)
2025-12-16
09:00:00
Almonty Successfully Delivers First Truckload of Ore to Sangdong Mine
select
2025-12-09 (ET)
2025-12-09
06:30:00
BofA Increases Common Stock Offering to 18M Shares at $6.25-$6.75 Range
select
2025-12-08 (ET)
2025-12-08
19:30:00
S&P 500 and Nasdaq Composite Both Decline
select

News

Newsfilter
8.5
03:42 AMNewsfilter
PinnedAlmonty Delivers First Ore to Sangdong Mine, Transitioning to Active Mining Operations
  • Ore Delivery Milestone: Almonty successfully delivered its first truckload of ore to the Run-of-Mine pad at the Sangdong Mine in December 2025, marking the transition from development to active mining operations, which is expected to provide a critical tungsten supply for Western industrial and defense supply chains.
  • Surge in Tungsten Prices: As of March 2026, the trailing twelve-month average price of tungsten APT increased by 534% year-over-year to US$2,250 per MTU, driving a 39% revenue increase in Q4 2025 to $8.7 million, reflecting strong market demand.
  • Significant Financial Losses: The net loss for Q4 2025 reached CAD 102.3 million, a substantial increase from CAD 5.4 million in the same quarter last year, primarily due to non-cash losses from the revaluation of derivative liabilities, reflecting a significant appreciation in the company's share price.
  • Strategic Executive Appointments: Almonty appointed Brigadier General (Retired) Steven L. Allen as Chief Operating Officer to optimize tungsten deliveries and accelerate the development of the Sangdong Molybdenum Project and Gentung Tungsten Project, demonstrating the company's focus on future growth.
seekingalpha
9.5
06:11 AMseekingalpha
Almonty Industries Q4 Financial Results
  • Adjusted EBITDA Loss: Almonty Industries reported an adjusted EBITDA loss of $6.2 million for Q4, worsening from a loss of $2 million in the same quarter last year, indicating significant challenges in cost management and operational efficiency that could undermine investor confidence.
  • Weak Revenue Growth: Although Q4 revenue increased by 38.1% year-over-year to $8.7 million, it fell short of analyst expectations by $1.64 million, highlighting volatility in market demand and potential shortcomings in the company's sales strategy.
  • Financial Performance Review: Historical earnings data for Almonty Industries suggests that despite revenue growth, ongoing losses may limit the company's ability to raise capital in the markets, thereby impacting its long-term strategic initiatives.
  • Uncertain Market Outlook: The financial challenges and missed revenue targets faced by the company could negatively affect its future market positioning and competitiveness, prompting investors to closely monitor subsequent financial adjustments and strategic planning.
seekingalpha
8.5
03-17seekingalpha
Almonty Resumes Production at Sangdong Tungsten Mine Amid Record Prices
  • Production Resumption: Almonty Industries has completed Phase 1 commissioning at its Sangdong tungsten mine in South Korea, marking a return to production amid record tungsten prices, with an expected output of 2,300 tons/year of high-grade tungsten concentrate to meet defense and semiconductor demands.
  • Capacity Enhancement: The modernized underground mine will process approximately 640,000 metric tons of ore, with a planned Phase 2 expansion in 2027 expected to increase throughput to 1.2 million tons/year, effectively doubling production capacity to 4,600 tons/year and significantly boosting market supply.
  • Global Market Impact: Once fully operational, Sangdong is projected to supply about 40% of global tungsten demand outside of China, which will help reduce reliance on Chinese tungsten supplies and enhance strategic security for Western nations in defense supply chains.
  • Long-term Development Potential: The mine has an expected life exceeding 45 years, with an average tungsten trioxide grade of 0.51%, above the global average, indicating its potential to provide a stable supply of high-quality tungsten for decades to come.
NASDAQ.COM
2.0
03-17NASDAQ.COM
Metals Fabrication Shares Decline
  • Sector Decline: Metals fabrication and products shares collectively fell by approximately 0.9%, indicating a weak performance in the sector that may undermine investor confidence.
  • Ampco-Pittsburgh Plummets: Ampco-Pittsburgh's stock dropped by about 32.5%, a significant decline likely driven by weak fundamentals or market concerns regarding its future prospects, prompting investor sell-offs.
  • Almonty Industries Under Pressure: Almonty Industries saw a decline of approximately 6.4%, reflecting market doubts about its competitiveness and profitability in the metals sector, which could impact its financing and expansion plans.
  • Market Sentiment Deteriorates: The poor performance of the metals fabrication sector may lead related companies to adopt a more cautious approach in future financing and investment decisions, potentially affecting the long-term growth of the industry.
Newsfilter
8.5
03-16Newsfilter
Sangdong Resumes Production After 30 Years, Set to Supply 40% of Western Tungsten Demand
  • Production Resumption: Almonty Industries announced the commissioning of its Sangdong Tungsten Mine in Gangwon Province, South Korea, after over 30 years of inactivity, with an annual ore processing capacity of 640,000 tonnes expected to yield approximately 2,300 tonnes of tungsten concentrate, marking a significant return to the global tungsten market.
  • Expansion Plans: The planned Phase 2 expansion, set to come online in 2027, aims to double processing capacity to 1.2 million tonnes of ore annually, increasing tungsten output to about 4,600 tonnes, with Sangdong projected to supply around 40% of global tungsten demand outside China, significantly enhancing market supply security.
  • Investment and Development: Since acquiring the project in 2015, Almonty has invested over $100 million to redevelop the site into a modern underground mining operation, including approximately four kilometers of underground tunnel development and advanced operational monitoring systems, ensuring the mine's long-term sustainability.
  • Strategic Implications: The resumption of operations at Sangdong represents a crucial step for the U.S. and its allies in diversifying critical mineral supply chains, directly supporting U.S. defense procurement requirements for non-China tungsten sourcing post-2027, thereby enhancing resource security and solidifying South Korea's strategic position in global tungsten production.
NASDAQ.COM
9.5
03-11NASDAQ.COM
Denison Mine Reports Quarterly Loss in Line with Estimates
  • Quarterly Performance: Denison Mine reported a quarterly loss of $0.02 per share for the quarter ended December 2025, aligning with the Zacks consensus estimate and matching last year's loss, indicating stability in profitability.
  • Revenue Beat: The company posted revenues of $0.88 million, exceeding the Zacks consensus estimate by 12.44%, and showing growth from $0.84 million a year ago, reflecting enhanced competitiveness in the market.
  • Stock Performance: Denison Mine shares have risen approximately 43.2% since the beginning of the year, contrasting with a 0.7% decline in the S&P 500, showcasing the company's relative strength and attracting investor interest.
  • Future Outlook: While the current EPS estimate stands at -$0.02 with a revenue forecast of $3.2 million for fiscal 2025, Denison Mine is rated Zacks Rank #2 (Buy) within the top 25% of Zacks industries, suggesting potential market outperformance ahead.
Wall Street analysts forecast ALM stock price to rise
2 Analyst Rating
Wall Street analysts forecast ALM stock price to rise
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
12.00
Averages
12.00
High
12.00
Current: 0.000
sliders
Low
12.00
Averages
12.00
High
12.00
B. Riley
Nick Giles
Buy
maintain
$10 -> $17
AI Analysis
2026-02-13
Reason
B. Riley
Nick Giles
Price Target
$10 -> $17
AI Analysis
2026-02-13
maintain
Buy
Reason
B. Riley analyst Nick Giles raised the firm's price target on Almonty to $17 from $10 and keeps a Buy rating on the shares. Almonty is benefiting from record-high tungsten prices, with year-to-date APT pricing up about 50%, and has begun active mining at its Sangdong Tungsten Mine, positioning it as a major Western supply source, the analyst tells investors in a research note. Full run-rate production at Sangdong Phase I is a key 2026 objective, with Phase II expected to double output by 2027, while additional growth catalysts include drilling programs at Panasqueira and Sangdong Molybdenum and expansion into North America via the Gentung Browns Lake Project, the firm says.
Oppenheimer
Ian Zaffino
Outperform
maintain
$12 -> $16
2026-02-05
Reason
Oppenheimer
Ian Zaffino
Price Target
$12 -> $16
2026-02-05
maintain
Outperform
Reason
Oppenheimer analyst Ian Zaffino raised the firm's price target on Almonty to $16 from $12 and keeps an Outperform rating on the shares. Management struck a bullish tone at the firm's Emerging Growth Conference, as tungsten prices continue to trend higher, Oppenheimer notes.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for ALM
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Valuation Metrics

The current forward P/E ratio for Almonty Industries Inc (ALM.O) is 98.25, compared to its 5-year average forward P/E of 63.67. For a more detailed relative valuation and DCF analysis to assess Almonty Industries Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
63.67
Current PE
98.25
Overvalued PE
80.98
Undervalued PE
46.37

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
33.65
Current EV/EBITDA
55.07
Overvalued EV/EBITDA
44.12
Undervalued EV/EBITDA
23.19

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
14.21
Current PS
22.44
Overvalued PS
17.70
Undervalued PS
10.72

Financials

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Frequently Asked Questions

What is Almonty Industries Inc (ALM) stock price today?

The current price of ALM is 17.78 USD — it has decreased -2.09

What is Almonty Industries Inc (ALM)'s business?

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.

What is the price predicton of ALM Stock?

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 is12.00 USD with a low forecast of 12.00 USD and a high forecast of 12.00 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.

What is Almonty Industries Inc (ALM)'s revenue for the last quarter?

Almonty Industries Inc revenue for the last quarter amounts to 8.70M USD, increased 27.98

What is Almonty Industries Inc (ALM)'s earnings per share (EPS) for the last quarter?

Almonty Industries Inc. EPS for the last quarter amounts to 0.13 USD, decreased -533.33

How many employees does Almonty Industries Inc (ALM). have?

Almonty Industries Inc (ALM) has 306 emplpoyees as of March 19 2026.

What is Almonty Industries Inc (ALM) market cap?

Today ALM has the market capitalization of 4.56B USD.