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ALM Overview

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$
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0.000(0.000%)
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0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
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0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
16.890
Open
16.510
VWAP
15.45
Vol
3.21M
Mkt Cap
4.67B
Low
14.710
Amount
49.67M
EV/EBITDA(TTM)
--
Total Shares
283.74M
EV
6.74B
EV/OCF(TTM)
--
P/S(TTM)
109.92
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)
2026-06-04
17:10:00
Almonty Files to Sell $700M of Convertible Senior Notes Due 2031
select
2026-06-01 (ET)
2026-06-01
07:40:00
Almonty Industries Reminds Shareholders to Support Company's Transformation
select
2026-05-20 (ET)
2026-05-20
08:50:00
Significant Increases in Indicative Borrow Rates Among Liquid Option Names
select
2026-05-11 (ET)
2026-05-11
18:10:00
Reports Q1 Revenue of C$25.4M, Up 221% Year-over-Year
select

News

Newsfilter
8.5
17:43 PMNewsfilter
PinnedAlmonty Industries Holds Annual Shareholders Meeting
  • Board Election Results: At today's annual shareholders meeting, all seven nominees for Almonty Industries' board were elected, with Lewis Black receiving 79.23% of the votes, reflecting strong shareholder support for governance and enhancing board stability and strategic direction.
  • Auditor Reappointment: Zeifmans LLP was reappointed as the company's auditor with 99.52% approval, ensuring financial transparency and laying a solid foundation for future audit compliance, thereby boosting investor confidence.
  • Commitment to Board Diversity: The board emphasized its ongoing commitment to enhancing the skills and diversity of its members to meet the expanding stakeholder base, a strategy that will strengthen the company's competitiveness in capital markets.
  • Importance of Tungsten Market: As a leading global tungsten producer, Almonty is strategically positioned to meet the critical demands of the U.S. defense and advanced technology sectors, especially amid rising geopolitical tensions, which will directly impact its market share and supply chain security.
Newsfilter
8.5
17:43 PMNewsfilter
Almonty Secures $700 Million Financing to Strengthen Financial Position
  • Successful Financing: Almonty has successfully closed a $700 million offering of convertible senior notes, including a $100 million overallotment, reflecting strong institutional investor confidence and significantly enhancing the company's financial flexibility.
  • Increased Net Proceeds: The net proceeds from this financing are approximately $772.7 million after deducting related expenses, which will be utilized to advance the development of the Sangdong Mine, ensuring Almonty's critical role in the global non-China tungsten supply chain.
  • Strategic Importance: As geopolitical tensions rise, tungsten's role as a strategic metal in defense and advanced technology supply chains becomes increasingly vital, and Almonty's successful financing will help meet the demand for secure, conflict-free tungsten sources for the U.S. and its allies.
  • Market Outlook: Almonty's Sangdong Mine in South Korea is considered one of the largest tungsten deposits globally, and upon reaching full capacity, it is expected to significantly alleviate supply vulnerabilities highlighted by recent U.S. defense procurement bans and Chinese export restrictions.
Globenewswire
8.5
13:45 PMGlobenewswire
Ares Strategic Mining: The Only Permitted Fluorspar Miner in the U.S.
  • Mineral Significance: Fluorspar is a critical raw material in the modern industrial economy, used in refrigerants, fluoropolymers, and aluminum smelting, with nearly all of the 445 tons consumed in the U.S. in 2024 being imported, highlighting the vulnerability of domestic supply chains.
  • Mining Development Progress: Ares Strategic Mining has commenced operations at its Lost Sheep mine in Utah, with several thousand tons of fluorspar ore mined and stockpiled in preparation for processing, marking a significant transition from development to production.
  • Financing and Expansion Plans: The company filed a US$100 million base shelf registration with the SEC in June 2026 to support its mine construction and production expansion, while also planning to list on Nasdaq to enhance market visibility.
  • Government Contract Support: Ares secured a five-year contract with the U.S. Department of Defense, potentially worth up to US$250 million, which not only boosts the company's market position but also reflects the government's increasing focus on domestic fluorspar supply chain security.
Newsfilter
8.5
13:42 PMNewsfilter
Ares Strategic Mining: The Only Permitted Fluorspar Miner in the U.S.
  • Fluorspar Market Potential: The U.S. consumes about 445 tons of fluorspar annually, relying almost entirely on imports, while Ares Strategic Mining operates the only permitted fluorspar mine at Lost Sheep in Utah, addressing a critical gap in the domestic supply chain with significant strategic implications.
  • Capital Raising Plans: On June 8, 2026, the company filed a $100 million base shelf registration with the SEC to support its transition from development to sustained production, reflecting its ambitious growth strategy.
  • Defense Department Contract: Ares secured a five-year Indefinite Delivery/Indefinite Quantity contract with the U.S. Department of Defense, potentially worth up to $250 million in future orders, enhancing its market position in the critical minerals sector.
  • Production Targets: The company aims for an annual output of approximately 45,400 to 54,500 tons of final products, and while it has not yet achieved commercial production, these targets offer investors long-term growth potential.
PRnewswire
8.5
06-05PRnewswire
NevGold Advances Antimony-Gold Project
  • Strong Funding: NevGold Corp. secured approximately C$42 million through a successful private placement, significantly enhancing its competitive position in antimony-gold development while eliminating financing hurdles that often stall exploration efforts at critical moments.
  • Drilling Program Launched: The company commenced a 20,000-meter drilling program at its Limo Butte project in Nevada, focusing on resource building and new discoveries, which is expected to provide crucial data for future antimony-gold resource estimates and propel project advancement.
  • High Ore Quality: Historical sampling at the Limo Butte project revealed antimony grades as high as 53.7%, with fourteen samples exceeding 2% antimony, a finding that not only boosts the project's economic potential but also underscores the strategic importance of domestic antimony supply for the U.S.
  • Enhanced Policy Support: With the U.S. government prioritizing antimony as a critical mineral, NevGold's project is benefiting from favorable policy developments, particularly against the backdrop of China's export restrictions, positioning NevGold's rapid production capabilities as vital for U.S. antimony resources and national security.
Newsfilter
8.5
06-05Newsfilter
NevGold Advances Antimony-Gold Project
  • Strong Funding: NevGold Corp. recently closed an upsized brokered private placement of approximately C$42 million, ensuring robust financial backing for its antimony-gold development, thereby eliminating financing hurdles that often stall exploration efforts at critical moments.
  • Drilling Program Launch: The company has commenced a 20,000-meter drill program at the Limo Butte project, focusing on resource building and new discoveries, aiming to rapidly enhance the quantification and development potential of antimony-gold resources, which is expected to lay the groundwork for future production.
  • Exceptional Ore Quality: NevGold reported consistent oxide antimony-gold mineralization from the historic leach pads, including an interval of 0.32% antimony and 0.39 g/t gold, while surface sampling from the Pre-Strip Dump revealed grades as high as 53.7% antimony, indicating significant high-grade ore potential that may attract increased investor interest.
  • Enhanced Policy Support: With the U.S. government prioritizing antimony as a strategic mineral, NevGold's project benefits from both policy and financial backing, particularly against the backdrop of China's export restrictions on antimony, making the company's rapid production capabilities crucial as a potential key player in the U.S. antimony supply chain.
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
Oppenheimer
Ian Zaffino
Outperform
maintain
$22 -> $25
AI Analysis
2026-06-03
Reason
Oppenheimer
Ian Zaffino
Price Target
$22 -> $25
AI Analysis
2026-06-03
maintain
Outperform
Reason
Oppenheimer analyst Ian Zaffino raised the firm's price target on Almonty to $25 from $22 and keeps an Outperform rating on the shares. Management was upbeat and discussed the ramp at Sangdong, tungsten supply/demand, and where prices may ultimately settle. The firm notes Tungsten/APT prices remain near record levels with an average price of $3,040/MTU on May 29. Management believes prices will remain elevated given limited supply and strong demand in semiconductor and defense.
Alliance Global
Jake Sekelsky
Buy
upgrade
2026-05-12
Reason
Alliance Global
Jake Sekelsky
Price Target
2026-05-12
upgrade
Buy
Reason
Alliance Global analyst Jake Sekelsky raised the firm's price target on Almonty to $26.25 from $19.25 and keeps a Buy rating on the shares. The company's cornerstone Sangdong tungsten mine continues to ramp toward nameplate capacity, the analyst tells investors in a research note. Alliance views the ramp up at Sangdong and development work at the Gentung Project in Montana as Almonty's key catalysts in the coming quarters. It believes the company "has assembled a strong foundation of assets to continue to expand its leadership in the tungsten space."
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 60.98, compared to its 5-year average forward P/E of 89.49. 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
89.49
Current PE
60.98
Overvalued PE
142.91
Undervalued PE
36.07

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
N/A
5Y Average EV/EBITDA
19.43
Current EV/EBITDA
56.02
Overvalued EV/EBITDA
46.62
Undervalued EV/EBITDA
-7.77

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
14.56
Current PS
5.01
Overvalued PS
20.76
Undervalued PS
8.37

Financials

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Frequently Asked Questions

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

The current price of ALM is 14.74 USD — it has decreased -10.4

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 25.40M USD, increased 221.19

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 -0.02 USD, decreased -89.47

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

Almonty Industries Inc (ALM) has 338 emplpoyees as of June 09 2026.

What is Almonty Industries Inc (ALM) market cap?

Today ALM has the market capitalization of 4.67B USD.