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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
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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
17.290
Open
17.100
VWAP
16.90
Vol
3.79M
Mkt Cap
4.89B
Low
16.180
Amount
63.98M
EV/EBITDA(TTM)
--
Total Shares
283.74M
EV
6.72B
EV/OCF(TTM)
--
P/S(TTM)
116.31
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.
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Events Timeline

(ET)
2026-05-11
18:10:00
Reports Q1 Revenue of C$25.4M, Up 221% Year-over-Year
select
2026-04-17 (ET)
2026-04-17
08:50:00
Merlin Inc Borrow Rate Increases to 74.29%
select
2026-04-13 (ET)
2026-04-13
07:40:00
Almonty Industries Relocates Headquarters to Dillon, Montana
select

News

seekingalpha
9.5
05-12seekingalpha
Almonty Industries Q1 Earnings Beat Expectations with Positive Cash Flow
  • Earnings Highlights: Almonty Industries reported a Q1 GAAP EPS of -$0.02, missing expectations by $0.03, yet revenue of $25.4 million exceeded forecasts by $7.46 million, indicating strong performance in revenue growth.
  • Cash Flow Improvement: The company generated positive operating cash flow of $9.7 million for the quarter, a significant turnaround from the negative cash flow of ($4.4) million in Q1 2025, demonstrating enhanced operational efficiency and financial stability.
  • Adjusted EBITDA Growth: Adjusted EBITDA for Q1 reached $6.1 million, a substantial improvement from the negative $2.4 million in the same quarter last year, reflecting significant operational performance enhancements that may attract more investor interest.
  • Cash Reserves Status: As of March 31, 2026, Almonty had cash totaling $259.9 million, down from $268.4 million as of December 31, 2025, yet still maintaining a healthy cash position that supports future investment opportunities.
Newsfilter
1.0
05-11Newsfilter
Almonty Highlights Tungsten's Importance at BofA Conference
  • Conference Spotlight: Almonty's Chairman and CEO, Lewis Black, will present at the BofA Securities Global Metals, Mining & Steel Conference on May 13, 2026, discussing tungsten's critical role in U.S. defense readiness and next-generation technology supply chains, which is expected to enhance the company's industry influence.
  • Strategic Panel Participation: On the same day, Black will also join a tungsten panel discussion to share insights on tungsten's strategic importance in the competitive global landscape, further solidifying Almonty's leadership in critical mineral supply chains.
  • Unique Shareholder Experience: Almonty is offering two lucky Canadian shareholders an exclusive trip to the Sangdong Mine in South Korea, showcasing the mine's significance as a key asset in global tungsten production, which is anticipated to strengthen shareholder trust and loyalty towards the company.
  • Future Outlook: With rising global demand for tungsten, Almonty's Sangdong Mine is expected to supply over 80% of global non-China tungsten production upon reaching full capacity, directly addressing supply vulnerabilities highlighted by recent U.S. defense procurement bans and Chinese export restrictions, demonstrating the company's strategic foresight in the critical minerals sector.
PRnewswire
8.5
05-07PRnewswire
Western Governments Commit $12.1 Billion to Mining Projects
  • Surge in Investment: At the 2026 PDAC conference, Western governments committed $12.1 billion through 30 partnerships for new mining projects, reflecting strong demand and confidence in critical mineral resources.
  • Global Supply Chain Strain: The latest OECD report indicates that global export restrictions on critical raw materials have reached an all-time high, with supply concentration for cobalt, lithium, and rare earths exceeding 90%, driving capital down the entire Western mineral pipeline from early-stage exploration to commercial production.
  • GoldHaven Financing Expansion: GoldHaven Resources announced an upsizing of its non-brokered financing to $1.2 million due to strong investor demand, which will further support its fully funded exploration program at the Magno Project in British Columbia, expected to enhance drilling activities targeting a large-scale, multi-phase mineral system.
  • Strategic Mineral Potential: The Magno project spans over 37,200 hectares and contains silver, tungsten, lead, zinc, and indium, with tungsten classified as a critical mineral, positioning GoldHaven's exploration efforts to significantly bolster its competitiveness in the critical minerals market.
Newsfilter
8.5
05-07Newsfilter
GoldHaven Resources Upsizes Financing to $1.2 Million Amid Strong Demand
  • Financing Upsize: GoldHaven Resources has upsized its non-brokered financing to $1.2 million due to strong investor demand, which is expected to further bolster its fully funded 2026 exploration program at the Magno Project in British Columbia, supporting an expanded drill campaign targeting a large-scale, multi-phase mineral system.
  • Resource Potential: The Magno project spans over 37,200 hectares and contains silver, tungsten, lead, zinc, and indium, with tungsten classified as a critical mineral and no primary domestic production in Canada, highlighting the project's strategic importance in resource development.
  • Geological Assessment: An independent geological review of GoldHaven's Copeçal Gold Project in Brazil confirmed a large-scale, structurally controlled hydrothermal gold system, with a Phase II drill program planned for 2026 to test high-priority structural and geophysical targets, further advancing resource development.
  • Market Outlook: The global critical minerals market is projected to nearly double to $715 billion by 2035, with North American investment growing rapidly, positioning GoldHaven Resources favorably to attract more institutional capital to support its mineral development initiatives.
seekingalpha
5.0
05-06seekingalpha
Almonty Industries Appoints New CFO Jorge Beristain
  • Executive Change: Almonty Industries announced the appointment of Jorge Beristain as Chief Financial Officer effective June 1, 2026, succeeding Brian Fox who departed immediately, indicating a strategic shift in leadership to tackle future challenges.
  • Interim Management: Until Beristain's start date, Chief Development Officer Guillaume de Lamaziere will serve as interim CFO, ensuring continuity and stability in financial management, thereby mitigating potential risks associated with executive transitions.
  • Rich Financial Background: Beristain most recently served as Vice President of Finance at Ryerson Holding, where he was a key advisor to the CEO, CFO, and Board, and his extensive experience in financial management is expected to bring new perspectives and strategic direction to Almonty Industries.
  • Industry Influence: Having previously served as CFO of Central Steel & Wire Co. and currently as an Independent Director at Elevra Lithium, Beristain's broad industry connections and experience will enhance Almonty's competitiveness in the tungsten market.
Newsfilter
5.0
05-06Newsfilter
Almonty Appoints New Chief Financial Officer
  • Executive Appointment: Almonty Industries announced the appointment of Jorge Beristain as Chief Financial Officer effective June 1, 2026, aimed at supporting the company's expansion of the Sangdong Mine in South Korea, which is expected to enhance its strategic role in the Western tungsten supply chain.
  • Predecessor Departure: Former CFO Brian Fox has departed immediately, with Almonty expressing gratitude for his service, ensuring stability during the transition period as Guillaume de Lamaziere steps in as Interim CFO until the new appointee starts.
  • Financial Leadership Experience: Jorge Beristain brings extensive financial management experience, having served as Vice President of Finance at Ryerson Holding Corp, where he played a key role in doubling the company's market capitalization, showcasing his exceptional capabilities in the basic materials and mining sectors.
  • Strategic Growth Potential: Almonty's Sangdong Mine is considered a critical component of the global non-China tungsten supply chain, and with rising geopolitical tensions, the demand for tungsten is expected to surge, positioning the company strategically for robust future growth.
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
Alliance Global
Jake Sekelsky
Buy
upgrade
AI Analysis
2026-05-12
Reason
Alliance Global
Jake Sekelsky
Price Target
AI Analysis
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."
BofA
Buy
maintain
$20 -> $23
2026-05-11
Reason
BofA
Price Target
$20 -> $23
2026-05-11
maintain
Buy
Reason
BofA raised the firm's price target on Almonty to $23 from $20 and keeps a Buy rating on the shares ahead of Q1 results expected this week. The firm, which raised 2026 and 2027 tungsten price forecasts, notes that its revised Q1 EBITDA is slightly ahead of consensus and that it expects Almonty to provide positive updates on its projects.
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 57.14, compared to its 5-year average forward P/E of 91.41. 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
91.41
Current PE
57.14
Overvalued PE
146.09
Undervalued PE
36.72

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
16.05
Current EV/EBITDA
63.30
Overvalued EV/EBITDA
40.78
Undervalued EV/EBITDA
-8.67

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
15.14
Current PS
5.66
Overvalued PS
21.12
Undervalued PS
9.15

Financials

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Frequently Asked Questions

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

The current price of ALM is 17.22 USD — it has decreased -0.46

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 USD, decreased -100.00

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

Almonty Industries Inc (ALM) has 338 emplpoyees as of May 20 2026.

What is Almonty Industries Inc (ALM) market cap?

Today ALM has the market capitalization of 4.89B USD.