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ALM Overview

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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
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0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
17.710
Open
17.250
VWAP
17.29
Vol
5.92M
Mkt Cap
4.97B
Low
16.520
Amount
102.39M
EV/EBITDA(TTM)
--
Total Shares
281.94M
EV
6.79B
EV/OCF(TTM)
--
P/S(TTM)
163.83
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)
2026-03-19
05:10:00
Almonty Reports Q4 Adjusted EBITDA Loss of C$6.2M
select
2026-03-16 (ET)
2026-03-16
08:00:00
Almonty Completes Phase 1 Commissioning at Sangdong Tungsten Mine in South Korea
select

News

moomoo
5.0
03-23moomoo
Almonty Industries (ALM.US) Insider Plans to Sell $84.65 Million in Common Stock via Form 144
  • Stock Sale Announcement: Black intends to sell 5 million shares of its common stock on March 23.

  • Market Value: The total market value of the shares being sold is approximately $84.65 million.

seekingalpha
9.5
03-19seekingalpha
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.
Newsfilter
8.5
03-19Newsfilter
Almonty 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
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.
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
Buy
maintain
$17 -> $23
AI Analysis
2026-03-20
Reason
B. Riley
Price Target
$17 -> $23
AI Analysis
2026-03-20
maintain
Buy
Reason
B. Riley raised the firm's price target on Almonty to $23 from $17 and keeps a Buy rating on the shares. Following Q4 results, estimates have been updated to reflect the official commissioning of the Sangdong Tungsten Mine and a sharply improved APT pricing environment, with prices surging to about $2,250/MTU and the long-term deck raised to $800/MTU, the analyst tells investors in a research note.
Alliance Global
Jake Sekelsky
Buy
maintain
$14
2026-03-20
Reason
Alliance Global
Jake Sekelsky
Price Target
$14
2026-03-20
maintain
Buy
Reason
Alliance Global analyst Jake Sekelsky raised the firm's price target on Almonty to $19.25 from $14 and keeps a Buy rating on the shares. Almonty's 2025 results modestly missed expectations due to softer volumes at the Panasqueira mine in Portugal, but Phase 1 commissioning at the flagship Sangdong mine in South Korea marks a key inflection point expected to drive transformational growth in 2026, the analyst tells investors in a research note. With Sangdong poised to lift consolidated production roughly fourfold and additional development planned at the Gunteng Browns project in Montana, Almonty remains viewed as a leading vehicle for tungsten exposure, the firm says.
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Valuation Metrics

The current forward P/E ratio for Almonty Industries Inc (ALM.O) is 45.45, compared to its 5-year average forward P/E of 95.89. 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
95.89
Current PE
45.45
Overvalued PE
152.84
Undervalued PE
38.94

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
17.46
Current EV/EBITDA
-4.86
Overvalued EV/EBITDA
40.99
Undervalued EV/EBITDA
-6.07

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
16.19
Current PS
5.98
Overvalued PS
21.83
Undervalued PS
10.54

Financials

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Frequently Asked Questions

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

The current price of ALM is 17.63 USD — it has increased 10.26

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 8.72M USD, increased 38.84

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 -0.43 USD, increased 1333.33

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

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

What is Almonty Industries Inc (ALM) market cap?

Today ALM has the market capitalization of 4.97B USD.