Should I Buy ALM? ALM 2026 Analysis

Should You Buy Almonty Industries Inc (ALM) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

22.280

1 Day change

4.65%

52 Week Range

22.550

Analysis Updated At

2026/03/05

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Almonty Industries Inc (ALM) is not a strong buy at the moment for a beginner investor with a long-term strategy. While the company shows potential growth due to high tungsten prices and strategic mining projects, the recent financial performance and lack of strong trading signals suggest holding off for now.

Technical Analysis

The stock is showing bullish moving averages (SMA_5 > SMA_20 > SMA_200), with a positive MACD histogram (0.311) indicating upward momentum. However, RSI at 69.189 is in the neutral zone, and the stock is trading near resistance levels (R1: 20.195). The next month projection shows a potential -11.14% decline, which suggests caution.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

The low put-call ratios indicate bullish sentiment in the options market. However, the implied volatility (IV) at 107.94% and IV rank of 57.39 suggest high risk and uncertainty.

Technical Summary

Sell

Buy

Positive Catalysts

Record-high tungsten prices, up 50% year-to-date.
Strategic mining projects like Sangdong Tungsten Mine and expansion into North America.
Analysts have raised price targets significantly, reflecting confidence in long-term growth.

Neutral/Negative Catalysts

Poor financial performance in Q3 2025, with net income dropping -724.01% YoY and EPS down -533.33% YoY.
No significant hedge fund or insider trading trends.
No recent news or congress trading data to indicate strong external interest.

Financial Performance

In Q3 2025, revenue increased by 27.98% YoY, and gross margin improved by 49.28% YoY. However, net income dropped significantly (-724.01% YoY), and EPS fell (-533.33% YoY), indicating profitability challenges.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Analysts are optimistic, with multiple firms raising price targets (e.g., B. Riley to $17, Oppenheimer to $16, Alliance Global to $14). Analysts cite high tungsten prices and strategic initiatives as key growth drivers.

2 Analyst Rating

Wall Street analysts forecast ALM stock price to fall

2 Buy

0 Hold

0 Sell

Moderate Buy

Current: 21.290

Low

Averages

High

Current: 21.290

Low

Averages

High

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.

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ALM Should I Buy

ALM Should I Buy

Should You Buy Almonty Industries Inc (ALM) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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