Almonty Industries Inc. (ALM)

NASDAQ: ALM · Real-Time Price · USD
19.96
-0.69 (-3.34%)
At close: Jun 3, 2026, 4:00 PM EDT
19.74
-0.22 (-1.10%)
Pre-market: Jun 4, 2026, 6:51 AM EDT
Market Cap5.69B +1,049.8%
Revenue (ttm)35.82M +72.9%
Net Income-94.96M
EPS-0.46
Shares Out 278.43M
PE Ration/a
Forward PE33.83
Dividendn/a
Ex-Dividend Daten/a
Volume2,196,716
Open20.39
Previous Close20.65
Day's Range19.82 - 21.00
52-Week Range3.16 - 24.41
Beta2.03
AnalystsStrong Buy
Price Target23.88 (+19.64%)
Earnings DateMay 11, 2026

About ALM

Almonty Industries Inc. engages in mining, processing, and shipping of tungsten concentrates. The company explores for tin and tungsten deposits. It holds 100% interests in the Canada, Korea, Portugal, Spain, and the United States projects and mines. The company is headquartered in Dillon, Montana.

Sector Materials
CEO M. Black
Employees 341
Stock Exchange NASDAQ
Ticker Symbol ALM
Full Company Profile

Financial Performance

In 2025, Almonty Industries's revenue was 32.51 million, an increase of 12.75% compared to the previous year's 28.84 million. Losses were -161.91 million, 893.5% more than in 2024.

Financial numbers in CAD Financial Statements

Analyst Summary

According to 9 analysts, the average rating for ALM stock is "Strong Buy." The 12-month stock price target is $23.88, which is an increase of 19.64% from the latest price.

Price Target
$23.88
(19.64% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Almonty price target raised to $25 from $22 at Oppenheimer

Oppenheimer analyst Ian Zaffino raised the firm’s price target on Almonty (ALM) to $25 from $22 and keeps an Outperform rating on the shares. Management was upbeat and discussed the…

23 hours ago - TheFly

China, tungsten and a supply shock in metal critical for war that will last far beyond Iran conflict

Simultaneous wars in Ukraine and Iran have depleted sources of tungsten, a largely obscure metal that is used in war machinery, but also more mundane machinery like drill bits and industrial equipment...

23 hours ago - CNBC

Almonty CEO: World's Most Advanced Tungsten Mine

Join us for an exclusive deep dive with Lewis Black, President and CEO of Almonty Industries Inc. (TSX: AII / NASDAQ: ALM), as he takes you inside the stunning completion of the Sangdong tungsten m...

2 days ago - Finanz Nachrichten

Almonty reminds shareholders vote for transformation into tungsten producer

Almonty (ALM) Industries “reminds shareholders to support the Company’s ongoing transformation into a leading global tungsten producer by submitting their votes in advance of the Company’s annual gene...

2 days ago - TheFly

Almonty Reminds Shareholders to Vote to Support Continued Transformation into a Leading Tungsten Producer

DILLON, Mont.--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company”) (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1), a leading global producer of tungsten critical to U.S. defen...

2 days ago - Business Wire

Almonty Industries Set for Russell 1000 Inclusion

Almonty Industries Set for Russell 1000 Inclusion

6 days ago - GuruFocus

Almonty Industries Set for Inclusion in Key Russell Indices

Almonty Industries Set for Inclusion in Key Russell Indices

6 days ago - GuruFocus

Almonty Industries (ALM) Set for Russell Index Inclusion in 2026

Almonty Industries (ALM) Set for Russell Index Inclusion in 2026

6 days ago - GuruFocus

Almonty set to join Russell 1000 Index, Russell 3000 Index

Almonty (ALM) Industries announced that it is set to join the Large-Cap Russell 1000 Index, as well as the Broad-Market Russell 3000 Index, at the conclusion of the 2026 Russell…

6 days ago - TheFly

Almonty Industries Set to Join Large-Cap Russell 1000® Index and Broad-Market Russell 3000® Index

DILLON, Mont.--(BUSINESS WIRE)--Almonty Industries Inc. (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1), a leading global producer of tungsten concentrate, today announced that it is set to join...

6 days ago - Business Wire

Almonty Industries Set to Join Large-Cap Russell 1000 Index and Broad-Market Russell 3000 Index

Almonty Industries Inc. (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1), a leading global producer of tungsten concentrate, today announced that it is set to join the Large-Cap Russell 1000 Inde...

6 days ago - Wallstreet:Online

Almonty Industries CEO: Tungsten is critical for defense and semiconductors

Lewis Black, Chairman and CEO of Almonty Industries, discusses tungsten supply chains, China’s dominance, semiconductor demand, defense applications and how AI growth is boosting the tungsten market.

7 days ago - CNBC

Almonty Industries (ALM) Sees Significant Borrow Rate Increase

Almonty Industries (ALM) Sees Significant Borrow Rate Increase

14 days ago - GuruFocus

Almonty Industries Transcript: 19th IIF – International Investment Forum Conference

Multiple gold and base metal projects are advancing with new drilling, resource expansion, and royalty growth. A major tungsten mine is now operational, with ramp-up to full production expected by Q3, supporting a strong financial outlook and a shift toward a royalty-focused model.

14 days ago - Transcripts

ALMONTY INDUSTRIES - The Largest Western Tungsten Supplier

The days of smooth commodity flows are over. Tariff barriers, export bans, and targeted supply restrictions on critical metals are shifting from the exception to the structural norm. For investors,...

15 days ago - Finanz Nachrichten

Almonty (ALM) Turns Cash-Flow Positive as Sangdong Enters Commissioning

Almonty Industries (ALM) delivered the clearest sign yet in Q1 2026 that its story is shifting from mine development to... The post Almonty (ALM) Turns Cash-Flow Positive as Sangdong Enters Commission...

20 days ago - AlphaStreet

Almonty Industries Inc at Bank of America Global Metals, Mining and Steel Conference Transcript

Almonty Industries Inc at Bank of America Global Metals, Mining and Steel Conference Transcript

21 days ago - GuruFocus

Almonty Industries Transcript: Bank of America Global Metals, Mining and Steel Conference 2026

Tungsten prices have soared due to Chinese supply constraints, subsidy removal, and export controls, while Western supply faces bureaucratic hurdles. Demand is shifting toward defense and technology sectors, with substitution unlikely. Strategic focus is moving downstream, and recycling is set to grow.

21 days ago - Transcripts

Diamond Equity Research Releases Update Note on Almonty Industries, Inc. (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1)

New York, May 13, 2026 (GLOBE NEWSWIRE) -- Diamond Equity Research, an equity research firm with a focus on small capitalization public companies has released an Update Note on Almonty Industries, Inc...

21 days ago - GlobeNewsWire

FMR LLC's Strategic Acquisition of Almonty Industries Inc Shares

FMR LLC's Strategic Acquisition of Almonty Industries Inc Shares

22 days ago - GuruFocus

Almonty price target raised to $26.25 from $19.25 at Alliance Global

Alliance Global analyst Jake Sekelsky raised the firm’s price target on Almonty (ALM) to $26.25 from $19.25 and keeps a Buy rating on the shares. The company’s cornerstone Sangdong tungsten…

22 days ago - TheFly

Almonty Industries (ALM) Reports Q1 Earnings, Revenue Surges Past Expectations

Almonty Industries (ALM) Reports Q1 Earnings, Revenue Surges Past Expectations

23 days ago - GuruFocus

Almonty Industries Reports First Quarter 2026 Financial Results

DILLON, Mont.--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company”) (Nasdaq: ALM; TSX: AII; ASX: AII; Frankfurt: ALI1), a leading global producer of tungsten concentrate, today announ...

23 days ago - Business Wire

An Exclusive Invitation and a Global Platform: Almonty’s CEO Welcomes Eligible Shareholders on a Journey to South Korea – and Prepares to Speak at BofA Securities and CMI Conferences

TORONTO — Almonty Industries Inc. (“Almonty” or the “Company”) (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1), the leading global producer of tungsten critical to U.S. defense and advanced tech...

23 days ago - Financial Post

An Exclusive Invitation and a Global Platform: Almonty's CEO Welcomes Eligible Shareholders on a Journey to South Korea – and Prepares to Speak at BofA Securities and CMI Conferences

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company”) (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1), the leading global producer of tungsten critical to U.S. defense a...

23 days ago - Business Wire