Almonty Industries Inc. (TSX: AII)

Canada flag Canada · Delayed Price · Currency is CAD
0.870
-0.010 (-1.14%)
Oct 22, 2024, 2:55 PM EDT
55.36%
Market Cap 224.99M
Revenue (ttm) 25.64M
Net Income (ttm) -10.60M
Shares Out 258.61M
EPS (ttm) -0.04
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 74,286
Open 0.870
Previous Close 0.880
Day's Range 0.850 - 0.880
52-Week Range 0.490 - 0.970
Beta 1.47
Analysts n/a
Price Target n/a
Earnings Date Nov 13, 2024

About Almonty Industries

Almonty Industries Inc. engages in mining, processing, and shipping of tungsten concentrate. It owns interests in the Los Santos mine located near Salamanca, Spain; the Panasqueira tin and tungsten mine situated in Covilha and Castelo Branco, Portugal; the Sangdong tungsten mine located in Gangwon Province, Republic of Korea; and the Valtreixal tin and tungsten project located in Zamora province, Western Spain. Almonty Industries Inc. is headquartered in Toronto, Canada. [Read more]

Sector Materials
CEO M. Black
Employees 403
Stock Exchange Toronto Stock Exchange
Ticker Symbol AII
Full Company Profile

Financial Performance

In 2023, Almonty Industries's revenue was 22.51 million, a decrease of -9.22% compared to the previous year's 24.80 million. Losses were -8.84 million, -39.01% less than in 2022.

Financial Statements

News

Almonty Completes Final Technical Review Prior To Processing Plant Equipment Installation at the Sangdong Mine

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. ("Almonty" or the "Company") (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI.F), is pleased to announce the successful completion of its pilot pl...

5 weeks ago - Business Wire

Global Geologists Visit Sangdong Mine during September, 2024 IGC Conference in South Korea

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. ("Almonty" or the "Company") (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI.F), is pleased to announce that, on September 2, 2024, renowned geol...

6 weeks ago - Business Wire

Almonty to Lead Global Supply Chain Re-entry of Tungsten in South Korea

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. ("Almonty" or the "Company") (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI.F), through its wholly-owned South Korean subsidiary, Almonty Korea ...

7 weeks ago - Business Wire

U.S. government researchers visit a Korean mine as the race against China for critical minerals heats up

The Sangdong Mine, owned by a subsidiary of Canada-based Almonty Industries, is set to resume operations this year.

2 months ago - CNBC

Almonty Announces the Filing of Its Q2-2024 Unaudited Condensed Interim Consolidated Financial Statements and MD&A for the Six Months Ended June 30, 2024 and $2,401,000 in Positive EBITDA From Mining Operations(1).

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) today announced the filing of its unaudited condensed interim conso...

2 months ago - Business Wire

Almonty to Receive 7th and Penultimate 8th Drawdowns from KfW IPEX-Bank for Ongoing Construction of the Sangdong Tungsten Mine

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. ("Almonty" or the "Company") (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI.F), through its wholly-owned South Korean subsidiary, Almonty Korea ...

3 months ago - Business Wire

Almonty secures MoU for location of Sangdong Downstream Tungsten Oxide plant

Almonty Industries' subsidiary signs MoU for Sangdong Downstream Tungsten Oxide plant in South Korea, investing $101M in construction and upgrades.

3 months ago - Seeking Alpha

Almonty signs MOU for location of Sangdong Downstream Tungsten Oxide Plant

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) is pleased to announce that its wholly-owned subsidiary, Almonty Ko...

3 months ago - Business Wire

Sandong Tungsten Mine Site Visit by Governor of Gangwon Special Self-Governing Province and County Mayor of Yeongwol

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) is pleased to announce that on the 3rd of July, 2024, Kim Jin-tae, ...

3 months ago - Business Wire

Almonty (the “Company”) Annual General and Special Meeting of Shareholders Report of Voting Results

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (TSX:AII) (ASX:AII) (OTCQX:ALMTF) (FWB:ALI): In accordance with Section 11.3 of National Instrument 51-102, Continuous Disclosure Obligations, the fol...

4 months ago - Business Wire

Almonty Receives Further and Final Commitments Under Previously Announced Placement; Manages Dundee Resources Limited's Divestment of Almonty Holding

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) is pleased to announce that in conjunction with its March 2024 Plac...

5 months ago - Business Wire

Almonty Announces the Filing of Its Q1-2024 Unaudited Condensed Interim Consolidated Financial Statements and MD&A for the Three Months Ended March 31, 2024 and $896K in Positive EBITDA From Mining Operations(1).

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) today announced the filing of its unaudited condensed interim conso...

5 months ago - Business Wire

Almonty Receives Further Commitments For A$1.9M Under Previously Announced Placement

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) is pleased to announce that following its March 2024 Placement, the...

5 months ago - Business Wire

Almonty Announces Proposed Extension of Share Purchase Warrants

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) announces that it plans to extend, in the aggregate, the term of 70...

5 months ago - Business Wire

Almonty Closes Additional Tranches of Private Placement

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) is pleased to announce that, further to its news release dated Marc...

6 months ago - Business Wire

Almonty Announces the Filing of Its Annual Audited Consolidated Financial Statements, MD&A and AIF for the Year Ended December 31, 2023 and $2.2M in Positive EBITDA From Mining Operations(1).

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) today announced the filing of its audited annual consolidated finan...

7 months ago - Business Wire

Almonty Industries Inc. - Placement of Common Share Units and CDI's raises C$1.47 million1 with Further Commitments of C$1.178 million for acceleration of Tungsten downstream planning and Molybdenum reserves conversion.

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) is pleased to announce that it has closed on a non-brokered private...

7 months ago - Business Wire

Almonty to receive the $13.7M sixth drawdown from KfW IPEX-Bank

Almonty Industries (ALMTF), through its wholly-owned subsidiary, Almonty Korea Tungsten has received a fully executed Utilization Request for $13.7M in conjunct

1 year ago - Seeking Alpha

Almonty to Receive the US$13.7 Million Sixth Drawdown from KfW IPEX-Bank

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. ("Almonty" or the "Company") (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI.F), through its wholly-owned South Korean subsidiary, Almonty Korea ...

1 year ago - Business Wire

Almonty Announces the Filing of Its Unaudited Interim Condensed Consolidated Financial Statements and MD&A for the Nine Months Ended September 30, 2023 and $1.74M in Positive EBITDA From Mining Operations(1)

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) today announced the filing of its unaudited interim condensed conso...

1 year ago - Business Wire

Almonty Placement of Common Share Units and CDI's raises C$500,000, US$733,333 and A$550,000

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) is pleased to announce that the Company has received firm commitmen...

1 year ago - Business Wire

Almonty Announces the Filing of Its Unaudited Interim Condensed Consolidated Financial Statements and MD&A for the Six Months Ended June 30, 2023 and $1.1M in Positive EBITDA From Mining Operations(1).

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) today announced the filing of its unaudited interim condensed conso...

1 year ago - Business Wire

Almonty Provides Sangdong Mine Construction Update

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI.F), is pleased to provide a construction progress update for its San...

1 year ago - Business Wire

Almonty Partners with Korea Telecom to Revolutionize Mine Safety While Also Demonstrating Commitment to ESG Compliance

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. ("Almonty" or the "Company") (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI.F), through its wholly-owned South Korean subsidiary, Almonty Korea ...

1 year ago - Business Wire

Construction Update at Sangdong Tungsten Mine

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. ("Almonty" or the "Company") (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI.F) is pleased to provide an update on the progress of its Sangdong T...

1 year ago - Business Wire