Almonty Industries Inc. (ALM)

NASDAQ: ALM · Real-Time Price · USD
6.89
-1.01 (-12.78%)
Dec 9, 2025, 10:58 AM EST - Market open
-12.78%
Market Cap1.86B
Revenue (ttm)21.59M
Net Income (ttm)-46.70M
Shares Out 231.44M
EPS (ttm)-0.24
PE Ration/a
Forward PE53.60
Dividendn/a
Ex-Dividend Daten/a
Volume5,540,312
Open6.84
Previous Close7.90
Day's Range6.60 - 7.00
52-Week Range0.89 - 10.68
Beta1.49
AnalystsStrong Buy
Price Target12.00 (+74.17%)
Earnings DateNov 3, 2025

About ALM

Almonty Industries Inc. engages in mining, processing, and shipping of tungsten concentrate. The company explores for tin and tungsten deposits. It holds a portfolio of projects and mines located in Spain, Portugal, and Republic of Korea. Almonty Industries Inc. is headquartered in Toronto, Canada. [Read more]

Sector Materials
CEO M. Black
Employees 403
Stock Exchange NASDAQ
Ticker Symbol ALM
Full Company Profile

Financial Performance

In 2024, Almonty Industries's revenue was 28.84 million, an increase of 28.10% compared to the previous year's 22.51 million. Losses were -16.30 million, 84.4% more than in 2023.

Financial numbers in CAD Financial Statements

Analyst Summary

According to 2 analysts, the average rating for ALM stock is "Strong Buy." The 12-month stock price target is $12.0, which is an increase of 74.17% from the latest price.

Price Target
$12.0
(74.17% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Toll Brothers Posts Mixed Q4 Results, Joins Almonty Industries And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

U.S. stock futures were mixed this morning, with the Dow futures gaining around 0.1% on Tuesday.

Other symbols: TOL
2 hours ago - Benzinga

Almonty Industries Inc. Announces Pricing of Upsized US$112,500,000 Underwritten Offering of Common Shares in the United States

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company“) (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1), a leading global producer of tungsten concentrate, announced today...

8 hours ago - Business Wire

Almonty Announces Launch of Public Offering of Common Shares in the United States

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company“) (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1), a leading global producer of tungsten concentrate, announced today...

17 hours ago - Business Wire

Almonty Appoints Decorated U.S. Army Brigadier General (Retired) Steven L. Allen as Chief Operating Officer

TORONTO--(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 the U.S. defense...

8 days ago - Business Wire

Almonty Industries expanding U.S. tungsten mining

Almonty Industries chairman and CEO Lewis Black discusses new tungsten mine in Montana amidst prices skyrocketing on ‘The Claman Countdown.'

9 days ago - Fox Business

Almonty Advances Intent to Become The Leading U.S. Integrated Tungsten Producer with Acquisition of Gentung Browns Lake Tungsten Project in Montana

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

22 days ago - Business Wire

Almonty Commences New Drilling Program at Panasqueira Mine

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company“) (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1), a leading global producer of tungsten, today announced the commenc...

5 weeks ago - Business Wire

Almonty Industries Reports Third Quarter 2025 Financial Results

TORONTO--(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 announced it...

5 weeks ago - Business Wire

Almonty to Acquire Strategic U.S. Tungsten Project in Beaverhead County, Montana

TORONTO--(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 announced...

5 weeks ago - Business Wire

Almonty Announces Filing of Preliminary Base Shelf Prospectus Available for 25-Month Period

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

6 weeks ago - Business Wire

Almonty Commences Legal Proceedings Against Pure Tungsten Inc. Resulting from False and Misleading Statements

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company”) (NASDAQ: ALM) (TSX: AII) (ASX: AII) (OTCQX: ALMTF) (Frankfurt: ALI1), a leading global producer of tungsten concentrate, ...

2 months ago - Business Wire

Almonty Announces Results of Special Meeting of Shareholders

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company“) (NASDAQ: ALM) (TSX: AII) (ASX: AII) (OTCQX: ALMTF) (Frankfurt: ALI1), a leading global producer of tungsten concentrate, ...

2 months ago - Business Wire

Almonty Industries Commences Large-Scale Drilling Program at Sangdong Molybdenum Project

TORONTO--(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 the U.S. defense...

2 months ago - Business Wire

Almonty Selected for 2025 TSX30™ in Recognition of Growth and Strategic Progress

TORONTO--(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 the U.S. defense...

3 months ago - Business Wire

Almonty Announces Delivery of Shareholder Meeting Materials to Vote on Proposed Currency Amendment for Convertible Equity Securities

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company”) (NASDAQ: ALM) (TSX: AII) (ASX: AII) (OTCQX: ALMTF) (Frankfurt: ALI1), a leading global producer of tungsten concentrate, ...

3 months ago - Business Wire

Almonty Industries Reports Second Quarter 2025 Financial Results

TORONTO--(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 announced...

4 months ago - Business Wire

Almonty Appoints Respected U.S.-Based Financial Executive Brian Fox as Chief Financial Officer

TORONTO--(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 the U.S. defense...

4 months ago - Business Wire

Almonty Announces Nasdaq Listing Concurrent with Pricing of US$90 Million Upsized, Oversubscribed Public Offering

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII) (ASX: AiiDA) (OTCQX: ALMTF) (Frankfurt: ALI1), a leading global producer of tungsten concentrate, announced to...

5 months ago - Business Wire

Almonty Announces Application to List on Nasdaq Capital Market Concurrent with Launch of U.S. Public Offering

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII) (ASX: AII) (OTCQX: ALMTF) (Frankfurt: ALI), a leading global producer of tungsten concentrate, is pleased to a...

5 months ago - Business Wire

Almonty Announces Filing of Updated NI 43-101 Technical Report for the Sangdong Mine and the Re-classification of its Material Mineral Properties

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII) (ASX: AII) (OTCQX: ALMTF) (Frankfurt: ALI), a leading global producer of tungsten concentrate, is pleased to a...

5 months ago - Business Wire

Almonty Industries Announces 1-for-1.5 Share Consolidation in Anticipation of Potential Nasdaq Listing

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company“) (TSX: AII) (ASX: AII) (OTCQX: ALMTF) (Frankfurt: ALI), a leading global producer of tungsten concentrate, is pleased to a...

5 months ago - Business Wire

Almonty Industries Joins S&P/TSX Global Mining Index

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (TSX: AII) (ASX: AII) (OTCQX: ALMTF) (Frankfurt: ALI) (“Almonty” or the “Company”), a leading global producer of tungsten concentrate, today announced...

5 months ago - Business Wire

Almonty Receives U.S. Congressional Recognition for Strategic Role in U.S. Critical Minerals Supply Chain

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (TSX: AII | ASX: AII | OTCQX: ALMTF | Frankfurt: ALI) ("Almonty" or the "Company"), a leading global producer of tungsten concentrate, today announced...

6 months ago - Business Wire

Almonty Industries Appoints U.S. National Security and Defense Logistics Leader Alan Estevez to the Board of Directors

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (TSX: AII) (ASX: AII) (OTCQX: ALMTF) (Frankfurt: ALI) (“Almonty” or the “Company”), a leading global producer of tungsten concentrate, is pleased to a...

6 months ago - Business Wire

Almonty Joins DARPA Funded Critical Minerals Forum

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (TSX: AII) (ASX: AII) (OTCQX: ALMTF) (Frankfurt: ALI) (“Almonty” or the “Company”), a leading global producer of tungsten concentrate, today announced...

7 months ago - Business Wire