Almonty Industries Inc. (ALM)

NASDAQ: ALM · Real-Time Price · USD
14.10
+1.40 (11.02%)
At close: Feb 6, 2026, 4:00 PM EST
14.11
+0.01 (0.07%)
After-hours: Feb 6, 2026, 7:51 PM EST
11.02%
Market Cap3.94B
Revenue (ttm)21.59M +7.5%
Net Income-46.70M
EPS-0.24
Shares Out 231.44M
PE Ration/a
Forward PE82.07
Dividendn/a
Ex-Dividend Daten/a
Volume4,326,339
Open13.20
Previous Close12.70
Day's Range13.20 - 14.14
52-Week Range1.53 - 14.14
Beta1.49
AnalystsStrong Buy
Price Target15.00 (+6.38%)
Earnings DateMar 27, 2026

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 $15.0, which is an increase of 6.38% from the latest price.

Price Target
$15.0
(6.38% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Top 2 Materials Stocks That May Keep You Up At Night In February

As of Feb. 5, 2026, two stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: APD
3 days ago - Benzinga

Almonty Shareholder Letter

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 issued a letter to sh...

19 days ago - Business Wire

Almonty Appoints Veteran Financial Executive Guillaume Wiesenbach de Lamaziere, CFA as Chief Development 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, today announced the appoint...

4 weeks ago - Business Wire

Deutsche Rohstoff AG: Early Warning Report Filed Pursuant to National Instrument 62-103 – Change in Equity Interests Below 10% in Almonty Industries Inc.

MANNHEIM, Germany--(BUSINESS WIRE)--Deutsche Rohstoff AG announces that the percentage of common shares (the "Shares") of Almonty Industries Inc. (“Almonty”) (NASDAQ: ALM) (TSX: All) (ASX: All) benefi...

4 weeks ago - Business Wire

Almonty Begins Commercial Mining at Sangdong Tungsten 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 first t...

7 weeks ago - Business Wire

Almonty: Strategic Pivot To Western Defense Chains

Almonty Industries is uniquely positioned to benefit from Western supply chain shifts and regulatory bans impacting the global tungsten market. ALM's liquidity surged to $111.6M post-Nasdaq listing, e...

7 weeks ago - Seeking Alpha

Almonty Industries Inc. Announces Voluntary Withdrawal of Base Shelf Prospectus and Registration Statement

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...

7 weeks ago - Business Wire

Almonty Industries Inc. Announces Closing of Upsized US$129,375,000 Underwritten Offering of Common Shares in the United States Including Full Exercise of Over-Allotment Option

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...

2 months ago - Business Wire

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 months 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...

2 months 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...

2 months 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...

2 months 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.'

2 months 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...

2 months 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...

3 months 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...

3 months 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...

3 months 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...

3 months 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, ...

4 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, ...

4 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...

4 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...

5 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, ...

5 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...

6 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...

6 months ago - Business Wire