Almonty Industries Inc. (ALM)

NASDAQ: ALM · Real-Time Price · USD
7.11
-0.32 (-4.31%)
Oct 29, 2025, 4:00 PM EDT - Market closed
-4.31%
Market Cap1.71B
Revenue (ttm)20.66M
Net Income (ttm)-75.93M
Shares Out 230.93M
EPS (ttm)-0.42
PE Ration/a
Forward PE80.06
Dividendn/a
Ex-Dividend Daten/a
Volume2,959,070
Open7.75
Previous Close7.43
Day's Range7.02 - 7.75
52-Week Range3.16 - 10.68
Betan/a
AnalystsStrong Buy
Price Target11.50 (+61.74%)
Earnings DateNov 20, 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]

Industry Other Precious Metals
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 $11.5, which is an increase of 61.74% from the latest price.

Price Target
$11.5
(61.74% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

1 day 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 days 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, ...

18 days 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 weeks 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...

5 weeks 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...

7 weeks 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, ...

7 weeks 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...

2 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...

3 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...

3 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...

4 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...

4 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...

4 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...

4 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...

5 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...

5 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...

5 months ago - Business Wire

Almonty Industries Reports First Quarter 2025 Financial Results

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, today announced...

5 months ago - Business Wire

Almonty Enters into Binding Offtake Agreement to Supply Tungsten Oxide Solely for U.S. Defense Applications

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 Announces Results of Annual General and Special Meeting of Shareholders

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, announces the r...

6 months ago - Business Wire

Almonty Industries to Participate in Planet MicroCap Showcase on April 23-24, 2025

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 Inc. Confirms No Impact from Recent U.S. Executive Order on Reciprocal Tariffs

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 c...

7 months ago - Business Wire

Almonty Industries Appoints General Gustave F. Perna to 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, today announced...

7 months ago - Business Wire

Almonty Industries Reports Fiscal Year 2024 Financial Results

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, today announced...

7 months ago - Business Wire

Almonty Industries Secures Strategic Partnership Agreement with American Defense International

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...

8 months ago - Business Wire