Almonty Industries Inc. (ALM)

NASDAQ: ALM · Real-Time Price · USD
7.24
+0.04 (0.56%)
At close: Dec 5, 2025, 4:00 PM EST
7.20
-0.04 (-0.55%)
After-hours: Dec 5, 2025, 7:26 PM EST
0.56%
Market Cap 1.70B
Revenue (ttm) 21.59M
Net Income (ttm) -46.70M
Shares Out 235.25M
EPS (ttm) -0.24
PE Ratio n/a
Forward PE 56.39
Dividend n/a
Ex-Dividend Date n/a
Volume 1,480,363
Open 7.31
Previous Close 7.20
Day's Range 7.01 - 7.34
52-Week Range 0.89 - 10.68
Beta 1.49
Analysts Strong Buy
Price Target 12.00 (+65.75%)
Earnings Date Nov 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 Forecast

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 65.75% from the latest price.

Price Target
$12.0
(65.75% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

4 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.'

6 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...

18 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...

4 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...

4 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

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...

7 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...

7 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...

7 months ago - Business Wire