FY2026 EPS Estimate for Almonty Industries Lifted by Analyst

Almonty Industries Inc. (NASDAQ:ALM) – Stock analysts at B. Riley upped their FY2026 earnings per share (EPS) estimates for Almonty Industries in a note issued to investors on Friday, September 19th. B. Riley analyst N. Giles now forecasts that the company will post earnings per share of $0.11 for the year, up from their previous forecast of $0.10. B. Riley also issued estimates for Almonty Industries’ FY2028 earnings at $0.72 EPS.

Almonty Industries (NASDAQ:ALM) last released its quarterly earnings data on Thursday, August 14th. The company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.04). Almonty Industries had a negative return on equity of 104.72% and a negative net margin of 366.52%.The firm had revenue of $5.20 million during the quarter, compared to analyst estimates of $5.30 million.

Separately, Cantor Fitzgerald started coverage on Almonty Industries in a research note on Wednesday, August 13th. They set an “overweight” rating and a $6.50 target price on the stock. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $6.50.

Almonty Industries Stock Up 2.2%

ALM stock opened at $5.07 on Monday. The company has a debt-to-equity ratio of 16.37, a quick ratio of 0.63 and a current ratio of 0.77. The stock has a market capitalization of $1.10 billion and a P/E ratio of -14.91. Almonty Industries has a fifty-two week low of $3.16 and a fifty-two week high of $5.50.

Almonty Industries Company Profile

Almonty Industries Inc is a producer of tungsten concentrate. The Company is currently mining, processing and shipping tungsten concentrate from its Panasqueira Mine in Portugal. Almonty Industries Inc is based in TORONTO.