Almonty Industries (NASDAQ:ALM) Shares Gap Up on Analyst Upgrade

Almonty Industries Inc. (NASDAQ:ALM)’s stock price gapped up prior to trading on Friday after B. Riley Financial raised their price target on the stock from $17.00 to $23.00. The stock had previously closed at $17.18, but opened at $17.76. B. Riley Financial currently has a buy rating on the stock. Almonty Industries shares last traded at $17.3810, with a volume of 1,092,852 shares changing hands.

A number of other equities analysts have also recently issued reports on the company. DA Davidson restated a “buy” rating and set a $25.00 target price on shares of Almonty Industries in a report on Friday. Weiss Ratings reiterated a “sell (e+)” rating on shares of Almonty Industries in a research report on Monday, December 29th. Finally, Oppenheimer lifted their price objective on shares of Almonty Industries from $16.00 to $19.00 and gave the stock an “outperform” rating in a research note on Friday. Four analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $18.38.

Almonty Industries News Summary

Here are the key news stories impacting Almonty Industries this week:

• Positive Sentiment: Sangdong mine back in production after 30 years — Almonty restarted high‑grade tungsten mining at the Sangdong site in South Korea, a key supply-side catalyst that moves the company from development to active mining and supports future concentrate volumes. Almonty’s high-grade South Korea tungsten mine resumes after 30 years
• Positive Sentiment: First ore delivered & rising tungsten prices — Company announced first ore delivered to the Sangdong ROM pad and Business Wire/Financial Post noted a sharp rise in tungsten (APT) pricing (TTM APT up ~534% YoY to ~US$2,250/MTU), which should materially improve revenue and margins as production ramps. Almonty Industries Reports Fourth Quarter and Full Year 2025 Financial Results
• Positive Sentiment: Multiple analyst upgrades and higher price targets — B. Riley raised its target to $23 (buy), Oppenheimer raised to $19 (outperform) and DA Davidson reaffirmed buy with a $25 target; these upgrades signal analyst confidence in upside as production and pricing improve. B. Riley raises price target for Almonty Analyst coverage (Benzinga)
• Neutral Sentiment: Loan amendments announced for the US$75.1M Korea Tungsten loan — Almonty disclosed a series of amendments (details in the company announcement); such restructurings can provide financing flexibility but the net impact depends on terms. Almonty Industries Reports Series of Amendments to US$75.1 Million Korea Tungsten Loan
• Neutral Sentiment: Short‑interest reporting appears unreliable — recent short‑interest posts show zeros/NaN and an implausible days‑to‑cover of 0.0 days; treat these data points cautiously until clarified by exchanges or the company.
• Negative Sentiment: Quarterly earnings missed expectations — Almonty reported EPS of ($0.43) vs consensus ($0.01) and revenue below estimates (reported ~$6.25M vs est ~$10.13M), with very negative margins. This miss likely pressured the stock near term despite operational progress (source: earnings release/market summary).

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Global Retirement Partners LLC bought a new stake in shares of Almonty Industries in the fourth quarter worth about $35,000. Rockefeller Capital Management L.P. lifted its holdings in shares of Almonty Industries by 30.0% during the 4th quarter. Rockefeller Capital Management L.P. now owns 4,333 shares of the company’s stock valued at $38,000 after purchasing an additional 1,000 shares in the last quarter. State of Wyoming bought a new position in shares of Almonty Industries during the 4th quarter valued at about $41,000. FNY Investment Advisers LLC acquired a new position in shares of Almonty Industries in the 3rd quarter valued at approximately $30,000. Finally, Banque Cantonale Vaudoise acquired a new position in shares of Almonty Industries in the 3rd quarter valued at approximately $54,000.

Almonty Industries Trading Down 5.7%

The business has a 50 day moving average of $14.67 and a 200-day moving average of $9.68. The company has a current ratio of 2.38, a quick ratio of 2.25 and a debt-to-equity ratio of 1.02. The firm has a market capitalization of $4.54 billion and a P/E ratio of -27.93.

About Almonty Industries

Almonty Industries is a Canada-based mining company focused on the production, development and acquisition of tungsten assets. The company’s principal business activity is the mining and processing of tungsten-bearing ore to produce tungsten concentrates for industrial customers. Almonty pursues both operating mines and advanced-stage development projects with the objective of supplying a critical raw material used in hardmetals, tooling, drilling and other industrial applications.

Almonty’s asset footprint has historically included operating and development projects in Europe and Asia.