Diamond Equity Has Optimistic Outlook of ALM Q1 Earnings

Almonty Industries Inc. (NASDAQ:ALM) – Equities researchers at Diamond Equity lifted their Q1 2026 earnings estimates for Almonty Industries in a research report issued to clients and investors on Monday, February 9th. Diamond Equity analyst H. Diamond now forecasts that the company will earn $0.04 per share for the quarter, up from their previous forecast of $0.03. Diamond Equity also issued estimates for Almonty Industries’ Q2 2026 earnings at $0.05 EPS, Q3 2026 earnings at $0.07 EPS, Q4 2026 earnings at $0.07 EPS and FY2026 earnings at $0.23 EPS.

Several other research analysts have also weighed in on ALM. Oppenheimer lifted their price objective on Almonty Industries from $7.00 to $12.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 15th. Wall Street Zen raised Almonty Industries from a “sell” rating to a “hold” rating in a research note on Saturday, November 8th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Almonty Industries in a report on Monday, December 29th. Finally, DA Davidson increased their price target on Almonty Industries from $12.00 to $18.00 and gave the stock a “buy” rating in a report on Wednesday, February 4th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $12.17.

Almonty Industries Stock Down 4.5%

ALM stock opened at $14.16 on Tuesday. 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 $3.72 billion and a price-to-earnings ratio of -61.56. The firm has a fifty day moving average price of $9.60. Almonty Industries has a 12-month low of $3.16 and a 12-month high of $14.91.

Institutional Investors Weigh In On Almonty Industries

Hedge funds have recently added to or reduced their stakes in the company. Telemark Asset Management LLC purchased a new stake in shares of Almonty Industries in the 3rd quarter valued at about $7,839,000. Alyeska Investment Group L.P. purchased a new stake in shares of Almonty Industries during the third quarter valued at approximately $7,839,000. ArrowMark Colorado Holdings LLC bought a new stake in Almonty Industries in the 3rd quarter worth $7,807,000. Millennium Management LLC purchased a new position in shares of Almonty Industries in the third quarter valued at about $5,948,000. Finally, Goldman Sachs Group Inc. raised its stake in shares of Almonty Industries by 353.6% during the fourth quarter. Goldman Sachs Group Inc. now owns 847,359 shares of the company’s stock valued at $7,465,000 after acquiring an additional 660,553 shares during the last quarter.

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.