B. Riley Financial Forecasts Strong Price Appreciation for Almonty Industries (NASDAQ:ALM) Stock

Almonty Industries (NASDAQ:ALM) had its target price boosted by research analysts at B. Riley Financial from $17.00 to $23.00 in a research note issued on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. B. Riley Financial’s target price would indicate a potential upside of 41.98% from the stock’s current price.

ALM has been the topic of several other reports. Oppenheimer raised their price objective on Almonty Industries from $16.00 to $19.00 and gave the company an “outperform” rating in a research note on Friday. Weiss Ratings reiterated a “sell (e+)” rating on shares of Almonty Industries in a research note on Monday, December 29th. Finally, DA Davidson reiterated a “buy” rating and issued a $25.00 target price on shares of Almonty Industries in a report on Friday. Four research 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, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $18.38.

Almonty Industries Stock Down 5.7%

Shares of NASDAQ:ALM opened at $16.20 on Friday. The business’s 50 day moving average is $14.67 and its 200 day moving average is $9.68. Almonty Industries has a 12-month low of $3.16 and a 12-month high of $22.55. The stock has a market cap of $4.54 billion and a price-to-earnings ratio of -27.93. The company has a quick ratio of 2.25, a current ratio of 2.38 and a debt-to-equity ratio of 1.02.

Hedge Funds Weigh In On Almonty Industries

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Rockefeller Capital Management L.P. lifted its stake in Almonty Industries by 30.0% in the fourth 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 during the last quarter. Mackenzie Financial Corp grew its holdings in Almonty Industries by 59.1% during the fourth quarter. Mackenzie Financial Corp now owns 111,224 shares of the company’s stock valued at $982,000 after purchasing an additional 41,331 shares during the period. Quadrature Capital Ltd increased its position in Almonty Industries by 35.0% in the fourth quarter. Quadrature Capital Ltd now owns 108,069 shares of the company’s stock worth $952,000 after buying an additional 27,993 shares during the last quarter. Man Group plc purchased a new stake in Almonty Industries in the fourth quarter worth $1,510,000. Finally, Manatuck Hill Partners LLC bought a new stake in shares of Almonty Industries in the fourth quarter valued at $1,762,000.

Key Headlines Impacting Almonty Industries

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).

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.