Q1 EPS Estimate for Almonty Industries Boosted by Analyst

Almonty Industries Inc. (NASDAQ:ALM) – Diamond Equity raised their Q1 2026 EPS estimates for Almonty Industries in a report issued on Monday, February 9th. Diamond Equity analyst H. Diamond now anticipates that the company will post earnings per share of $0.04 for the quarter, up from their prior 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.

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

Almonty Industries Trading Up 0.1%

Shares of ALM opened at $14.18 on Tuesday. Almonty Industries has a twelve month low of $3.16 and a twelve month high of $14.91. The stock has a market cap of $3.73 billion and a price-to-earnings ratio of -61.65. The company has a quick ratio of 2.25, a current ratio of 2.38 and a debt-to-equity ratio of 1.02. The business has a fifty day moving average price of $9.75.

Institutional Investors Weigh In On Almonty Industries

A number of institutional investors have recently modified their holdings of the business. FNY Investment Advisers LLC acquired a new stake in Almonty Industries during the third quarter worth about $30,000. Global Retirement Partners LLC bought a new position in shares of Almonty Industries during the fourth quarter valued at approximately $35,000. State of Wyoming acquired a new stake in shares of Almonty Industries during the 4th quarter worth approximately $41,000. Banque Cantonale Vaudoise acquired a new stake in shares of Almonty Industries during the 3rd quarter worth approximately $54,000. Finally, MCF Advisors LLC bought a new stake in shares of Almonty Industries in the 3rd quarter worth approximately $60,000.

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.