Almonty Industries (NASDAQ:ALM) Price Target Raised to $19.00

Almonty Industries (NASDAQ:ALM) had its price target raised by Oppenheimer from $16.00 to $19.00 in a report released on Friday,Benzinga reports. Oppenheimer currently has an outperform rating on the stock.

A number of other equities research analysts also recently weighed in on ALM. B. Riley Financial lifted their price target on shares of Almonty Industries from $10.00 to $17.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. DA Davidson reaffirmed a “buy” rating and set a $25.00 price objective on shares of Almonty Industries in a report on Friday. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Almonty Industries in a research note on Monday, December 29th. Four analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Almonty Industries presently has a consensus rating of “Moderate Buy” and an average target price of $18.38.

Almonty Industries Stock Performance

ALM opened at $16.20 on Friday. The stock’s 50 day simple moving average is $14.67 and its 200-day simple moving average is $9.72. The company has a current ratio of 3.89, a quick ratio of 3.76 and a debt-to-equity ratio of 0.38. The stock has a market cap of $4.54 billion and a PE ratio of -27.93. Almonty Industries has a 1 year low of $3.16 and a 1 year high of $22.55.

Hedge Funds Weigh In On Almonty Industries

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ALM. Van ECK Associates Corp grew its stake in Almonty Industries by 13,294.7% during the fourth quarter. Van ECK Associates Corp now owns 11,239,482 shares of the company’s stock worth $99,013,000 after buying an additional 11,155,572 shares during the last quarter. Encompass Capital Advisors LLC bought a new position in shares of Almonty Industries in the fourth quarter valued at approximately $25,620,000. Next Century Growth Investors LLC acquired a new position in shares of Almonty Industries in the 4th quarter worth approximately $16,345,000. Telemark Asset Management LLC acquired a new position in shares of Almonty Industries in the 3rd quarter worth approximately $7,839,000. Finally, Alyeska Investment Group L.P. bought a new stake in Almonty Industries during the 3rd quarter worth approximately $7,839,000.

More Almonty Industries News

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).

Almonty Industries Company Profile

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.