Almonty Industries (NASDAQ:ALM) Price Target Raised to $23.00

Almonty Industries (NASDAQ:ALM) had its target price boosted by B. Riley Financial from $17.00 to $23.00 in a report published on Friday,Benzinga reports. They currently have a buy rating on the stock.

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

Almonty Industries Stock Down 5.7%

Shares of Almonty Industries stock opened at $16.20 on Friday. Almonty Industries has a 1 year low of $3.16 and a 1 year high of $22.55. The company has a market cap of $4.54 billion and a P/E ratio of -27.93. 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 50-day moving average price of $14.67 and a 200 day moving average price of $9.72.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Huntleigh Advisors Inc. purchased a new stake in shares of Almonty Industries during the 3rd quarter worth about $661,000. BLB&B Advisors LLC acquired a new stake in shares of Almonty Industries during the 3rd quarter valued at about $298,000. General American Investors Co. Inc. bought a new stake in shares of Almonty Industries in the 3rd quarter valued at approximately $246,000. Old West Investment Management LLC bought a new stake in shares of Almonty Industries in the 3rd quarter valued at approximately $2,148,000. Finally, MCF Advisors LLC acquired a new position in Almonty Industries in the third quarter worth approximately $60,000.

Key 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).

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.