
Almonty Industries Inc. (NASDAQ:ALM – Free Report) – Diamond Equity issued their FY2027 earnings per share (EPS) estimates for Almonty Industries in a report issued on Wednesday, March 25th. Diamond Equity analyst H. Diamond expects that the company will post earnings per share of $1.03 for the year.
Several other research firms have also commented on ALM. Oppenheimer lifted their price target on Almonty Industries from $16.00 to $19.00 and gave the stock an “outperform” rating in a report on Friday, March 20th. Weiss Ratings reissued a “sell (e+)” rating on shares of Almonty Industries in a report on Monday, December 29th. B. Riley Financial lifted their target price on shares of Almonty Industries from $17.00 to $23.00 and gave the stock a “buy” rating in a research note on Friday, March 20th. Finally, DA Davidson reiterated a “buy” rating and issued a $25.00 target price on shares of Almonty Industries in a report on Thursday. Four research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $18.38.
Almonty Industries Stock Up 1.6%
Shares of NASDAQ:ALM opened at $14.91 on Friday. The company has a quick ratio of 3.76, a current ratio of 3.89 and a debt-to-equity ratio of 0.38. The business has a fifty day moving average of $15.32 and a two-hundred day moving average of $10.07. The stock has a market cap of $4.18 billion and a P/E ratio of -25.71. Almonty Industries has a 52-week low of $3.16 and a 52-week high of $22.55.
Institutional Trading of Almonty Industries
Several institutional investors and hedge funds have recently bought and sold shares of the stock. FNY Investment Advisers LLC purchased a new stake in Almonty Industries in the third quarter valued at approximately $30,000. Global Retirement Partners LLC purchased a new position in shares of Almonty Industries during the fourth quarter worth $35,000. Rockefeller Capital Management L.P. boosted its position in shares of Almonty Industries by 30.0% during the fourth quarter. Rockefeller Capital Management L.P. now owns 4,333 shares of the company’s stock worth $38,000 after buying an additional 1,000 shares during the period. State of Wyoming acquired a new stake in shares of Almonty Industries in the fourth quarter valued at $41,000. Finally, Banque Cantonale Vaudoise acquired a new stake in shares of Almonty Industries in the third quarter valued at $54,000.
Trending Headlines about Almonty Industries
Here are the key news stories impacting Almonty Industries this week:
- Positive Sentiment: Diamond Equity raised several near‑term and FY estimates (notably boosting FY2026 EPS to $0.45 from $0.23 and lifting Q2–Q4 2026 & many 2027 quarterly forecasts), signaling stronger expected earnings ahead. MarketBeat Report
- Positive Sentiment: DA Davidson reaffirmed a Buy rating on ALM, providing additional institutional support for the stock. DA Davidson Reaffirms Buy
- Neutral Sentiment: Diamond Equity published detailed quarterly EPS projections through 2027 (Q1–Q4 2026 and Q1–Q4 2027), which give investors a clearer cadence for expected earnings delivery but are forward guidance rather than confirmed results. MarketBeat Forecasts
- Negative Sentiment: Diamond Equity reduced its Q1 2026 estimate to $0.00 from $0.04, indicating a near‑term earnings soft patch that could pressure results if realized. MarketBeat Adjustment
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.
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