Almonty Industries (NASDAQ:ALM) Stock Price Down 7.5% – What’s Next?

Posted by Brenda Bartman on May 13th, 2026

Almonty Industries Inc. (NASDAQ:ALM – Get Free Report)’s stock price traded down 7.5% during mid-day trading on Wednesday . The company traded as low as $20.59 and last traded at $20.4590. 2,321,998 shares changed hands during trading, a decline of 56% from the average session volume of 5,300,798 shares. The stock had previously closed at $22.12.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on ALM shares. 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. Texas Capital raised Almonty Industries to a “strong-buy” rating in a report on Thursday, April 16th. DA Davidson restated a “buy” rating and issued a $25.00 price target on shares of Almonty Industries in a research note on Thursday, March 26th. Finally, B. Riley Financial boosted their price objective on shares of Almonty Industries from $17.00 to $23.00 and gave the company a “buy” rating in a report on Friday, March 20th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $18.38.

View Our Latest Report on Almonty Industries

Almonty Industries Stock Down 11.7%

The firm has a 50 day simple moving average of $19.15 and a two-hundred day simple moving average of $12.86. The stock has a market capitalization of $5.54 billion and a P/E ratio of -39.06. The company has a quick ratio of 3.76, a current ratio of 3.89 and a debt-to-equity ratio of 0.38.

Almonty Industries (NASDAQ:ALM – Get Free Report) last issued its earnings results on Monday, May 11th. The company reported $0.01 EPS for the quarter, hitting the consensus estimate of $0.01. The firm had revenue of $18.52 million during the quarter, compared to the consensus estimate of $15.44 million. Almonty Industries had a negative return on equity of 13.79% and a negative net margin of 262.29%. On average, equities research analysts expect that Almonty Industries Inc. will post 0.45 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Rockefeller Capital Management L.P. boosted its position in Almonty Industries by 30.0% during the 4th 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. Leonteq Securities AG acquired a new position in Almonty Industries in the 1st quarter valued at approximately $29,000. Serenus Wealth Advisors LLC raised its stake in shares of Almonty Industries by 11.0% during the fourth quarter. Serenus Wealth Advisors LLC now owns 22,200 shares of the company’s stock valued at $196,000 after acquiring an additional 2,200 shares during the last quarter. Global Retirement Partners LLC bought a new position in shares of Almonty Industries during the fourth quarter valued at $35,000. Finally, MCF Advisors LLC lifted its holdings in shares of Almonty Industries by 40.8% during the fourth quarter. MCF Advisors LLC now owns 14,084 shares of the company’s stock worth $124,000 after purchasing an additional 4,084 shares during the period.

Almonty Industries Company Profile

(Get Free Report)

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.