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Almonty Industries Inc. (ALM)

Basic Materials | Other Industrial Metals & Mining | Dillon, United States | NasdaqCM
15.79 USD +0.77 (5.162%) ⇧ (July 14, 2026, 4 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 6:20 a.m. EDT

The investment case for Almonty is currently bifurcated between a compelling short-term catalyst and a precarious long-term financial reality. On the short end, the company is riding a massive wave of speculative optimism driven by the strategic importance of its tungsten assets for Western defense contractors like Sandvik and Rheinmetall. The recent inclusion in major indices and the operational milestone of the Sangdong mine turning ore into saleable product have triggered a frenzy of call buying, pushing the stock toward a potential 50% upside in the coming months. However, this momentum is built on a foundation of severe financial distress. The company is burning cash aggressively, reporting negative free cash flow and negative operating cash flow, while carrying a debt load that dwarfs its equity base. Despite the 'strong buy' analyst consensus, the fundamentals reveal a business that is currently insolvent on a cash-flow basis. The long-term rating remains neutral because the multi-year price trajectory, while historically strong, masks the current inability to generate capital without dilution or heavy financing. Investors are betting on a turnaround story fueled by commodity supercycles and geopolitical demand, but the balance sheet is fragile, and the lack of dividends offers no cushion against further operational hiccups.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.108588
MSTL0.108800
AutoETS0.112099
AutoTheta0.115447

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 38%
H-stat 5.53
Ljung-Box p 0.000
Jarque-Bera p 0.346
Excess Kurtosis -1.06
Attribute Value
Sector Basic Materials
Ex Dividend Date 2014-08-24
Last Dividend Date 2014-08-24
Debt to Equity Ratio 46.33
Revenue per Share 0.216
Market Cap 4,480,283,648
Forward P/E 11.33
Beta 2.05
Profit Margins -265.08%
Website https://almonty.com

As of July 11, 2026, 6:20 a.m. EDT: Speculators are heavily positioning for a significant upside move, evidenced by massive open interest and volume in out-of-the-money calls at strikes of $20 and $25, particularly for November 2026 expiration. This bullish sentiment contrasts sharply with put activity, which is concentrated in lower strikes ($7.50-$15.00) and shows significantly less volume and open interest than the call side. The implied volatility skew is elevated, reflecting uncertainty, but the directional bias in option flow is distinctly bullish.


Dividend Data

Dividend History
Date Dividend Yield %
2014-08-25 0.0375 2.873563
Additional Data
exDividendDate 2014-08-25
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
lastDividendValue 0.0375
lastDividendDate 2014-08-25

Info Dump

Attribute Value
52 Week Change 2.0768442
Address1 8 S Idaho St
Address2 Suite A
All Time High 24.41
All Time Low 0.19125
Ask 17.12
Ask Size 2
Audit Risk 10
Average Analyst Rating 1.2 - Strong Buy
Average Daily Volume10 Day 5,958,370
Average Daily Volume3 Month 5,417,332
Average Volume 5,417,332
Average Volume10Days 5,958,370
Beta 2.051
Bid 14.81
Bid Size 2
Board Risk 10
Book Value 0.89094675
City Dillon
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 10
Country United States
Crypto Tradeable 0
Currency USD
Current Price 15.79
Current Ratio 2.447
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 16.125
Day Low 15.61
Debt To Equity 46.33
Display Name Almonty Industries
Earnings Timestamp End 1,786,132,800
Earnings Timestamp Start 1,786,132,800
Ebitda -22,844,000
Ebitda Margins -0.45683
Enterprise To Ebitda -191.988
Enterprise To Revenue 87.705
Enterprise Value 4,385,762,816
Eps Current Year 0.13
Eps Forward 1.3939873
Eps Trailing Twelve Months -0.47
Esg Populated 0
Ex Dividend Date 1,408,924,800
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 416 628 2516
Fifty Day Average 18.1394
Fifty Day Average Change -2.3494005
Fifty Day Average Change Percent -0.1295192
Fifty Two Week Change Percent 207.68442
Fifty Two Week High 24.41
Fifty Two Week High Change -8.62
Fifty Two Week High Change Percent -0.35313395
Fifty Two Week Low 3.16
Fifty Two Week Low Change 12.63
Fifty Two Week Low Change Percent 3.9968355
Fifty Two Week Range 3.16 - 24.41
Financial Currency CAD
First Trade Date Milliseconds 1,371,475,800,000
Float Shares 230,809,807
Forward Eps 1.3939873
Forward P E 11.327219
Free Cashflow -59,577,876
Full Exchange Name NasdaqCM
Full Time Employees 341
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.31278
Gross Profits 15,641,000
Has Pre Post Market Data 1
Held Percent Insiders 0.22697
Held Percent Institutions 0.38689
Implied Shares Outstanding 283,741,849
Industry Other Industrial Metals & Mining
Industry Disp Other Industrial Metals & Mining
Industry Key other-industrial-metals-mining
Ipo Expected Date 2,025-07-14
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,408,924,800
Last Dividend Value 0.0375
Last Fiscal Year End 1,767,139,200
Last Split Date 1,751,932,800
Last Split Factor 2:3
Long Business Summary Almonty Industries Inc. engages in mining, processing, and shipping of tungsten concentrates. The company explores for tin and tungsten deposits. It holds 100% interests in the Canada, Korea, Portugal, Spain, and the United States projects and mines. The company is headquartered in Dillon, Montana.
Long Name Almonty Industries Inc.
Market us_market
Market Cap 4,480,283,648
Market State PRE
Max Age 86,400
Message Board Id finmb_20757819
Most Recent Quarter 1,774,915,200
Net Income To Common -132,555,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 4,245,035,480
Number Of Analyst Opinions 7
Open 15.9
Operating Cashflow -5,057,000
Operating Margins 0.08831
Overall Risk 10
Payout Ratio 0.0
Phone 647 438 9766
Pre Market Change -0.0068998337
Pre Market Change Percent -0.04369749
Pre Market Price 15.7831
Pre Market Time 1,784,112,157
Previous Close 15.015
Price Eps Current Year 121.46154
Price Hint 2
Price To Book 17.722721
Price To Sales Trailing12 Months 89.594925
Profit Margins -2.65078
Quick Ratio 2.328
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.22222
Region US
Regular Market Change 0.7749996
Regular Market Change Percent 5.1615024
Regular Market Day High 16.125
Regular Market Day Low 15.61
Regular Market Day Range 15.61 - 16.125
Regular Market Open 15.9
Regular Market Previous Close 15.015
Regular Market Price 15.79
Regular Market Time 1,784,059,201
Regular Market Volume 5,017,459
Return On Assets -0.03313
Return On Equity -0.70704
Revenue Growth 2.212
Revenue Per Share 0.216
Sand P52 Week Change 0.20365608
Sector Basic Materials
Sector Disp Basic Materials
Sector Key basic-materials
Share Holder Rights Risk 5
Shares Outstanding 283,741,849
Shares Percent Shares Out 0.0482
Shares Short 8,885,144
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 4,172,109
Short Name Almonty Industries Inc.
Short Ratio 2.24
Source Interval 15
State MT
Symbol ALM
Target High Price 33.23901
Target Low Price 20.297325
Target Mean Price 25.00726
Target Median Price 24.580177
Total Cash 259,852,992
Total Cash Per Share 0.916
Total Debt 165,332,000
Total Revenue 50,006,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.47
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 13.39765
Two Hundred Day Average Change 2.3923502
Two Hundred Day Average Change Percent 0.17856492
Type Disp Equity
Volume 5,017,459
Website https://almonty.com
Zip 59,725