Diamond Equity Has Bearish Estimate for ALM FY2026 Earnings

Almonty Industries Inc. (NASDAQ:ALM) – Investment analysts at Diamond Equity decreased their FY2026 EPS estimates for Almonty Industries in a report issued on Friday, August 14th. Diamond Equity analyst H. Diamond now expects that the company will earn $0.39 per share for the year, down from their prior forecast of $0.55. The consensus estimate for Almonty Industries’ current full-year earnings is $0.48 per share.

Other analysts have also issued research reports about the stock. Weiss Ratings upgraded shares of Almonty Industries from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Wednesday, August 12th. DA Davidson boosted their price objective on shares of Almonty Industries from $25.00 to $33.00 and gave the company a “buy” rating in a research report on Friday, July 10th. Finally, Oppenheimer upped their target price on Almonty Industries from $22.00 to $25.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Almonty Industries presently has a consensus rating of “Buy” and a consensus price target of $27.00.

Almonty Industries Price Performance

Shares of NASDAQ:ALM opened at $15.60 on Wednesday. The firm has a 50 day moving average of $15.14 and a 200-day moving average of $16.91. The stock has a market capitalization of $4.49 billion and a PE ratio of 97.51. The company has a current ratio of 9.58, a quick ratio of 9.51 and a debt-to-equity ratio of 1.37. Almonty Industries has a 12 month low of $3.97 and a 12 month high of $24.41.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Banque Cantonale Vaudoise acquired a new stake in Almonty Industries during the 3rd quarter worth approximately $54,000. Van ECK Associates Corp bought a new stake in Almonty Industries during the 3rd quarter worth approximately $506,000. Mackenzie Financial Corp bought a new position in shares of Almonty Industries during the third quarter valued at $422,000. Sei Investments Co. acquired a new position in shares of Almonty Industries during the third quarter worth $2,563,000. Finally, Boston Partners bought a new stake in shares of Almonty Industries in the third quarter worth $771,000.

Key Almonty Industries News

Here are the key news stories impacting Almonty Industries this week:

• Positive Sentiment: Almonty announced a share-repurchase program of up to US$300 million, intended to capitalize on what management sees as a disconnect between the share price and the value of its strategic tungsten assets. The program could support per-share value and signals management confidence ahead of initial Sangdong revenue. Almonty Shares Rise on $300 Million Share Repurchase Program
• Positive Sentiment: Coverage highlighted the potential for significant growth as Sangdong ramps up. Almonty’s Panasqueira mine reportedly delivered a 498% year-over-year revenue increase and a 60.7% gross margin in the second quarter, demonstrating operating leverage before Sangdong makes a meaningful contribution. A 21-year offtake agreement with GTP covering 90% of Phase I Sangdong output also improves future revenue visibility. Almonty Industries: Panasqueira Has Already Proven The Sangdong Earnings Model
• Positive Sentiment: Commentary continues to position Almonty as a strategically important non-China tungsten supplier. Structural shortages and demand from defense and industrial customers could support tungsten prices and strengthen the investment case. Commodity Fever Rises Due to Structural Shortages
• Neutral Sentiment: The reported gap-up reflects strong momentum following the buyback announcement, but the technical move does not by itself change Almonty’s operating outlook. Almonty Industries Shares Gap Up
• Negative Sentiment: Diamond Equity lowered EPS estimates across late 2026 and 2027, including its FY2027 forecast from $1.23 to $1.04 and its Q3 2026 estimate from $0.18 to $0.12. These revisions raise concerns about the pace of near-term earnings growth, particularly with ALM trading at a high earnings multiple. Almonty Industries Analyst Estimates

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.