Diamond Equity Issues Positive Outlook for ALM Earnings

Almonty Industries Inc. (NASDAQ:ALM) – Investment analysts at Diamond Equity increased their Q1 2026 EPS estimates for Almonty Industries in a research note issued to investors on Tuesday, November 4th. Diamond Equity analyst H. Diamond now expects that the company will post earnings per share of $0.03 for the quarter, up from their previous estimate of $0.02. Diamond Equity also issued estimates for Almonty Industries’ Q2 2026 earnings at $0.04 EPS, Q3 2026 earnings at $0.04 EPS, Q4 2026 earnings at $0.05 EPS and FY2026 earnings at $0.16 EPS.

Almonty Industries (NASDAQ:ALM) last posted its quarterly earnings results on Thursday, August 14th. The company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.04). The company had revenue of $5.20 million during the quarter, compared to analysts’ expectations of $5.30 million. Almonty Industries had a negative return on equity of 104.72% and a negative net margin of 366.52%.

A number of other analysts have also commented on ALM. DA Davidson reissued a “buy” rating and issued a $11.00 target price on shares of Almonty Industries in a report on Tuesday, October 28th. Oppenheimer increased their price objective on Almonty Industries from $7.00 to $12.00 and gave the company an “outperform” rating in a research report on Wednesday, October 15th. Cantor Fitzgerald started coverage on Almonty Industries in a research report on Wednesday, August 13th. They issued an “overweight” rating and a $6.50 target price for the company. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Almonty Industries in a research note on Wednesday, October 8th. Three investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $9.83.

Almonty Industries Stock Up 5.5%

Shares of NASDAQ ALM traded up $0.35 during midday trading on Friday, hitting $6.76. The stock had a trading volume of 719,113 shares, compared to its average volume of 1,801,924. The stock has a market cap of $1.52 billion and a P/E ratio of -19.88. Almonty Industries has a 52 week low of $3.16 and a 52 week high of $10.68. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 16.37. The firm’s 50 day moving average is $6.28.

Institutional Trading of Almonty Industries

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Old West Investment Management LLC bought a new position in Almonty Industries in the third quarter worth approximately $2,148,000. Huntleigh Advisors Inc. purchased a new stake in shares of Almonty Industries in the 3rd quarter worth $661,000. Baader Bank Aktiengesellschaft bought a new position in Almonty Industries in the 3rd quarter worth $580,000. Verde Servicos Internacionais S.A. purchased a new position in Almonty Industries during the third quarter valued at $422,000. Finally, BLB&B Advisors LLC bought a new stake in Almonty Industries during the third quarter valued at about $298,000.

Almonty Industries Company Profile

Almonty Industries Inc is a producer of tungsten concentrate. The Company is currently mining, processing and shipping tungsten concentrate from its Panasqueira Mine in Portugal. Almonty Industries Inc is based in TORONTO.