Almonty Industries’ (ALM) Buy Rating Reiterated at DA Davidson

DA Davidson reiterated their buy rating on shares of Almonty Industries (NASDAQ:ALM) in a report issued on Thursday,Benzinga reports. They currently have a $25.00 price target on the stock.

ALM has been the subject of a number of other reports. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Almonty Industries in a research report on Monday, December 29th. B. Riley Financial lifted their price target 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. Finally, Oppenheimer boosted their price objective on shares of Almonty Industries from $16.00 to $19.00 and gave the company an “outperform” rating in a research note on Friday, March 20th. Four investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Almonty Industries presently has a consensus rating of “Moderate Buy” and a consensus price target of $18.38.

Almonty Industries Trading Up 1.6%

Shares of ALM stock opened at $14.91 on Thursday. The firm has a market cap of $4.18 billion and a P/E ratio of -25.71. Almonty Industries has a 1-year low of $3.16 and a 1-year high of $22.55. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.89 and a quick ratio of 3.76. The firm’s 50-day simple moving average is $15.32 and its 200-day simple moving average is $10.07.

Hedge Funds Weigh In On Almonty Industries

Hedge funds have recently made changes to their positions in the business. Global Retirement Partners LLC acquired a new position in shares of Almonty Industries during the 4th quarter valued at $35,000. Rockefeller Capital Management L.P. increased its holdings in Almonty Industries by 30.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 4,333 shares of the company’s stock valued at $38,000 after purchasing an additional 1,000 shares in the last quarter. State of Wyoming purchased a new position in Almonty Industries in the fourth quarter valued at about $41,000. FNY Investment Advisers LLC purchased a new position in Almonty Industries in the third quarter valued at about $30,000. Finally, Banque Cantonale Vaudoise acquired a new position in shares of Almonty Industries during the third quarter worth about $54,000.

More Almonty Industries News

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

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.