Almonty Industries (NASDAQ:ALM) Stock Price Target Lowered at Stifel Nicolaus

Almonty Industries (NASDAQ:ALM) had its target price decreased by Stifel Nicolaus from $21.00 to $18.00 in a research report sent to investors on Friday, Marketbeat reports. Stifel Nicolaus currently has a buy rating on the stock.

Several other brokerages also recently weighed in on ALM. B. Riley Financial cut their price target on Almonty Industries from $25.00 to $20.00 and set a “buy” rating on the stock in a research report on Tuesday, October 27th. Jefferies Financial Group began coverage on Almonty Industries in a report on Wednesday, September 2nd. They issued a “buy” rating and a $26.25 price objective for the company. Weiss Ratings upgraded Almonty Industries from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, September 25th. DA Davidson reaffirmed a “buy” rating and set a $33.00 target price on shares of Almonty Industries in a report on Tuesday, September 15th. Finally, The Goldman Sachs Group assumed coverage on Almonty Industries in a research report on Thursday, September 24th. They set a “hold” rating and a $13.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Almonty Industries has an average rating of “Moderate Buy” and a consensus price target of $22.54.

Almonty Industries Trading Up 7.7%

NASDAQ ALM opened at $8.22 on Friday. The company has a market capitalization of $2.37 billion, a PE ratio of 76.30 and a beta of 4.65. The company has a fifty day moving average of $11.61 and a 200 day moving average of $15.64. Almonty Industries has a 1 year low of $5.43 and a 1 year high of $24.41. The company has a debt-to-equity ratio of 1.37, a current ratio of 9.58 and a quick ratio of 9.51.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in ALM. Cooper Creek Partners Management LLC lifted its holdings in Almonty Industries by 110.4% during the first quarter. Cooper Creek Partners Management LLC now owns 4,781,415 shares of the company’s stock valued at $69,235,000 after purchasing an additional 2,508,478 shares in the last quarter. Voya Investment Management LLC increased its stake in shares of Almonty Industries by 9,667.6% during the third quarter. Voya Investment Management LLC now owns 2,043,568 shares of the company’s stock worth $26,893,000 after purchasing an additional 2,022,646 shares in the last quarter. Encompass Capital Advisors LLC increased its stake in shares of Almonty Industries by 47.9% during the first quarter. Encompass Capital Advisors LLC now owns 4,300,839 shares of the company’s stock worth $62,276,000 after purchasing an additional 1,392,806 shares in the last quarter. First Trust Advisors LP purchased a new stake in shares of Almonty Industries during the third quarter worth about $14,007,000. Finally, Walleye Capital LLC purchased a new stake in shares of Almonty Industries during the first quarter worth about $12,953,000.

Key Almonty Industries News

Here’s some of the latest news about ALM:

• Positive Sentiment: Third-quarter revenue reached about US$29.4 million (C$41.9 million), with gross profit of US$18.3 million. The company also reported US$7.3 million in operating cash flow and US$806.8 million in cash. Sangdong’s production ramp is an important potential growth driver. Almonty Industries Reports Third Quarter 2026 Financial Results
• Neutral Sentiment: Analyst reports conflict on the earnings comparison: one says ALM’s $0.12 per share beat the $0.07 consensus, while Zacks says quarterly earnings were $0.03 and missed that estimate. Investors may want to review the company’s reported figures and the differing calculations. Almonty Industries Misses Q3 Earnings and Revenue Estimates
• Negative Sentiment: Despite higher revenue, Almonty recorded a US$1.2 million operating loss and spent US$17.4 million on property, plant and equipment, highlighting execution costs as it invests in growth. Almonty Industries Q3 2026 earnings

Almonty Industries Company Profile

Almonty Industries Inc. is a mining company focused on tungsten, a metal used in applications such as cutting tools, industrial machinery, electronics and defense. The company produces tungsten concentrate and develops and operates tungsten mining assets. Its portfolio includes the Panasqueira mine in Portugal and the Los Santos mine in Spain, as well as the Sangdong tungsten project in South Korea. Almonty’s activities span Europe and Asia, with Sangdong representing a major project in the company’s effort to expand tungsten supply outside China.