ALM Stock Analysis: Almonty Industries Common | NASDAQ
Other Industrial Metals & Mining | NASDAQ, USA | Market Cap: 4.458m USD | 12M Return: 192.4% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 90.4M
Qual. Beats: 0
Rev. Trend: 98.1%
Warnings
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Almonty Industries Inc. (NASDAQ: ALM) is a U.S.-headquartered mining company that mines, processes, and ships tungsten concentrates, with additional exploration activity for tin and tungsten deposits. It holds 100% interests in operating mines and projects across Canada, Korea, Portugal, Spain, and the United States, giving it a geographically diversified asset base within the tungsten supply chain. The company is classified under the Materials sector (Diversified Metals & Mining sub-industry) and recently completed its IPO in July 2025, listing as a mid-cap stock with a market capitalization of approximately $5.0 billion.
As a pure-play tungsten producer, Almonty operates in the critical minerals segment of the mining industry. Tungsten is recognized for its strategic importance due to its use in high-strength steel, cutting tools, electronics, and defense applications, and the metal is classified as a critical raw material by several governments, including the United States and the European Union. The companys vertical integration from exploration through processing and shipping positions it across the full tungsten value chain.
- Sangdong mine production ramp drives tungsten output growth
- Tungsten prices surge on Chinese export restrictions and Western reshoring
- Defense sector demand supports premium tungsten offtake agreements
| Net Income: -132.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.13 > 0.02 and ΔFCF/TA 2.54 > 1.0 |
| NWC/Revenue: 338.9% < 20% (prev -62.35%; Δ 401.3% < -1%) |
| CFO/TA -0.01 > 3% & CFO -5.06m > Net Income -132.6m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 2.45 > 1.5 & < 3 |
| Outstanding Shares: last quarter (278.4m) vs 12m ago 51.15% < -2% |
| Gross Margin: 29.26% > 18% (prev 7.49%; Δ 21.78% > 0.5%) |
| Asset Turnover: 11.31% > 50% (prev 9.60%; Δ 1.71% > 0%) |
| Interest Coverage Ratio: -37.97 > 6 (EBIT TTM -126.1m / Interest Expense TTM 3.32m) |
| A: 0.28 (Total Current Assets 286.6m - Total Current Liabilities 117.1m) / Total Assets 605.6m |
| B: -0.47 (Retained Earnings -287.4m / Total Assets 605.6m) |
| C: -0.29 (EBIT TTM -126.1m / Avg Total Assets 442.3m) |
| D: 1.43 (Book Value of Equity 356.9m / Total Liabilities 248.8m) |
| Altman-Z'' = -0.12 = B |
| DSRI: 1.91 (Receivables 12.8m/3.60m, Revenue 50.0m/26.8m) |
| GMI: 0.26 (GM 7.49% / 29.26%) |
| AQI: 0.47 (AQ_t 0.06 / AQ_t-1 0.13) |
| SGI: 1.87 (Revenue 50.0m / 26.8m) |
| TATA: -0.21 (NI -132.6m - CFO -5.06m) / TA 605.6m) |
| Beneish M = -2.67 (Cap -4..+1) = A |
As of July 11, 2026, the stock is trading at USD 16.61 with a total of 8,796,131 shares traded. Over the past week, the price has changed by +5.73%, over one month by +8.56%, over three months by -7.10% and over the past year by +192.43%.
Current recommended Stop Loss: 13.30 (which is 19.9% or 2.5 ATR below the current price).
Almonty Industries Common has no consensus analysts rating.
Market Cap CAD = 6.32b (4.46b USD * 1.417 USD.CAD)
P/E Forward = 47.3934
P/S = 89.141
P/B = 17.7452
Revenue TTM = 50.0m CAD
EBIT TTM = -126.1m CAD
EBITDA TTM = -125.1m CAD
Long Term Debt = 108.5m CAD (from longTermDebt, last quarter)
Short Term Debt = 56.9m CAD (from shortTermDebt, last quarter)
Debt = 165.3m CAD (from shortLongTermDebtTotal, last quarter)
Net Debt = -94.5m CAD (calculated: Debt 165.3m - CCE 259.9m)
Enterprise Value = 6.22b CAD (6.32b + Debt 165.3m - CCE 259.9m)
Interest Coverage Ratio = -37.97 (Ebit TTM -126.1m / Interest Expense TTM 3.32m)
EV/FCF = -77.89x (Enterprise Value 6.22b / FCF TTM -79.9m)
FCF Yield = -1.28% (FCF TTM -79.9m / Enterprise Value 6.22b)
FCF Margin = -159.7% (FCF TTM -79.9m / Revenue TTM 50.0m)
Net Margin = -265.1% (Net Income TTM -132.6m / Revenue TTM 50.0m)
Gross Margin = 29.26% ((Revenue TTM 50.0m - Cost of Revenue TTM 35.4m) / Revenue TTM)
Gross Margin QoQ = 51.22% (prev 15.06%)
Tobins Q-Ratio = 10.27 (Enterprise Value 6.22b / Total Assets 605.6m)
Interest Expense / Debt = 2.01% (Interest Expense 3.32m / Debt 165.3m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -99.6m (EBIT -126.1m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 2.45 (Total Current Assets 286.6m / Total Current Liabilities 117.1m)
Debt / Equity = 0.46 (Debt 165.3m / totalStockholderEquity, last quarter 356.9m)
Debt / EBITDA = 0.76 (negative EBITDA) (Net Debt -94.5m / EBITDA -125.1m)
Debt / FCF = 1.18 (negative FCF - burning cash) (Net Debt -94.5m / FCF TTM -79.9m)
Total Stockholder Equity = 224.1m (last 4 quarters mean from totalStockholderEquity)
RoA = -29.97% (Net Income -132.6m / Total Assets 605.6m)
RoE = -59.15% (Net Income TTM -132.6m / Total Stockholder Equity 224.1m)
RoCE = -37.92% (EBIT -126.1m / Capital Employed (Equity 224.1m + L.T.Debt 108.5m))
RoIC = -18.35% (negative operating profit) (NOPAT -99.6m / Invested Capital 542.9m)
WACC = 12.25% (E(6.32b)/V(6.48b) * Re(12.53%) + D(165.3m)/V(6.48b) * Rd(2.01%) * (1-Tc(0.21)))
Discount Rate = 12.53% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 100.00 | Cagr: 29.84%
[DCF] Fair Price = unknown (Cash Flow -79.9m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.08 | # QB: 0
Revenue Correlation: 98.05 | Revenue CAGR: 20.18% | SUE: N/A | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.03 | Chg30d=N/A | Revisions=+0% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.18 | Chg30d=+0.00% | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=0.52 | Chg30d=+0.00% | Revisions=-12% | GrowthEPS=+167.2% | GrowthRev=+1047.0%
EPS next Year (2027-12-31): EPS=1.14 | Chg30d=-46.55% | Revisions=+0% | GrowthEPS=+159.2% | GrowthRev=+148.4%
[Analyst] Revisions Ratio: -12% (up=2, down=3)