Q1 EPS Forecast for Almonty Industries Boosted by Analyst

Almonty Industries Inc. (NASDAQ:ALM) – Investment analysts at Diamond Equity lifted their Q1 2026 earnings per share (EPS) estimates for Almonty Industries in a research report issued on Tuesday, November 4th. Diamond Equity analyst H. Diamond now anticipates that the company will post earnings per share of $0.03 for the quarter, up from their prior forecast 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 announced its 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 firm had revenue of $5.20 million during the quarter, compared to analyst estimates of $5.30 million. Almonty Industries had a negative net margin of 366.52% and a negative return on equity of 104.72%.

A number of other analysts have also issued reports on ALM. Cantor Fitzgerald initiated coverage on shares of Almonty Industries in a research report on Wednesday, August 13th. They set an “overweight” rating and a $6.50 target price on the stock. Oppenheimer increased their price target on Almonty Industries from $7.00 to $12.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 15th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Almonty Industries in a research report on Wednesday, October 8th. DA Davidson reiterated a “buy” rating and set a $11.00 target price on shares of Almonty Industries in a research report on Tuesday, October 28th. Finally, Wall Street Zen raised Almonty Industries from a “sell” rating to a “hold” rating in a research note on Saturday. Three investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $9.83.

Almonty Industries Price Performance

Shares of NASDAQ ALM opened at $7.00 on Friday. The stock has a market capitalization of $1.57 billion and a P/E ratio of -20.59. Almonty Industries has a 12 month low of $3.16 and a 12 month 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 business’s 50-day moving average price is $6.33.

Institutional Investors Weigh In On Almonty Industries

A number of institutional investors have recently added to or reduced their stakes in the company. MCF Advisors LLC acquired a new stake in Almonty Industries during the third quarter worth about $60,000. Oppenheimer & Co. Inc. purchased a new stake in shares of Almonty Industries during the 3rd quarter worth about $66,000. Serenus Wealth Advisors LLC purchased a new stake in shares of Almonty Industries during the 3rd quarter worth about $121,000. PNC Financial Services Group Inc. acquired a new stake in Almonty Industries during the 3rd quarter worth approximately $157,000. Finally, General American Investors Co. Inc. purchased a new position in Almonty Industries in the third quarter valued at approximately $246,000.

About Almonty Industries

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.