Diamond Equity Issues Positive Forecast for ALM Earnings

Almonty Industries Inc. (NASDAQ:ALM) – Investment analysts at Diamond Equity raised their Q2 2026 EPS estimates for Almonty Industries in a report issued on Wednesday, May 13th. Diamond Equity analyst H. Diamond now anticipates that the company will post earnings of $0.14 per share for the quarter, up from their previous forecast of $0.12. The consensus estimate for Almonty Industries’ current full-year earnings is $0.59 per share. Diamond Equity also issued estimates for Almonty Industries’ Q3 2026 earnings at $0.18 EPS, Q4 2026 earnings at $0.23 EPS, FY2026 earnings at $0.53 EPS, Q1 2027 earnings at $0.24 EPS, Q2 2027 earnings at $0.26 EPS, Q3 2027 earnings at $0.30 EPS, Q4 2027 earnings at $0.42 EPS and FY2027 earnings at $1.23 EPS.

Several other analysts have also recently weighed in on the stock. 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. DA Davidson reiterated a “buy” rating and issued a $25.00 price target on shares of Almonty Industries in a report on Thursday, March 26th. Texas Capital upgraded shares of Almonty Industries to a “strong-buy” rating in a report on Thursday, April 16th. Finally, Oppenheimer lifted their price target on shares of Almonty Industries from $16.00 to $19.00 and gave the company an “outperform” rating in a report on Friday, March 20th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $18.38.

Almonty Industries Stock Performance

NASDAQ:ALM opened at $19.53 on Thursday. The stock has a market cap of $5.54 billion and a P/E ratio of -39.06. The firm’s fifty day simple moving average is $19.13 and its 200 day simple moving average is $12.94. Almonty Industries has a twelve month low of $3.16 and a twelve month high of $24.41. The company has a quick ratio of 3.76, a current ratio of 3.89 and a debt-to-equity ratio of 0.38.

Almonty Industries (NASDAQ:ALM) last released its quarterly earnings results on Monday, May 11th. The company reported $0.01 earnings per share for the quarter, meeting the consensus estimate of $0.01. The business had revenue of $18.52 million for the quarter, compared to analysts’ expectations of $15.44 million. Almonty Industries had a negative net margin of 262.29% and a negative return on equity of 13.79%.

Institutional Trading of Almonty Industries

Hedge funds have recently modified their holdings of the business. Leonteq Securities AG bought a new stake in shares of Almonty Industries during the 1st quarter valued at $29,000. FNY Investment Advisers LLC bought a new stake in shares of Almonty Industries during the 3rd quarter valued at $30,000. Global Retirement Partners LLC bought a new stake in shares of Almonty Industries during the 4th quarter valued at $35,000. Rockefeller Capital Management L.P. boosted its holdings in shares of Almonty Industries by 30.0% during the 4th quarter. Rockefeller Capital Management L.P. now owns 4,333 shares of the company’s stock valued at $38,000 after buying an additional 1,000 shares in the last quarter. Finally, State of Wyoming bought a new stake in shares of Almonty Industries during the 4th quarter valued at $41,000.

Almonty Industries News Summary

Here are the key news stories impacting Almonty Industries this week:

• Positive Sentiment: Diamond Equity lifted its FY2026 EPS estimate for Almonty Industries to $0.53 from $0.45, suggesting stronger near-term earnings potential and improving investor sentiment.
• Positive Sentiment: The firm also raised FY2027 EPS to $1.23 from $1.03, indicating analysts see meaningful longer-term earnings growth ahead.
• Positive Sentiment: Quarterly estimates were increased across 2026 and 2027, including Q2 2026, Q3 2026, Q4 2026, Q1 2027, Q2 2027, Q3 2027, and Q4 2027, reinforcing the view that Almonty’s earnings trajectory is improving.
• Neutral Sentiment: Earlier coverage highlighted Almonty’s strategic importance in tungsten supply, profit progress, and backing tied to its Sangdong mine, which may support the longer-term investment case but is less directly tied to today’s trading move. Almonty posts profit as tungsten role draws US backing
• Neutral Sentiment: Zacks recently upgraded Almonty to Buy, adding to the positive analyst momentum around the stock. Almonty Industries Inc. (ALM) Upgraded to Buy: What Does It Mean for the Stock?
• Negative Sentiment: Despite the upgrades, Almonty’s current-year consensus EPS remains modest at $0.59, so investors may still want confirmation that projected earnings gains translate into actual results.

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.