Q3 EPS Forecast for Almonty Industries Lowered by Analyst

Almonty Industries Inc. (NASDAQ:ALM) – Equities research analysts at Diamond Equity reduced their Q3 2026 earnings per share (EPS) estimates for Almonty Industries in a research note issued to investors on Friday, August 14th. Diamond Equity analyst H. Diamond now anticipates that the company will earn $0.12 per share for the quarter, down from their previous forecast of $0.18. The consensus estimate for Almonty Industries’ current full-year earnings is $0.46 per share. Diamond Equity also issued estimates for Almonty Industries’ Q4 2026 earnings at $0.14 EPS, Q1 2027 earnings at $0.18 EPS, Q2 2027 earnings at $0.22 EPS, Q3 2027 earnings at $0.28 EPS, Q4 2027 earnings at $0.36 EPS and FY2027 earnings at $1.04 EPS.

ALM has been the subject of several other reports. Weiss Ratings upgraded shares of Almonty Industries from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Wednesday, August 12th. DA Davidson lifted their price target on shares of Almonty Industries from $25.00 to $33.00 and gave the stock a “buy” rating in a report on Friday, July 10th. Finally, Oppenheimer lifted their price target on shares of Almonty Industries from $22.00 to $25.00 and gave the stock an “outperform” rating in a report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Almonty Industries has an average rating of “Buy” and an average price target of $27.00.

Almonty Industries Stock Up 8.4%

NASDAQ:ALM opened at $16.36 on Tuesday. The firm’s 50 day simple moving average is $15.15 and its 200 day simple moving average is $16.89. The company has a debt-to-equity ratio of 1.37, a current ratio of 9.58 and a quick ratio of 9.51. Almonty Industries has a one year low of $3.97 and a one year high of $24.41. The company has a market cap of $4.71 billion and a PE ratio of 102.26.

Hedge Funds Weigh In On Almonty Industries

A number of hedge funds have recently made changes to their positions in ALM. Van ECK Associates Corp lifted its stake in shares of Almonty Industries by 13,294.7% in the fourth quarter. Van ECK Associates Corp now owns 11,239,482 shares of the company’s stock worth $99,013,000 after acquiring an additional 11,155,572 shares during the period. Cooper Creek Partners Management LLC increased its position in Almonty Industries by 110.4% during the 1st 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 during the period. Encompass Capital Advisors LLC increased its position in Almonty Industries by 47.9% during the 1st quarter. Encompass Capital Advisors LLC now owns 4,300,839 shares of the company’s stock valued at $62,276,000 after purchasing an additional 1,392,806 shares during the period. Next Century Growth Investors LLC bought a new position in Almonty Industries during the 4th quarter worth approximately $16,345,000. Finally, Alyeska Investment Group L.P. bought a new position in Almonty Industries during the 3rd quarter worth approximately $7,839,000.

Almonty Industries News Summary

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

• Positive Sentiment: Almonty approved a share-repurchase program of up to US$300 million. Management said the program is intended to capture a perceived disconnect between the company’s share price and the value of its strategic tungsten assets, while supporting shareholder value ahead of initial revenue from the Sangdong project. Almonty Announces New Share Repurchase Program
• Positive Sentiment: Investor interest in Almonty is also benefiting from broader commodity-market optimism. Reports point to structural shortages and rising strategic demand for tungsten, a market in which China remains dominant, potentially improving the long-term pricing and strategic importance of Almonty’s non-Chinese production assets. Commodity fever rises due to structural shortages
• Positive Sentiment: The company is being highlighted alongside other critical-minerals producers as investors seek exposure to supply-chain diversification and strategic commodities. Sangdong’s expected ramp-up remains an important potential catalyst. China still dominates, but these stocks are on the rise
• Negative Sentiment: Diamond Equity lowered its EPS forecasts across multiple periods, including Q3 and Q4 2026 and Q1-Q4 2027. Its FY2027 estimate fell to $1.04 from $1.23, while Q3 2026 was reduced to $0.12 from $0.18 and Q4 2026 to $0.14 from $0.23. These revisions signal more cautious expectations for near-term earnings and could limit the stock’s upside.

About Almonty Industries

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.