Diamond Equity Issues Negative Forecast for TSE:AII Earnings

Almonty Industries Inc. (TSE:AII) – Analysts at Diamond Equity decreased their FY2026 earnings per share estimates for Almonty Industries in a report issued on Friday, August 14th. Diamond Equity analyst H. Diamond now forecasts that the company will earn $0.55 per share for the year, down from their previous forecast of $0.75. The consensus estimate for Almonty Industries’ current full-year earnings is $0.02 per share.

Almonty Industries Stock Performance

Shares of TSE:AII opened at C$15.51 on Wednesday. The company has a current ratio of 2.45, a quick ratio of 0.11 and a debt-to-equity ratio of 46.54. Almonty Industries has a 1-year low of C$4.96 and a 1-year high of C$33.35. The stock has a market capitalization of C$4.40 billion, a P/E ratio of -23.15 and a beta of 2.17. The business has a 50-day moving average price of C$20.33 and a two-hundred day moving average price of C$23.07.

Almonty Industries (TSE:AII) last posted its quarterly earnings results on Monday, May 11th. The company reported C($0.02) earnings per share (EPS) for the quarter. The firm had revenue of C$25.40 million during the quarter. Almonty Industries had a negative net margin of 265.08% and a negative return on equity of 59.18%.

Almonty Industries Company Profile

Almonty (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1) is a leading supplier of conflict free tungsten – a strategic metal critical to the defense and advanced technology sectors. As geopolitical tensions heighten, tungsten has become essential for armor, munitions, and electronics manufacturing. Almontys flagship Sangdong Tungsten Mine in South Korea, historically one of the worlds largest and highest-grade tungsten deposits, is expected to supply over 40% of global non-China tungsten production upon reaching full capacity, directly addressing critical supply vulnerabilities highlighted by recent U.S.