ALM

Last week, you might have seen that Almonty Industries Inc. (TSE:AII) released its first-quarter result to the market. The early response was not positive, with shares down 6.9% to CA$25.20 in the past week. Revenues of CA$25m beat expectations by 3.5%. Unfortunately statutory earnings per share (EPS) fell well short of the mark, turning in a loss of CA$0.02 compared to previous analyst expectations of a profit. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Following the latest results, Almonty Industries' nine analysts are now forecasting revenues of CA$348.3m in 2026. This would be a major 597% improvement in revenue compared to the last 12 months. Earnings are expected to improve, with Almonty Industries forecast to report a statutory profit of CA$0.52 per share. Yet prior to the latest earnings, the analysts had been anticipated revenues of CA$374.7m and earnings per share (EPS) of CA$0.51 in 2026. So it looks like the analysts have become a bit less optimistic after the latest results announcement, with revenues expected to fall even as the company is supposed to maintain EPS. View our latest analysis for Almonty Industries The analysts have also increased their price target 5.3% to CA$24.97, clearly signalling that lower revenue forecasts next year are not expected to have a material impact on Almonty Industries' valuation. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. Currently, the most bullish analyst values Almonty Industries at CA$36.00 per share, while the most bearish prices it at CA$7.50. So we wouldn't be assigning too much credibility to analyst price targets in this case, because there are clearly some widely different views on what kind of performance this business can generate. As a result it might not be a great idea to make decisions based on the consensus pr...

Almonty Industries Inc. (ALM) came out with quarterly earnings of $0.01 per share, in line with the Zacks Consensus Estimate . This compares to a loss of $0.02 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +33.33%. A quarter ago, it was expected that this company would post a loss of $0.01 per share when it actually produced a loss of $0.04, delivering a surprise of -300%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Almonty Industries Inc., which belongs to the Zacks Mining - Miscellaneous industry, posted revenues of $18.52 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 19.90%. This compares to year-ago revenues of $5.51 million. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Almonty Industries Inc. shares have added about 123.4% since the beginning of the year versus the S&P 500's gain of 8.1%. While Almonty Industries Inc. has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Almonty Industries Inc. was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list...

Revenue Increases 221% Year-Over-Year to $25.4 Million, Driven by Record Tungsten Pricing Adjusted EBITDA(1) of $6.1 Million Compared to ($2.4) Million in Q1 2025 DILLON, Mont., May 11, 2026--(BUSINESS WIRE)--Almonty Industries Inc. ("Almonty" or the "Company") (Nasdaq: ALM; TSX: AII; ASX: AII; Frankfurt: ALI1), a leading global producer of tungsten concentrate, today announced its financial results for the three months ended March 31, 2026. Financial Summary: Key First Quarter 2026 & Subsequent Operational Highlights On March 17, 2026, Almonty hosted a formal commissioning ceremony at its Sangdong tungsten mine (the "Sangdong Mine") in Gangwon Province, South Korea, marking the completion of development and the transition of the project toward commercial operations. Sangdong is one of the largest and highest-grade tungsten deposits in the world and is expected to become a key source of secure supply for Western industrial and defense supply chains. Revenue for the first quarter of 2026 increased 221% to $25.4 million, driven by a significant increase in the spot price of tungsten APT with the Panasqueira Mine continuing to deliver strong operational performance. The Company generated positive operating cash flow of $9.7 million for the quarter, compared to negative cash flow from operations of ($4.4) million in Q1 2025, marking a significant inflection point in the Company’s financial trajectory. Cash totaled $259.9 million as of March 31, 2026, with a working capital position of $169.5 million, providing the Company with substantial financial flexibility to advance its growth initiatives. Subsequent to the quarter, Almonty announced the relocation of its corporate headquarters from Toronto, Ontario, Canada to Dillon, Montana, United States, reinforcing the Company’s strategic alignment with U.S. defense and industrial stakeholders and positioning it closer to the Company’s Gentung Tungsten Project and key government, defense and industrial partners. First Quarter 2026 Financial Results Highlights Revenue recorded in the first quarter of 2026 increased 221% to $25.4 million, as compared to $7.9 million in the same year-ago quarter. The increase was driven by a significant increase in the spot price of tungsten APT with continued strong operations at the Company’s Panasqueira Mine. General and administrative expenses in the first quarter of 2026 totaled $7.1...

This article first appeared on GuruFocus. ALM Equity AB (OSTO:ALM) is set to release its Q1 2026 earnings on May 7, 2026. The consensus estimate for Q1 2026 revenue is $0.37 billion, and the earnings are expected to come in at $3.10 per share. The full year 2026's revenue is expected to be $1.63 billion and the earnings are expected to be $2.55 per share. More detailed estimate data can be found on the Forecast page. Warning! GuruFocus has detected 2 Warning Signs with OSTO:ALM. Is OSTO:ALM fairly valued? Test your thesis with our free DCF calculator. Over the past 90 days, revenue estimates for ALM Equity AB have declined from $1.86 billion to $1.63 billion for the full year 2026, and from $2.68 billion to $2.55 billion for 2027. Earnings estimates have also decreased from $8.14 per share to $2.55 per share for the full year 2026, and from $15.70 per share to $11.35 per share for 2027. In the previous quarter ending on December 31, 2025, ALM Equity AB's actual revenue was $0.20 billion, which missed analysts' revenue expectations of $0.40 billion by -49.75%. ALM Equity AB's actual earnings were $5.88 per share, which beat analysts' earnings expectations of $2.10 per share by 180%. After releasing the results, ALM Equity AB was down by -0.78% in one day. Based on the one-year price targets offered by 4 analysts, the average target price for ALM Equity AB is $133.25 with a high estimate of $200.00 and a low estimate of $90.00. The average target implies an upside of 158.24% from the current price of $51.60. Based on GuruFocus estimates, the estimated GF Value for ALM Equity AB in one year is $91.53, suggesting an upside of 77.38% from the current price of $51.60. Based on the consensus recommendation from 2 brokerage firms, ALM Equity AB's average brokerage recommendation is currently 2.5, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Almonty Industries (TSX:AII) is relocating its headquarters from Toronto to Dillon, Montana, tying its corporate base more closely to the United States and its critical minerals supply chain priorities for tungsten. See our latest analysis for Almonty Industries. The headquarters move comes after a sharp shift in market sentiment, with a 1 day share price return of 14.83% and a 90 day share price return of 125.02%. The 1 year total shareholder return is very large relative to the starting point, suggesting momentum has been building rather than fading over the past year. If this kind of critical minerals story has your attention, it may be worth widening the lens with our rare earth and tungsten peers via the 28 best rare earth metal stocks With the share price already up sharply and the stock trading at a very large 1 year total return, the key question now is simple: is Almonty still undervalued, or is the market already pricing in future growth? Almonty is currently trading at CA$28.42, while the SWS DCF model estimates a fair value of CA$46.05. This implies the shares are trading at a discount based on that framework. The DCF model projects the company’s future cash flows and then discounts them back to today’s value, aiming to reflect both timing and risk. For a miner that is currently loss making, this type of model is often driven by expectations around future production, pricing and the shift from investment to cash generation. In Almonty’s case, the company is currently unprofitable, reports a loss of CA$161.91m, and its liabilities are entirely funded by higher risk external borrowing rather than customer deposits. At the same time, forecasts in the data provided point to revenue growth of 37.7% per year and an eventual move into profitability with earnings growth of 46.86% per year. This helps explain why a cash flow based model can produce a fair value that is meaningfully above the current share price. Look into how the SWS DCF model arrives at its fair value. Result: DCF Fair value of CA$46.05 (UNDERVALUED) However, the story still carries real risk, including the current CA$161.91m loss and a heavy reliance on higher-risk external borrowing to fund its projects. Find out about the key risks to this Almonty Industries narrative. Wh...

Almonty Industries (AII.TO) said Monday that it has relocated its corporate headquarters to Montana,

Almonty Industries (ALM) said Monday that it is relocating its corporate headquarters to Dillon, Mon

TORONTO, April 13, 2026--(BUSINESS WIRE)--Almonty Industries Inc. ("Almonty" or the "Company") (Nasdaq: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1), a leading global producer of tungsten critical to U.S. defense and advanced technology industries, today announced the relocation of its corporate headquarters from Toronto, Ontario, Canada to Dillon, Montana, United States. The relocation of its corporate headquarters reflects Almonty’s continued strategic alignment with the United States and its role in supporting secure, transparent, and Western-aligned supply chains for critical materials. The move positions the Company closer to key stakeholders, including U.S. government agencies, defense contractors and industrial partners, while reinforcing its commitment to becoming the leading U.S.-aligned tungsten producer. The move follows Almonty’s Nasdaq listing and US$90 million oversubscribed IPO in July 2025, a US$129 million follow-on financing in December 2025, and the acquisition of Montana’s Gentung Tungsten Project, expected to restart production this year. Almonty has also deepened its U.S. defense alignment through a strategic partnership with American Defense International, Inc., participation in the Department of Defense-sponsored Critical Minerals Forum, and congressional recognition for strengthening critical mineral independence. Further underscoring its alignment with U.S. strategic priorities, Almonty has appointed former senior United States Army generals as directors, bringing defense and national security expertise to support the Company’s role in securing critical mineral supply chains. The Company continues to advance its strategy of strengthening non-Chinese tungsten supply chains amid increasing geopolitical focus on critical minerals security. Management Commentary Lewis Black, Chairman, President and Chief Executive Officer of Almonty, said: "Relocating our headquarters to the United States is not merely symbolic. It reflects who we are – as Montana is the location of our recently acquired Gentung Tungsten Project – and where our future lies. Our investors, customers, and strategic partners are here because they recognize the urgency of building a Western tungsten supply chain free from Chinese dependence. With Sangdong Phase 1 complete and Gentung on track to begin production, we are delivering on that mission, and a U.S. home base ensur...

As the Canadian market navigates the complexities of inflation and fluctuating energy prices, investors are keenly observing how these factors impact household spending and economic growth. In this environment, stocks with high insider ownership can be particularly appealing, as they often signal strong confidence from those closest to the company's operations. Click here to see the full list of 46 stocks from our Fast Growing TSX Companies With High Insider Ownership screener. Let's review some notable picks from our screened stocks. Simply Wall St Growth Rating: ★★★★★☆ Overview: Anaergia Inc. and its subsidiaries offer solutions for generating renewable energy and converting waste to resources across various regions including Italy, North America, Europe, the Middle East and Africa, and the Asia Pacific, with a market cap of CA$468.02 million. Operations: Anaergia's revenue is derived from providing renewable energy solutions and waste-to-resource conversion services across regions such as Italy, North America, Europe, the Middle East and Africa, and the Asia Pacific. Insider Ownership: 26.2% Earnings Growth Forecast: 78.7% p.a. Anaergia's growth prospects are bolstered by its expected revenue increase of 23.7% per year, surpassing the Canadian market average. The company reported significant sales growth to C$180.19 million in 2025, transitioning from a net loss to a net income of C$6.96 million. Anaergia's strategic positioning is strengthened by its involvement in California's RNG procurement program and a major contract with Eni for sustainable fuel production, enhancing its role in the global energy transition. Click here to discover the nuances of Anaergia with our detailed analytical future growth report. According our valuation report, there's an indication that Anaergia's share price might be on the expensive side. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Obsidian Energy Ltd. is involved in the exploration, development, and production of oil and natural gas in Western Canada, with a market capitalization of CA$862.88 million. Operations: The company generates revenue of CA$540.80 million from its oil and gas exploration and production activities in Western Canada. Insider Ownership: 10.3% Earnings Growth Forecast: 24.9% p.a. Obsidian Energy's growth outlook is supported by its forecasted annual earnings increase of 24.9%, outpacing the Canad...

As the Canadian market navigates a landscape influenced by global economic factors, including the Federal Reserve's cautious approach to interest rates and inflation expectations, investors are closely monitoring growth opportunities. In this environment, stocks with strong insider ownership can be appealing due to potential alignment of interests with shareholders and demonstrated confidence in long-term growth prospects. Click here to see the full list of 45 stocks from our Fast Growing TSX Companies With High Insider Ownership screener. Let's uncover some gems from our specialized screener. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Cardinal Energy Ltd. is involved in the acquisition, exploration, development, optimization, and production of petroleum and natural gas across Alberta, British Columbia, and Saskatchewan in Canada with a market cap of CA$1.89 billion. Operations: The company's revenue segment consists of Oil & Gas - Exploration & Production, generating CA$439.43 million. Insider Ownership: 22.5% Earnings Growth Forecast: 63.1% p.a. Cardinal Energy demonstrates potential as a growth company with substantial insider ownership, evidenced by significant insider buying over the past three months. Despite recent declines in net income and profit margins, its earnings are forecast to grow significantly at 63.1% annually, outpacing the Canadian market. The company's revenue is also projected to rise faster than the market average. However, dividends remain poorly covered by earnings or free cash flows, indicating potential sustainability concerns. Unlock comprehensive insights into our analysis of Cardinal Energy stock in this growth report. Our expertly prepared valuation report Cardinal Energy implies its share price may be too high. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Knight Therapeutics Inc. is involved in acquiring, in-licensing, out-licensing, marketing, and commercializing prescription pharmaceutical products in Canada and Latin America with a market cap of CA$668.60 million. Operations: Knight Therapeutics generates revenue through the acquisition, in-licensing, out-licensing, marketing, and commercialization of prescription pharmaceutical products across Canada and Latin America. Insider Ownership: 23.3% Earnings Growth Forecast: 36.9% p.a. Knight Therapeutics, with significant insider ownership, is navigating a challenging la...

First Ore Delivered to Sangdong Mine ROM Pad, Marking Transition to Active Mining Operations Ahead of Commercial Production Tungsten Pricing Seeing Strong Growth, with TTM Average APT Price Increasing 534% Year-Over-Year to US$2,250 per MTU TORONTO, March 19, 2026--(BUSINESS WIRE)--Almonty Industries Inc. ("Almonty" or the "Company") (Nasdaq: ALM; TSX: AII; ASX: AII; Frankfurt: ALI1), a leading global producer of tungsten concentrate, today announced its financial results for the three and twelve months ended December 31, 2025. Key Fourth Quarter 2025 & Subsequent Operational Highlights On March 17th, 2026, Almonty hosted a formal commissioning ceremony at its Sangdong Tungsten Mine in Gangwon Province, South Korea, marking the nearly three year completion of development and the transition of the project toward commercial operations. Sangdong is one of the largest and highest-grade tungsten deposits in the world and is expected to become a key source of secure supply for Western industrial and defense supply chains. In December 2025, Almonty achieved a pivotal milestone with the delivery of the first truckload of ore to the Run-of-Mine (ROM) pad at the Sangdong Mine in South Korea, marking the transition from mine development to active mining operations and the final step before commencement of commercial production. In December 2025, the Company closed a successful public offering of 20.7 million common shares for gross proceeds of US$129.4 million, bringing total cash and cash equivalents to $268.4 million at December 31, 2025. Almonty completed the acquisition of the Gentung Tungsten Project in Beaverhead County, Montana, adding a near-term U.S. production asset to the Company’s portfolio. Appointed Brigadier General (Retired) Steven L. Allen as Chief Operating Officer to optimize tungsten deliveries across Almonty’s operations and accelerate development of the Sangdong Molybdenum Project and Gentung Tungsten Project. Subsequent to the quarter, Almonty appointed Guillaume Wiesenbach de Lamaziere, CFA as Chief Development Officer to spearhead corporate development strategy and execution. Fourth Quarter and Full Year 2025 Financial Results Highlights Revenue recorded in the fourth quarter of 2025 increased by 39% to $8.7 million, as compared to $6.3 million in the same year-ago quarter. For the full year ended December 31, 2025, revenue increased by 13% to...

As the Canadian market navigates a landscape of steady interest rates and cooling price pressures, investors are keenly observing how these factors might influence growth opportunities on the Toronto Stock Exchange (TSX). In this context, stocks with high insider ownership can be particularly appealing, as they often indicate strong confidence from those closest to the company and may align well with broader economic stability. Click here to see the full list of 44 stocks from our Fast Growing TSX Companies With High Insider Ownership screener. Let's explore several standout options from the results in the screener. Simply Wall St Growth Rating: ★★★★★☆ Overview: Aduro Clean Technologies Inc. focuses on developing water-based chemical recycling technologies and has a market cap of CA$642.28 million. Operations: The company's revenue primarily comes from its Pollution and Treatment Control Products segment, which generated CA$0.31 million. Insider Ownership: 34.1% Earnings Growth Forecast: 71.3% p.a. Aduro Clean Technologies is positioned as a growth company with significant insider ownership, focusing on innovative recycling solutions. Despite generating less than US$1 million in revenue, its earnings are projected to grow significantly at 71.32% annually. Recent developments include a CA$19.99 million Composite Units Offering and strategic collaborations for chemical recycling in Mexico, highlighting its potential market expansion. The company aims to become profitable within three years, outpacing average market growth expectations. Take a closer look at Aduro Clean Technologies' potential here in our earnings growth report. Insights from our recent valuation report point to the potential overvaluation of Aduro Clean Technologies shares in the market. Simply Wall St Growth Rating: ★★★★★★ Overview: goeasy Ltd. operates in Canada, offering non-prime leasing and lending services through its easyhome, easyfinancial, and LendCare brands with a market cap of CA$2.06 billion. Operations: The company's revenue is primarily generated through its Easyfinancial segment, contributing CA$1.51 billion, and its Easyhome segment, which adds CA$149.89 million. Insider Ownership: 21.5% Earnings Growth Forecast: 27.3% p.a. goeasy is set for robust growth, with revenue and earnings projected to increase significantly above market averages at 29.2% and 27.3% annually, respectiv...