
ALM Stock Forecast & Price Target
ALM Analyst Ratings
Bulls say
Almonty Industries Inc. has experienced a significant uptick in tungsten prices, which have increased over 39% since August and more than doubled year-to-date, currently reaching approximately $674 per Metric Ton Unit, driven largely by supply constraints and rising global demand. The company's revenue and EBITDA projections for the coming years have been revised upward, reflecting these favorable pricing dynamics and the anticipated ramp-up of production from its Sangdong tungsten mine, positioning Almonty to challenge China's dominance in the tungsten market. Furthermore, the Los Santos mine's ore grade of approximately 0.27% is expected to enhance processing productivity, reinforcing Almonty's capacity to become a leading supplier of conflict-free tungsten globally.
Bears say
Almonty Industries Inc. faces significant challenges due to the reduction of tungsten mining quotas by China’s Ministry of Natural Resources, which could lead to increased commodity prices but also impacts overall supply dynamics. Furthermore, the company reported negative cash flow from operating activities for both the financial year 2024 and the first quarter of 2025, indicating potential liquidity issues and operational inefficiencies. Compounding these challenges, external factors, such as increased import dependence by China and environmental disruptions affecting other major tungsten producers, may contribute to a tighter global supply scenario, adversely affecting Almonty's market position and growth prospects.
This aggregate rating is based on analysts' research of Almonty Industries Inc and is not a guaranteed prediction by Public.com or investment advice.
ALM Analyst Forecast & Price Prediction
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