Almonty Industries

ALM.US slid during regular trading, last at $13.485 as of 11:08 ET, down 4.9% from the prior close of $14.18, giving back all pre-market gains that peaked at $14.63 and hitting an intraday low of $13.48—a clear rally-to-sell-off pattern. Despite Q1 revenue surging 230% YoY to $18.23M, net loss narrowing 84.37% to $3.78M, and operating income turning positive at $1.61M, the stock still trades well below its 20-day ($15.05) and 60-day ($17.57) moving averages, though it remains up 53.24% YTD and 326.74% above the 52-week low of $3.16. The company recently extended its Sangdong tungsten offtake agreement to 21 years at higher prices, but the voluntary delistings from the ASX and TSX may have weighed on sentiment.

Almonty Industries fell sharply in regular trading today, dropping 5.0% from an opening of $15.000 to a session low of $14.240, driven by the company's announcement of a voluntary delisting from the TSX. Despite the slide, Q1 2026 operating revenue surged 230.11% YoY to $18.23 million, operating income turned positive to $1.61 million, and net loss narrowed 84.37% YoY—signaling improving fundamentals. However, the stock at $14.24 has slipped below both its 20-day MA ($15.307) and 60-day MA ($17.815), though it remains up 350.63% from the 52-week low of $3.16 and has gained 61.82% year-to-date, indicating a still elevated price level.

Almonty Industries opened the regular session at $14.50, quickly rallied to an intraday high of $14.705, and closed at $14.655, up 5.2% from the prior close, driven by a 21-year offtake deal for Sangdong tungsten and a Sphene Capital target price raise to CAD 38.9. Q1 revenue surged 230% YoY to $18.23M, operating income turned positive to $1.61M, and net loss narrowed 84% to $3.78M, though the P/B ratio remains elevated at 16.13x. The stock still trades 40% below its 52-week high of $24.41 and below both its 20-day MA ($15.488) and 60-day MA ($17.938). However, after-hours trading saw the price fall back to $13.83.

Almonty Industries surged during regular trading, closing at $13.85, up approximately 5.1% from the prior close of $13.175, driven by an expanded Sangdong tungsten offtake agreement with Global Tungsten & Powders, which could generate $490 million in annual revenue at current APT prices. The stock opened low at $12.45 and rallied to an intraday high of $13.84, marking its largest single-session gain since the 52-week high of $24.41 on April 17, though it eased to $13.255 in after-hours trading. Fundamental data showed Q1 2026 revenue surged 230% year-over-year to $18.2 million, with operating income turning positive at $1.6 million and net loss narrowing 84%, yet EPS remained negative at -$0.0144. The stock trades above its 20-day moving average of $15.936, with a market cap of $3.9 billion and a negative P/E of -40.6, while the company remains unprofitable.

ALM.US closed at $13.175, down 5.96% from previous close of $14.010, after reaching a pre-market high of $14.160 and an intraday low of $13.025. The decline was driven by news of a $700 million convertible notes offering, subsequently upsized to $800 million, raising dilution concerns. Despite strong Q1 2026 results with revenue of $18.34 million (+230% YoY) and operating income of $1.61 million, the stock remains well below its 60-day MA of $18.354 and 20-day MA of $16.157, and 46% off its 52-week high of $24.41. While D.A. Davidson issued a Buy rating, the near-term financing overhang outweighed fundamental improvement.