ALM
ALMONTY INDS (ALM)
NASDAQ
$9.00+$0.30 (+3.44%)
Price as of Oct 30, 2026 7:59 PM EDT
  • $2.7B
    Market Cap
  • 22.02%
    1-Year Change
  • Other Industrial Metals & Mining
    Industry

Key Performance

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  • Earnings Score: N/A
  • Momentum Score: 32
  • True Yield: N/A
  • Financial Health Score: N/A
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Latest Research & News

A Past-Producing Nevada Tungsten Mine Just Lit Up in Soil — and Western Star Is Already Expanding the Hunt

Western Star Resources (CSE: WSR) announced Phase 1 soil geochemistry results from its Rowland Tungsten Property in Nevada, returning a peak of 1,425 ppm WO₃ and confirming the skarn deposit model. The results align with the company's UAV magnetic survey data, validating soil sampling as an effective exploration vector. Western Star is expanding its soil program to extend known zones and identify new drill targets, capitalizing on growing policy support for domestic tungsten supply.

07/10/2026, 8:50 AM • GlobeNewswire

The Metal You've Never Heard Of Is Becoming a National-Security Priority -- and America Barely Mines It

Antimony, a critical metal used in ammunition, flame retardants, and batteries, has become a U.S. national-security priority as the country produces almost none domestically while relying on Chinese imports. The U.S. government's $2.9 billion loan to Perpetua Resources for its Stibnite project signals serious commitment to reshoring antimony supply. NevGold Corp. is positioning its Limousine Butte project in Nevada as a near-term antimony-gold producer, targeting production within 12-18 months through processing previously mined oxide material.

06/12/2026, 10:20 AM • Benzinga

America's Antimony Gap Is Washington's Problem -- and NevGold Is Racing to Help Close It

NevGold Corp is positioning itself as a key player in addressing America's domestic antimony supply gap, a critical mineral for defense applications. With a freshly funded C$42 million treasury, an active 20,000-meter drill program, and a maiden resource estimate targeted for Q2 2026, the company is advancing its Limousine Butte brownfield project in Nevada. Recent surface sampling showed grades up to 53.7% antimony, while the U.S. government's strategic focus on domestic antimony supply—evidenced by a US$2.9 billion loan to Perpetua Resources—creates a favorable policy backdrop for the sector.

06/05/2026, 11:12 AM • Benzinga

The Metal China Controls Faces a 2027 U.S. Deadline -- and a Nevada Mine Just Made Its Move

Western Star Resources has engaged KC Harvey Environmental to lead permitting for its Rowland Tungsten Property in Nevada, advancing federal approvals in parallel with exploration. This move reflects urgency driven by a January 1, 2027 U.S. defense procurement deadline restricting Chinese tungsten imports, creating significant demand for Western-sourced supply as China controls over 75% of global production.

06/02/2026, 8:55 AM • Benzinga

U.S. Tungsten Supply Chain Tightens As A Nevada Past-Producer Mobilizes Drone Geophysics And Property-Wide Soil Geochemistry Toward Drill-Ready Targets

With tungsten prices up 900% over twelve months and a January 2027 DFARS procurement cliff on Chinese-origin tungsten approaching, Western Star Resources has mobilized its technical team to its Rowland Tungsten Property in Nevada to conduct the first modern exploration program, including drone geophysics and property-wide soil geochemistry to generate drill-ready targets. The tightening Western tungsten supply environment is creating structural support for allied producers and explorers.

05/27/2026, 9:05 AM • Benzinga

Tungsten's 557% Run Meets a District-Scale Critical-Minerals Story in British Columbia

Tungsten prices have surged 557% since China's export controls in February 2025, driving Western governments and defense contractors to rebuild non-Chinese supply. GoldHaven Resources announced its Magno Project in BC with district-scale tungsten, indium, and polymetallic potential. Other tungsten producers including Almonty (operating mines), Guardian Metal (PFS stage), American Tungsten (brownfield development), and Energy Fuels (vertically integrated producer) are advancing projects to meet growing Western demand as China controls over 80% of global production.

05/26/2026, 10:35 AM • Benzinga

The Crushed Pile in Nevada: How a Forgotten 1989 Gold Heap Is Becoming One of America’s Few Near-Term Antimony Solutions

NevGold Corp. is developing a historic gold leach pad in Nevada containing antimony mineralization, positioning itself as a near-term domestic antimony producer targeting 2027 production. With consistent antimony grades across all drillholes, proven metallurgy, and C$42 million in funding, the company aims to address U.S. critical minerals supply chain needs without requiring new mining operations.

05/25/2026, 12:10 PM • GlobeNewswire

America’s Brownfield Antimony Play: Every Drillhole Hits as Nevada Project Targets 2027 Production

NevGold Corp. announced that all 17 sonic drillholes from the historic Crushed leach pad at its Limousine Butte project in Nevada returned positive oxide antimony and gold grades, positioning it as a near-term domestic antimony solution. The results include grades of 0.32% antimony and 0.39 g/t gold over 14.9 meters. This development is significant given the U.S. government's push for domestic antimony supply independence from China and the critical mineral's importance for defense applications.

05/25/2026, 9:50 AM • GlobeNewswire

Western Nations Accelerate $12B Critical Mineral Initiatives as Global Export Restrictions Reach Record Highs

Western governments committed $12.1 billion in mining project capital through 30 partnerships at the 2026 PDAC conference, while the U.S. launched its FORGE coalition with 54 nations. Global export restrictions on critical raw materials have hit record highs, with supply concentration for cobalt, lithium, and rare earths exceeding 90% among top three producers. The critical minerals market is projected to nearly double to $715 billion by 2035, with North American investment growing fastest.

05/07/2026, 11:15 AM • Benzinga

A Supply Crisis Is Brewing in the Metals That Power Everything

A U.S. national security investigation confirms America's critical dependence on imported minerals threatens defense and industrial capabilities. Tungsten prices have surged from $300 to $1,775 per metric tonne due to Chinese export controls, while silver faces a sixth consecutive annual supply deficit exceeding 800 million ounces cumulatively since 2021. Five mining exploration companies are positioned to address this structural supply gap through advanced projects in tungsten, silver, copper, and gold.

04/29/2026, 10:15 AM • Benzinga

Almonty Announces Results of Special Meeting of Shareholders

Almonty Industries held a special shareholders meeting to approve amendments to currency exercise terms for outstanding options and warrants, with majority shareholder consent obtained to change exercise currencies to Canadian dollars.

09/29/2025, 6:35 PM • Benzinga

Peers

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Statistics

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Day Range
$8.43
$8.96
$8.70
1-Year Range
$5.59
$23.42
$8.70
Latest Close$8.70
Change
-$0.60 (-6.90%)
Volume5,573,826
Market Cap$2.7B
Shares Outstanding288.1M
P/E (TTM)-11.92
Diluted EPS (TTM)-$0.78
Enterprise Value$2.4B

Information as of 10/30/2026

Company Profile

ALMONTY INDUSTRIES INC
ALMONTY INDUSTRIES INC
https://almonty.com
$2.7B
Market Cap
-$161.9M
Net Income
Sector: Basic Materials
Industry: Other Industrial Metals & Mining
8 S Idaho St, Dillon, MT, United States, 59725
647 438 9766

Almonty Industries Inc. engages in mining, processing, and shipping of tungsten concentrates. The company explores for tin and tungsten deposits. It holds 100% interests in the Canada, Korea, Portugal, Spain, and the United States projects and mines. The company is headquartered in Dillon, Montana.

Key Executives

  • Lewis Black
  • Jorge Mariano Beristain
  • Steven L. Allen
  • Antonio Correa de Sa
  • Guillaume de Luxembourg

Current Ownership Distribution

  • Mutual Funds1.5B (82.88%)
  • Institutions303.5M (17.12%)
  • Insiders0 (0.00%)
  • Other0 (0.00%)