Almonty Industries stock gains 5.20 percent to EUR 8.70 versus Xetra close
Published on 10/27/2026 at 22:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSPrice and analyst update
- B. Riley Financial cut its Almonty Industries target from USD 25.00 to USD 20.00 on October 27, 2026.
- DA Davidson expects Sangdong to contribute revenue and adjusted EBITDA in the fourth quarter of 2026.
- Almonty Industries stock costs EUR 8.70 at Lang & Schwarz on October 27, 2026 at 10:00 p.m. CET, 5.20 percent above the Xetra close of October 26, 2026.
Almonty Industries stock (ISIN CA0203987072) rose 5.20 percent to EUR 8.70 at Lang & Schwarz on October 27, 2026 at 10:00 p.m. CET, versus the Xetra close of EUR 8.27 on October 26, 2026. The move came as B. Riley Financial cut its price target from USD 25.00 to USD 20.00 while maintaining a Buy rating, according to MarketBeat.
Target reset meets a strong session
The B. Riley move is the latest change in a widely dispersed analyst picture. The published target now stands below the USD 21.00 target Stifel set after cutting its own USD 25.00 target on October 20, 2026, as reported by Investing.com. B. Riley's USD 20.00 target remains materially above the latest Nasdaq price of USD 9.43 cited by MarketBeat on October 27, 2026.
Sangdong timing remains important
For the operating outlook, DA Davidson expects Almonty's Sangdong facility to begin contributing revenue and adjusted EBITDA in the fourth quarter of 2026. The estimate followed meetings with management and was reported by Investing.com on October 12, 2026. The timing matters because shipment schedules affect when the South Korean project starts adding reported revenue and earnings.
Nasdaq range and valuation
MarketBeat listed a one-year Nasdaq range of USD 5.43 to USD 24.41, a market capitalization of USD 2.7 billion, a price-to-earnings ratio of 58.93 and volume of 667,396 shares on October 27, 2026. The figures place the stock well above its one-year low while leaving it below the reported yearly high.
Almonty identifies tungsten mining and development as its core business, with projects including Panasqueira in Portugal and Sangdong in South Korea. Its investor page listed an Investor Day for October 19, 2026, and describes the company as focused on tungsten projects in conflict-free regions.
Stock position after the move
The latest session leaves Almonty Industries stock above the Xetra close while analyst targets remain uneven. The next valuation debate centers on whether Sangdong's planned fourth-quarter contribution develops into the revenue and adjusted EBITDA assumptions described by DA Davidson.
Almonty Industries was trading at EUR 8.70 at Lang & Schwarz on October 27, 2026 at 10:00 p.m. CET, 5.20 percent above the Xetra close of EUR 8.27 on October 26, 2026.
The further course of trading is shown by the continuously updated real-time quote of Almonty Industries stock.
Almonty Industries at a glance
- Company: Almonty Industries Inc.
- ISIN: CA0203987072
- WKN: A414Q8
- Ticker: ALM
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 27, 2026, 10:00 p.m. CET): EUR 8.70
- Change versus Xetra close: plus 5.20 percent
- Xetra close (October 26, 2026): EUR 8.27
- Market capitalization: USD 2.7 billion (as of October 27, 2026)
- 52-week range: USD 5.43-24.41 (as of October 27, 2026)
- Sector / Industry: Specialty Mining & Metals
Market context: Market report Nasdaq Composite.
