Resilient Almonty Industries stock marks Nasdaq debut and Sangdong contract boost
Published on 08/14/2026 at 16:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Almonty Industries Inc. (ISIN CA0203987072) stock is drawing new attention on August 14, 2026 as the tungsten focused miner begins trading on the Nasdaq Capital Market under the ticker ALM and aligns its financing and sales framework for the flagship Sangdong mine in South Korea.
Nasdaq listing and capital raise reshape the equity story
Per a same day corporate overview, Almonty Industries stock now trades on the Nasdaq Capital Market under the ticker ALM, reflecting the company’s transition to a US exchange following a $90 million upsized and oversubscribed public offering that closed ahead of the listing as of August 14, 2026 recent coverage on the Nasdaq listing.
An ownership and quote snapshot compiled from recent market data shows that Almonty Industries stock last closed at $14.15 on August 12, 2026, with a daily gain of 8.13 percent, and has traded between a 52-week low of $10.79 and a 52-week high of $26.95 as of August 13, 2026 a recent performance overview.
Complementing the US listing, a shareholder structure update from a market data portal places the latest closing price for Almonty Industries at $14.04 on August 13, 2026 and indicates a market capitalization of $4.05 billion at that level the TradingKey shareholder structure page.
Extended Sangdong offtake and analyst consensus support fundamentals
Beyond the listing, a detailed sector commentary describes how Almonty has strengthened the long term commercial foundation of Sangdong via an extended tungsten offtake agreement with its key industrial customer, increasing the contract term from 15 years to 21 years and lifting the total contracted volume by 40 percent to 4.41 million metric tonne units of tungsten concentrate, with contract prices improved by 6.3 percent compared to the prior agreement a recent tungsten and offtake analysis.
The same analysis outlines the financing framework for completing Sangdong, highlighting that Almonty has placed a convertible bond with a volume of $800 million, carrying a coupon of 2.25 percent and an initial conversion price set at $27.40 per share; this financing package is designed to give the miner extensive headroom to finalize development and ramp up production in the second half of 2026 the same financing oriented commentary.
Looking ahead to upcoming results, that commentary cites a current analyst consensus for Almonty Industries that centers on expected second quarter 2026 revenue of $35.3 million and earnings per share of $0.05, with full year 2026 projections of $244 million in revenue and earnings per share of $0.39; all four analysts actively covering the company reportedly rate the stock as a buy and see an average price objective of $24.63, which implies potential upside of more than 70 percent from the recent closing level of $14.15 the analyst consensus and valuation discussion.
In parallel, a global growth stock screen highlights Almonty Industries in a table of high conviction ideas, showing a one year share price change of 10.8 percent alongside a three year performance of 36.9 percent, underscoring the longer term participation of the stock in the broader commodity and tungsten recovery trend a recent growth pick overview.
Product focus: Sangdong tungsten mine as core asset
For investors, the most tangible operational anchor of the Almonty Industries equity story is the Sangdong tungsten mine in South Korea, which is being positioned as one of the largest high grade tungsten projects outside China and is central to the extended 21 year offtake agreement that now covers 4.41 million metric tonne units at improved contract pricing the same tungsten project oriented article.
As the mine advances toward commercial production and Almonty aligns engineering, infrastructure, and funding milestones, the longer duration and increased volume of the offtake contract provide visibility on future cash flows and underpin the analyst expectations for revenue acceleration across the second half of 2026 and beyond.
Almonty Industries stock price context and closing snapshot
Based on the latest contiguous quote data, Almonty Industries stock most recently closed at $14.04 on August 13, 2026 on the Nasdaq Capital Market, with the shares standing between a 52-week low of $10.79 and a 52-week high of $26.95 at that date, and with an indicated market capitalization of $4.05 billion at the same closing level the TradingKey ownership and valuation view.
Go deeper
Read more on Almonty Industries stock and company developments
Investor Relations
Further details on strategy, financing, and operations are available in the company’s investor relations materials.
Fact box
Company: Almonty Industries Inc.
ISIN: CA0203987072
Ticker: ALM
Exchange: Nasdaq Capital Market
Price (as of August 13, 2026, 4:00 p.m. ET): $14.04 USD
Market cap: $4.05 billion (as of August 13, 2026)
Sector / Industry: Materials - Other Industrial Metals and Mining
Index membership: Not specified in current sources
