Diamond Equity Issues Negative Estimate for TSE:AII Earnings

Almonty Industries Inc. (TSE:AII - Free Report) - Research analysts at Diamond Equity decreased their FY2026 earnings per share estimates for shares of Almonty Industries in a research report issued on Wednesday, July 9th. Diamond Equity analyst H. Diamond now expects that the company will earn $0.12 per share for the year, down from their previous estimate of $0.14. The consensus estimate for Almonty Industries' current full-year earnings is $0.02 per share.

Separately, B. Riley raised Almonty Industries to a "strong-buy" rating in a report on Monday, April 14th.

Almonty Industries Trading Up 0.5%

Shares of TSE AII traded up C$0.04 during midday trading on Friday, hitting C$7.82. The stock had a trading volume of 563,321 shares, compared to its average volume of 387,497. The firm has a market cap of C$2.28 billion, a P/E ratio of -113.54 and a beta of 1.47. Almonty Industries has a fifty-two week low of C$0.92 and a fifty-two week high of C$8.66. The company has a debt-to-equity ratio of 225.11, a current ratio of 0.38 and a quick ratio of 0.11. The company's 50-day simple moving average is C$3.49 and its 200 day simple moving average is C$2.35.

About Almonty Industries

Almonty Industries Inc is engaged in the mining, processing and shipping of tungsten concentrate from its Los Santos tungsten mine located near Salamanca, Spain (the 'Los Santos Mine'), the processing and shipping of tungsten concentrate from its Panasqueira tin and tungsten mine in Covilha, Castelo Branco, Portugal (the 'Panasqueira Mine'), the evaluation of its Valtreixal tin and tungsten mine project located in Western Spain in the province of Zamora (the 'Valtreixal Mine'), as well as the evaluation and expected re-opening of its Sangdong tungsten mine project located in Gangwon Province, Republic of Korea (the 'Sangdong Mine').