Professional
Added to YB: 2025-04-22
Pitch date: 2025-04-18
ALMTF [bullish]
Almonty Industries Inc.
+133.58%
current return
Author Info
No bio for this author
Company Info
Almonty Industries Inc. engages in the mining, processing, and shipping of tungsten concentrate. It owns interests in the Los Santos mine located near Salamanca, Spain; the Panasqueira tin and tungsten mine situated in Covilha and Castelo Branco, Portugal; the Sangdong tungsten mine (Almonty Korea Tungsten) located in Gangwon Province, Republic of Korea; the Valtreixal tin and tungsten project located in Zamora province, Western Spain; and Almonty Korea Moly (AKM) Project.
Market Cap
CAD 741.0M
Pitch Price
CAD 3.99
Price Target
5.00 (-46%)
Dividend
N/A
EV/EBITDA
-141.64
P/E
-41.15
EV/Sales
30.90
Sector
Metals and Mining
Category
growth
Almonty ($ALMTF): B. Riley Targets C$5
ALMTF: B.Riley initiates Buy, PT C$5. Tungsten miner with 4 projects in Korea & Iberia well-positioned amid Chinese export controls. Sangdong mine starting production soon, largest outside China. Vertical integration by 2027/28 for higher margins. 50% tungsten & 100% moly offtake agreements secured with floor pricing.
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