What is Diamond Equity’s Forecast for ALM Q1 Earnings?

Almonty Industries Inc. (NASDAQ:ALM) – Equities researchers at Diamond Equity reduced their Q1 2026 earnings per share estimates for Almonty Industries in a research note issued on Wednesday, March 25th. Diamond Equity analyst H. Diamond now forecasts that the company will post earnings of $0.00 per share for the quarter, down from their prior forecast of $0.04. Diamond Equity also issued estimates for Almonty Industries’ Q2 2026 earnings at $0.12 EPS, Q3 2026 earnings at $0.15 EPS, Q4 2026 earnings at $0.19 EPS, FY2026 earnings at $0.45 EPS, Q1 2027 earnings at $0.21 EPS, Q2 2027 earnings at $0.23 EPS, Q3 2027 earnings at $0.26 EPS and Q4 2027 earnings at $0.33 EPS.

Other research analysts have also recently issued reports about the stock. B. Riley Financial raised their target price on shares of Almonty Industries from $17.00 to $23.00 and gave the stock a “buy” rating in a report on Friday, March 20th. DA Davidson reaffirmed a “buy” rating and issued a $25.00 price objective on shares of Almonty Industries in a research note on Thursday, March 26th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Almonty Industries in a research report on Monday, December 29th. Finally, Oppenheimer increased their target price on Almonty Industries from $16.00 to $19.00 and gave the company an “outperform” rating in a report on Friday, March 20th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Almonty Industries currently has a consensus rating of “Moderate Buy” and a consensus target price of $18.38.

Almonty Industries Trading Up 5.2%

NASDAQ:ALM opened at $14.48 on Monday. The stock has a fifty day simple moving average of $15.52 and a 200 day simple moving average of $10.25. The firm has a market capitalization of $4.06 billion and a price-to-earnings ratio of -24.97. Almonty Industries has a 1-year low of $3.16 and a 1-year high of $22.55. The company has a quick ratio of 3.76, a current ratio of 3.89 and a debt-to-equity ratio of 0.38.

Institutional Investors Weigh In On Almonty Industries

Several hedge funds and other institutional investors have recently made changes to their positions in ALM. Van ECK Associates Corp lifted its position in shares of Almonty Industries by 13,294.7% during the 4th quarter. Van ECK Associates Corp now owns 11,239,482 shares of the company’s stock worth $99,013,000 after purchasing an additional 11,155,572 shares during the last quarter. Encompass Capital Advisors LLC acquired a new stake in Almonty Industries in the 4th quarter valued at approximately $25,620,000. Next Century Growth Investors LLC bought a new position in Almonty Industries in the 4th quarter worth approximately $16,345,000. Telemark Asset Management LLC bought a new position in Almonty Industries in the 3rd quarter worth approximately $7,839,000. Finally, Alyeska Investment Group L.P. acquired a new position in shares of Almonty Industries during the third quarter worth approximately $7,839,000.

Almonty Industries Company Profile

Almonty Industries is a Canada-based mining company focused on the production, development and acquisition of tungsten assets. The company’s principal business activity is the mining and processing of tungsten-bearing ore to produce tungsten concentrates for industrial customers. Almonty pursues both operating mines and advanced-stage development projects with the objective of supplying a critical raw material used in hardmetals, tooling, drilling and other industrial applications.

Almonty’s asset footprint has historically included operating and development projects in Europe and Asia.