Almonty Industries Inc. $ALM reported sharp top-line growth in the first quarter of 2026, with revenues rising to $18.3 million, up more than 232% from a year earlier. Gross profit also surged to $9.4 million, reflecting a major improvement in profitability at the product level.
Despite the stronger revenue and gross margin performance, the company posted an operating profit of $2.6 million and a net loss attributable to common shareholders of $3.8 million. Diluted earnings per share came in at -$0.01.
Cash generation remained positive, with operating cash flow of $7.0 million, while capital spending totaled $15.7 million as the company continued investing in property, plant and equipment. Almonty ended the period with $186.9 million in cash and cash equivalents, alongside total liabilities of $178.9 million.
- Revenues: $18.3 million
- Gross profit: $9.4 million
- Net loss: $3.8 million
- Cash and cash equivalents: $186.9 million
The stock rose 10.51% since the market open this morning, reflecting a positive investor reaction to the earnings release.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Almonty Industries Inc. Hedge Fund Activity
We have seen 88 institutional investors add shares of Almonty Industries Inc. stock to their portfolio, and 42 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC added 10,293,003 shares (+128.8%) to their portfolio in Q1 2026, for an estimated $149,042,683
- SWEDBANK AB added 5,156,017 shares (+inf%) to their portfolio in Q2 2026, for an estimated $85,383,641
- GOLDMAN SACHS GROUP INC added 4,128,281 shares (+487.2%) to their portfolio in Q1 2026, for an estimated $59,777,508
- CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. added 3,847,146 shares (+inf%) to their portfolio in Q1 2026, for an estimated $55,706,674
- UBS GROUP AG added 3,247,664 shares (+1310.4%) to their portfolio in Q1 2026, for an estimated $47,026,174
- VAN ECK ASSOCIATES CORP removed 2,665,036 shares (-23.7%) from their portfolio in Q1 2026, for an estimated $38,589,721
- COOPER CREEK PARTNERS MANAGEMENT LLC added 2,508,478 shares (+110.4%) to their portfolio in Q1 2026, for an estimated $36,322,761
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Almonty Industries Inc. Price Targets
Multiple analysts have issued price targets for $ALM recently. We have seen 3 analysts offer price targets for $ALM in the last 6 months, with a median target of $25.0.
Here are some recent targets:
- Ian Zaffino from Oppenheimer set a target price of $25.0 on 06/03/2026
- Griffin Bryan from DA Davidson set a target price of $25.0 on 03/26/2026
- Nick Giles from B. Riley Securities set a target price of $23.0 on 03/20/2026
