The developments in the tungsten market and Almonty Industries’ stock are currently the focus of many investors. The question of whether this is the next big trend can be analyzed based on current market data and company developments.
Tungsten Market: Current Situation and Perspectives
Tungsten is a strategically important metal, primarily needed in steel processing, the electronics industry, and for military applications. Due to its hardness and high melting point, it is difficult to substitute. The demand for tungsten is rising with the expansion of renewable energy, electric mobility, and in the defense industry.
A “tungsten shock” could occur if supply bottlenecks or geopolitical tensions disrupt supply chains – similar to other critical raw materials. Such scenarios would significantly drive up the price of tungsten.
Almonty Industries: Company Overview
Almonty Industries Inc. is a Canadian mining company focused on the extraction of tungsten ore. The company operates several mines:
- Los Santos Mine (Spain)
- Panasqueira Mine (Portugal)
- Sangdong Mine (South Korea)
- Valtreixal Project (Spain)
Almonty thus has access to significant production sites in Europe and Asia.
Current Performance of Almonty Stock
The stock of Almonty Industries has had a remarkable rally in 2025:
- Annual Performance: +161% to +238% depending on the observation period.
- Market Capitalization: Approximately 477 million euros.
- Price Target: Analysts see an average price target of 2 euros per share on European exchanges or C$5 on Canadian markets – representing an upside potential of over 100%.
- Technical Metrics: The stock is currently around -10% below its 52-week high and remains over +300% above last year’s low.
Fundamental Metrics & Analyst Assessments
| Metric | Value/Status |
|---|---|
| Return on Equity | -38.30% (TTM) |
| Asset Growth | +8.93% (TTM) |
| Insider Transactions | Purchases worth C$70k |
| Analyst Consensus | Moderate Buy |
| Smart Score | Neutral |
The fundamental development shows mixed signals: While the growth in assets is positive, profitability remains weak. Nevertheless, analysts overall rate the company positively.
Opportunities & Risks for Investors
Opportunities:
- Strategic Importance: Tungsten remains a critical raw material.
- Diversified Locations: Production in Europe and Asia reduces geopolitical risks.
- Strong Stock Performance: The rally indicates strong market confidence.
- Analyst targets far exceed current price levels.
Risks:
- Volatility in commodity prices
- Operational challenges in expanding new projects