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The latest announcement is out from Almonty Industries ( (TSE:AII) ).
On July 7, 2025, Almonty Industries announced its application to list on the Nasdaq Capital Market alongside launching a public offering of common shares in the U.S. The proceeds are intended to fund a tungsten oxide facility and for corporate purposes. This move aims to strengthen Almonty’s position as a key tungsten supplier amid rising geopolitical tensions, with trading on Nasdaq expected to commence post-offering pricing.
The most recent analyst rating on (TSE:AII) stock is a Buy with a C$5.00 price target. To see the full list of analyst forecasts on Almonty Industries stock, see the TSE:AII Stock Forecast page.
More about Almonty Industries
Almonty Industries Inc. is a global producer of tungsten concentrate, operating in conflict-free regions. The company is involved in mining, processing, and shipping tungsten concentrate from its Panasqueira Mine in Portugal, with ongoing construction at its Sangdong Mine in South Korea, historically one of the largest tungsten mines globally. Almonty also has a significant molybdenum resource and additional projects in Spain.
Average Trading Volume: 395,085
Technical Sentiment Signal: Buy
Current Market Cap: C$1.43B
Find detailed analytics on AII stock on TipRanks’ Stock Analysis page.