Alliance Global analyst Jake Sekelsky raised the firm’s price target on Almonty (ALM) to $14 from $9.50 and keeps a Buy rating on the shares. The firm cites the company’s strategic initiatives and continued strength in tungsten prices for the target boost. Almonty’s equity financing and the start of active mining operations at Sangdong set the stage for significant growth in 2026, the analyst tells investors in a research note.
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