Almonty settles disclosure dispute involving Almonty Industries stock

Published on 10/06/2026 at 10:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Almonty Industries stock costs EUR 12.00 on October 6, 2026 versus EUR 12.05, a minus 0.41 percent change. Second-quarter 2026 revenue reached CAD 43.0 million.

Almonty Industries, CA0203987072, Illustration mit AI erstellt.

Almonty Industries (ISIN CA0203987072) was trading at EUR 12.00 at Lang & Schwarz on October 6, 2026, versus a prior close of EUR 12.05. The company secured a settlement and corrective disclosure concerning statements about Tiger Kim, according to Almonty Industries on October 2, 2026.

Settlement closes a disclosure dispute

Pure Tungsten published a clarification under the settlement after Almonty pursued corrective disclosure through proceedings in Ontario. The company said Tiger Kim never held an executive, officer, or director position at Almonty, while his limited independent-contractor role ended on December 31, 2015.

The filing gives the event a legal rather than operational character. For investors, the more material question remains whether the company can convert its tungsten production restart into repeatable revenue and cash generation.

Revenue growth meets operating execution

Second-quarter 2026 revenue rose 498.00 percent year over year to CAD 43.0 million, while income from mining operations reached CAD 26.1 million. Adjusted EBITDA improved to CAD 17.6 million from negative CAD 4.8 million in the second quarter of 2025, according to InvestorNews.

Reported net income was CAD 181.8 million in the second quarter of 2026, but CAD 173.1 million came from non-cash derivative and warrant revaluation gains. That split makes adjusted EBITDA and physical production the cleaner measures of operating progress.

Analyst view stays divided

Goldman Sachs initiated coverage with a Hold rating and a USD 13.00 price target on September 24, 2026, according to Markets Insider. The target is a separate US dollar reference and is not comparable with the EUR 12.00 Lang & Schwarz quote.

Almonty also reported CAD 1.227 billion of cash at June 30, 2026, up from CAD 268.4 million at the end of 2025, principally after its US$800 million convertible notes offering. The balance sheet gives the Sangdong ramp-up financial capacity, while commissioning still leaves execution as the central operating test.

Stock price and operating test

Almonty Industries stock was trading at EUR 12.00 at Lang & Schwarz on October 6, 2026 at 10:38 a.m. CEST, minus 0.41 percent versus the prior close of EUR 12.05. Market capitalization stood at USD 3.8 billion as of October 5, 2026.

The further course of trading is shown by the continuously updated real-time quote of Almonty Industries stock.