Almonty Industries stock fell 3.00 percent to EUR 8.73 on October 16

Published on 10/17/2026 at 19:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Almonty Industries stock costs EUR 8.73 on October 16, 2026, down 3.00 percent versus Xetra close. Oppenheimer cut its target to USD 19 from USD 25.

Price move and analyst target

Almonty Industries stock fell 3.00 percent on October 16, 2026.
Oppenheimer cut its target from USD 25 to USD 19 on October 15, 2026.
Almonty Industries stock was last at EUR 8.73 at Lang & Schwarz on October 16, 2026 at 11:00 p.m. CEST, 3.00 percent below the Xetra close of October 16, 2026.
Almonty will host an investor day on October 19, 2026.

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Almonty Industries stock (ISIN CA0203987072) fell 3.00 percent to EUR 8.73 on October 16, 2026, measured against the Xetra close of EUR 9.00. The move puts the German-market quote below the latest analyst target change and ahead of Almonty's investor day.

Oppenheimer lowers its target

Oppenheimer analyst Ian Zaffino cut the price target for Almonty from USD 25 to USD 19 on October 15, 2026, while keeping an Outperform rating, according to Markets Insider. Against the USD 9.83 Nasdaq price on October 16, the revised target stood 93.29 percent higher.

The latest quarterly figures provide a separate operating reference. In the second quarter of 2026, revenue reached USD 42.99 million, operating profit was USD 11.08 million, and operating cash flow was USD 21.93 million. Net income was USD 181.80 million, including the period's reported earnings profile.

Price position remains wide

The Nasdaq quote closed at USD 9.83 on October 16, 2026, down 2.67 percent from USD 10.10. The same session recorded a USD 9.71 low and a USD 10.43 high, while volume reached 5,994,908 shares against an average of 6,574,103 shares. The 52-week range extended from USD 5.43 to USD 24.41.

On October 13, 2026, Almonty Industries announced an investor day for October 19, 2026. The event is scheduled as a webcast at 9:00 a.m. Eastern time, according to the company's investor page.

Comparison with peers

Almonty Industries: minus 3.00 percent, P/E 81.79, market capitalization USD 2.8 billion
MP Materials (NYSE, USD): minus 3.46 percent, P/E minus 117.22, market capitalization USD 7.2 billion
Energy Fuels (NYSE American, USD): minus 1.17 percent, P/E minus 25.28, market capitalization USD 2.2 billion

Dates and valuation

Almonty's investor day is scheduled for October 19, 2026. The company reported USD 1.23 billion in cash at the end of the second quarter of 2026, compared with USD 259.85 million at the end of the first quarter.

Trading level in Germany

The last available Lang & Schwarz quote was EUR 8.73 on October 16, 2026 at 11:00 p.m. CEST, or 3.00 percent below the Xetra close of EUR 9.00 on October 16, 2026. On the Nasdaq, Almonty closed at USD 9.83 on October 16, 2026.

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