Almonty Industries clears mega convertible deal, shares extend strong tungsten rally
22.06.2026 - 15:45:47 | ad-hoc-news.de
By Julia Schmitt, Sector & Peer Group desk. Reviewed prior to publication on 2026-06-22, 15:41.
Almonty Industries (CA0203987072) has completed an 800 million US dollar convertible bond financing and put 83 million US dollars aside for anti-dilution protection, according to a report on 22 June 2026. The tungsten producer is listed on Nasdaq under the ticker ALM and trades in Europe on venues such as Tradegate and Stuttgart.
What the financing changes
The recent analysis by Börse Global states that Almonty Industries placed convertible bonds with a total volume of 800 million US dollars, a size that would normally pressure an issuer’s equity valuation noticeably. Instead, the report notes that the stock recovered after a brief weak phase and then continued to advance, supported by the 83 million US dollar anti-dilution protection package that the management structured for existing shareholders. The Börse Global article from 22 June 2026 underlines that this anti-dilution element is designed to shield investors from the usual impact of such a large convertible issue.
According to data collated by platforms that track Nasdaq trading, Almonty Industries’ equity value has risen sharply over the past twelve months, with one German-language analysis pointing to a gain of around 460 percent over that period as the company brought a key tungsten project into operation and started reporting more substantial production figures. Sector commentary regularly compares Almonty to other resource names, emphasizing its focus on tungsten rather than the oil and gas exposure seen at peers like Deutsche Rohstoff. A further Börse Global piece on Almonty’s pricing framework also highlights the company’s use of minimum-price agreements for molybdenum output connected to its projects.
Friday sector context and price levels
On German markets, quote services show Almonty Industries traded recently around 16.70 to 16.75 euros, for example 16.75 euros at approximately 15:09 on 22 June 2026 on TTMzero real-time data, corresponding to a market capitalization in the mid-single-billion-euro range. On Tradegate, wallstreet-online and onvista price overviews list the stock with intraday gains of around 2 to 3 percent, while the Nasdaq listing last closed near 18.81 US dollars, up 2.90 percent in the previous US trading session. Onvista’s multi-venue snapshot for Almonty documents these levels and shows trading activity on Stuttgart and LS Exchange as well.
Over a 52-week horizon, wallstreet-online data indicate that Almonty Industries shares on Tradegate have traded between 2.76 euros at the low and 20.61 euros at the high, illustrating the scale of the move since mid-2025. The same source points out that the current price still sits below the 52-week peak but far above last year’s trough, while the stock’s listing details confirm the Nasdaq symbol ALM and the German WKN A414Q8. The wallstreet-online profile page for Almonty Industries also summarizes historical revenue-per-share figures and underlines the company’s Canadian domicile in Toronto.
All news and data on the Almonty Industries shares
Charts, historical performance, and additional company disclosures on Almonty Industries can be found in the dedicated topic section and on the company’s own investor relations pages.
How Almonty earns its money
Almonty Industries generates the bulk of its revenue from mining, processing and selling tungsten concentrates and, to a lesser extent, related metals such as molybdenum from its portfolio of projects. The company’s flagship asset is the Sangdong tungsten mine in South Korea, which has been brought into operation as one of the largest high-grade tungsten deposits outside China and is positioned to supply industries that rely on tungsten powders and hardmetals for cutting tools, automotive components and electronics.
Where the stock trades now
The Almonty Industries shares (CA0203987072) most recently traded on Tradegate around 16.70 euros on 2026-06-22, 15:09, while the Nasdaq listing last closed at about 18.81 US dollars on 2026-06-18.
Key data on the Almonty Industries shares
- Company: Almonty Industries Inc.
- ISIN: CA0203987072
- WKN: A414Q8
- Ticker: ALM
- Trading venue: Nasdaq, Tradegate
- Price (as of 2026-06-22, 15:09): 16.75 EUR
- Market cap: 4.8 billion EUR (as of 2026-06-22)
- Sector / industry: Materials, tungsten mining
- Index membership: not part of a major headline index such as S&P 500 or DAX
- Next earnings date: 2026-08-13
This article is for informational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any securities. Figures and market data are based on sources believed to be reliable at the time of writing but may change without notice.
