Almonty Shares Take a Breather Following Stellar Run

Almonty CA0203981034

After an extraordinary period of gains, Almonty Industries Inc. shares are experiencing a pullback in today's trading session. The stock is down approximately 4%, trading near €7.60. This movement is widely viewed as a standard consolidation phase following an exceptional rally that saw the equity appreciate by over 840% in 2025.

The company's recent share price performance is intrinsically linked to its aggressive growth strategy. A key driver is the imminent commercial launch of the Sangdong tungsten mine in South Korea. Having completed its first ore shipment in late 2025, the facility is now transitioning to full-scale production, which is set to significantly alter the company's operational profile.

Concurrently, Almonty is bolstering its footprint in North America. The acquisition of the Gentung Browns Lake tungsten project in Montana, USA, was finalized in November. This transaction secures additional resources in a market increasingly focused on securing supply chains for critical minerals.

Measurable Operational Milestones

Current investor focus rests on several concrete operational metrics and project timelines:

Should investors sell immediately? Or is it worth buying Almonty?

• South Korea (Sangdong): Commercial production is imminent, with initial ore deliveries already confirmed.
• Portugal (Panasqueira): Implementation of the Level-4 operations plan is currently underway.
• Drilling Program: A €2.5 million budget has been allocated for 14,000 meters of drilling over a twelve-month period.
• USA (Montana): Integration of the newly acquired Browns Lake project is progressing following the November deal closure.

These points demonstrate that the company's expansion is backed by actionable steps, not merely announcements.

Technical Pause After Historic Gains

Despite this operational progress, the stock is undergoing a short-term technical correction. The decline to the €7.60 area appears to be a natural reaction after the security advanced by more than 840% year-to-date.

Execution is now the critical watchword, particularly for the drilling campaign in Portugal and the production ramp-up in South Korea. The planned 14,000-meter drill program at Panasqueira aims to extend the life of existing assets, while new capacity is being brought online in Asia and North America.

The committed €2.5 million investment in exploration and development underscores management's active pursuit of expanding the resource base. Successful execution of these projects as planned would provide the fundamental justification for the company's current valuation levels, even as the share price experiences a temporary setback.