Almonty Shares Under Pressure Following Steep Quarterly Loss

Almonty Industries has reported deeply disappointing financial results for the second quarter of 2025, sending shockwaves through the market. The company posted a net loss of $58.2 million, a dramatic surge from the $1.8 million loss recorded in the same period last year. Concurrently, revenue contracted by 9.4%, falling to $7.2 million.

The bleak figures prompted an immediate and severe reaction from research analysts. Eight market strategists collectively made deep cuts to their 2025 revenue projections for the tungsten producer. The consensus forecast was reduced by 22%, dropping from C$59 million to C$46 million. This substantial downward revision signals mounting pessimism regarding the company’s near-term operational outlook.

A detailed look into the loss reveals that a significant portion, $45 million, was attributed to non-cash valuation adjustments. The Read more...