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Almonty Industries Inc T.AII

Alternate Symbol(s):  ALMTF

Almonty Industries Inc. is a Canada-based company, which is engaged in the mining, processing and shipping of tungsten concentrate, as well as the exploration and evaluation of its projects. The Company operates through four segments: Los Santos Mine, Panasquiera Mine, Valtreixal Project, and Woulfe. The Los Santos Mine is located in Spain whose operations relate to the exploration and mining of Tungsten. The Panasqueira Mine is located in Covilha Castelo Branco, Portugal, whose operations relate to the exploration and mining of tungsten, as well as the production of copper and tin concentrate by-products. The Valtreixal Project is located in Spain whose operations relate to the exploration and evaluation activities of the Valtreixal tin/tungsten project. Woulfe’s properties are located in Gangwon Province, Republic of Korea. The Woulfe's operations relate primarily to the exploration, evaluation and development of the Sangdong Project.


TSX:AII - Post by User

Comment by 1dollarinto2on Jun 13, 2023 11:05am
133 Views
Post# 35493641

RE:RE:Sphene Upgrade to $1.69

RE:RE:Sphene Upgrade to $1.69Ya me not so much either before Almonty started posting there. So there isn't an article much of an article, mostly just the link I shared. Here is what was there:

Sphene Capital analysts in Germany have recently renewed their buy recommendation for Almonty Industries' shares following the release of Almonty's latest quarterly figures. 

As a result, the price target has been raised from CAD $1.59 to CAD $1.69. Presently trading at CAD $0.61, Almonty Industries' shares hold a promising upside potential of approximately 170%.
 
Almonty Industries is on track to become one of the largest #tungsten producers outside China. With a valuation of approximately CAD 169 million, the company aims to bring the largest tungsten mine outside China into operation early next year.
 
Read on to dive deeper into this exciting opportunity and discover why Almonty Industries is capturing attention in the market with this insightful article by News.Financial. Don't miss out on this countdown to potential gains!
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