Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Almonty Industries ( (TSE:AII) ) just unveiled an announcement.
On October 10, 2025, Almonty Industries Inc. announced it has initiated legal proceedings against Pure Tungsten Inc. in the Ontario Superior Court of Justice. The action seeks to address false and misleading statements made by Pure Tungsten about Almonty, its Sangdong Mine, and past involvement of Mr. Tiger Kim. Almonty is requesting the court to restrain Pure Tungsten from disseminating false information and to compel corrective disclosures. The company emphasizes its commitment to market integrity and protecting its shareholders from misinformation.
The most recent analyst rating on (TSE:AII) stock is a Buy with a C$11.00 price target. To see the full list of analyst forecasts on Almonty Industries stock, see the TSE:AII Stock Forecast page.
Spark’s Take on TSE:AII Stock
According to Spark, TipRanks’ AI Analyst, TSE:AII is a Neutral.
The overall stock score is primarily impacted by the company’s weak financial performance, characterized by high leverage and persistent losses. Technical analysis provides some positive signals with moderate bullish momentum, but the negative P/E ratio and lack of dividend yield weigh heavily on the valuation, resulting in a lower overall score.
To see Spark’s full report on TSE:AII stock, click here.
More about Almonty Industries
Almonty Industries Inc. is a leading global producer of tungsten concentrate, a strategic metal crucial for defense and advanced technology sectors. The company operates the Sangdong Mine in South Korea, historically one of the largest and highest-grade tungsten deposits worldwide, and is expected to supply over 80% of global non-China tungsten production. Almonty also has operations in Portugal and projects in Spain, aligning with the rising demand from Western allies focused on supply-chain security and defense readiness.
Average Trading Volume: 471,513
Technical Sentiment Signal: Buy
Current Market Cap: C$2.36B
Learn more about AII stock on TipRanks’ Stock Analysis page.