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Almonty reports Q3 EPS 13c, consensus (1c)

Reports Q3 revenue $8.7M, consensus $11.36M. Lewis Black, chairman, president and CEO, commented: “The third quarter marked a defining inflection point for Almonty (ALM) – with construction at Sangdong now substantially complete and ramp-up underway, we are transitioning from development to production at what will soon become the Western world’s largest tungsten mine. Our successful Nasdaq listing earlier this year positions Almonty as a cornerstone supplier of a critical mineral essential to defense and advanced manufacturing supply chains increasingly constrained by geopolitical tensions with China.”

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