Almonty Industries is trading 10.54% up now at $15.31 after Diamond Equity Research released an issuer-sponsored update note on August 14, 2026, presenting an illustrative US$20 valuation and emphasizing Sangdong’s revenue-generating ramp-up.
- Q2 revenue grew 498% to C$43.0 million, alongside C$181.8 million net income.
- Substantial non-cash derivative gains influenced earnings.
- Broader markets and crypto were weaker, so they do not explain the advance.