Almonty Industries is trading 4.3% up at $14.45 after investors continued digesting the August 13 earnings release.
- Q2 revenue surged 498% YoY to $43.0 million; adjusted EBITDA turned positive at $17.6 million.
- Net income reached $181.8 million, including $173.1 million from non-cash derivative revaluation gains; cash was approximately C$1.2 billion for parallel growth projects.
- Bitcoin, Ethereum and Solana are lower since the previous close, so cryptocurrency sentiment does not explain the gain.