Almonty Industries is trading 4.58% up now at $18.50 after GBC AG initiated coverage with a Buy rating and a $30.00 price target on August 20, 2026.
- The Sangdong mine has begun processing stockpiled ore, supporting its transition toward revenue-generating tungsten production.
- Momentum was also reinforced by a planned $300 million share repurchase program and strong second-quarter profitability.