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INDICATIVE · SAMPLE DATA
AII$27.2958

Almonty Industries Inc

Specialty Mining & MetalsVerified

Almonty Industries Inc has a market capitalization of CAD 7.74 billion and a price-to-book ratio of 154.04, indicating a high valuation relative to its book value. The company's liquidity position is characterized by a current ratio of 0.77, suggesting that it has less current assets than current liabilities, which could pose a liquidity risk. The debt-to-equity ratio of 2.64 indicates a significant reliance on debt financing, which may increase financial risk. In terms of profitability, Almonty Industries Inc reported a net loss of CAD 1.79 million and an operating loss of CAD 0.87 million, which is below the industry median for profitability metrics. The company's return on equity is -3.57%, and its return on assets is -0.78%, both of which are negative and indicate poor performance relative to its equity and asset base. The company's revenue is primarily derived from its operations in China and Korea, with a significant concentration in these regions. This geographic concentration may expose the company to regional economic and political risks. The company's revenue for the latest period was CAD 7.94 million, and there is no indication of significant diversification across business segments. Almonty Industries Inc's growth trajectory is currently negative, with an operating cash flow of -CAD 5.42 million and a free cash flow of -CAD 10.16 million. The company's capital expenditure of -CAD 16.23 million indicates ongoing investment in its operations, but the negative cash flows suggest that the company is not generating sufficient cash to support these investments. The company faces several risk factors, including a negative net cash position after subtracting total debt, which could limit its ability to fund operations and investments. The risk assessment indicates a medium liquidity risk and a low dilution risk, suggesting that while the company may face liquidity challenges, it is not currently at high risk of equity dilution. Recent events and filings do not indicate any significant changes in the company's operations or financial position. The company's price target from analysts ranges from CAD 9.00 to CAD 28.60, with a mean price target of CAD 19.09 and a median price target of CAD 19.30. The mean recommendation from analysts is 1.75, indicating a generally positive outlook, with 3 strong-buy ratings, 4 buy ratings, and 1 hold rating.

30-day price · AII-2.76 (-14.1%)
Low$16.19High$20.29Close$16.77As of8 Jun, 00:00 UTC
Profile
CompanyAlmonty Industries Inc
TickerAII.TO
SectorBasic Materials
BusinessMineral Resources
Industry groupMineral Resources
IndustrySpecialty Mining & Metals
AI analysis

Business. Almonty Industries Inc is a specialty mining and metals company that operates in the production and processing of rare earth elements and tungsten, primarily through its assets in China and Korea.

Classification. Almonty Industries Inc is classified under the Basic Materials economic sector, within the Mineral Resources business sector, and the Specialty Mining & Metals industry, with a classification confidence of 0.92.

Almonty Industries Inc has a market capitalization of CAD 7.74 billion and a price-to-book ratio of 154.04, indicating a high valuation relative to its book value. The company's liquidity position is characterized by a current ratio of 0.77, suggesting that it has less current assets than current liabilities, which could pose a liquidity risk. The debt-to-equity ratio of 2.64 indicates a significant reliance on debt financing, which may increase financial risk. In terms of profitability, Almonty Industries Inc reported a net loss of CAD 1.79 million and an operating loss of CAD 0.87 million, which is below the industry median for profitability metrics. The company's return on equity is -3.57%, and its return on assets is -0.78%, both of which are negative and indicate poor performance relative to its equity and asset base. The company's revenue is primarily derived from its operations in China and Korea, with a significant concentration in these regions. This geographic concentration may expose the company to regional economic and political risks. The company's revenue for the latest period was CAD 7.94 million, and there is no indication of significant diversification across business segments. Almonty Industries Inc's growth trajectory is currently negative, with an operating cash flow of -CAD 5.42 million and a free cash flow of -CAD 10.16 million. The company's capital expenditure of -CAD 16.23 million indicates ongoing investment in its operations, but the negative cash flows suggest that the company is not generating sufficient cash to support these investments. The company faces several risk factors, including a negative net cash position after subtracting total debt, which could limit its ability to fund operations and investments. The risk assessment indicates a medium liquidity risk and a low dilution risk, suggesting that while the company may face liquidity challenges, it is not currently at high risk of equity dilution. Recent events and filings do not indicate any significant changes in the company's operations or financial position. The company's price target from analysts ranges from CAD 9.00 to CAD 28.60, with a mean price target of CAD 19.09 and a median price target of CAD 19.30. The mean recommendation from analysts is 1.75, indicating a generally positive outlook, with 3 strong-buy ratings, 4 buy ratings, and 1 hold rating.
Key takeaways
  • Almonty Industries Inc has a high price-to-book ratio of 154.04, indicating a high valuation relative to its book value.
  • The company's liquidity position is weak, with a current ratio of 0.77 and a debt-to-equity ratio of 2.64.
  • Almonty Industries Inc reported a net loss of CAD 1.79 million and an operating loss of CAD 0.87 million, indicating poor profitability.
  • The company's revenue is concentrated in China and Korea, exposing it to regional economic and political risks.
  • Analysts have a generally positive outlook on the company, with a mean price target of CAD 19.09 and a mean recommendation of 1.75.
  • # RATIONALES
  • {
  • "margin_outlook_rationale": "The company's margin outlook is negative due to its reported net loss and operating loss.",
Financial snapshot
PeriodHA-latest
CurrencyCAD
Revenue$7.9M
Gross profit$1.2M
Operating income-$865.0k
Net income-$1.8M
R&D
SG&A
D&A
SBC
Operating cash flow-$5.4M
CapEx-$16.2M
Free cash flow-$10.2M
Total assets$231.2M
Total liabilities$180.9M
Total equity$50.3M
Cash & equivalents
Long-term debt$132.8M
Annual history (last 5)
PeriodRevenueOp IncomeNet IncomeFCF
FY-4$20.8M-$5.1M-$7.8M-$15.3M
FY-3$24.8M-$7.4M-$14.5M-$35.7M
FY-2$22.5M-$5.9M-$8.8M-$24.9M
FY-1$28.8M-$6.9M-$16.3M-$51.0M
FY0$32.5M-$29.2M-$161.9M-$220.8M
PeriodGross %Op %Net %FCF %
FY-4
FY-3
FY-2
FY-1
FY0
PeriodAssetsEquityCashDebt
FY-4$165.9M$37.5M
FY-3$192.8M$39.8M
FY-2$235.3M$48.5M
FY-1$256.3M$39.1M
FY0$589.7M$357.8M
PeriodOCFCapExFCFSBC
FY-4-$8.4M-$10.0M-$15.3M
FY-3-$5.6M-$22.8M-$35.7M
FY-2-$11.7M-$17.5M-$24.9M
FY-1-$7.5M-$36.2M-$51.0M
FY0-$19.1M-$60.8M-$220.8M
Quarterly history (last 4)
PeriodRevenueOp IncomeNet IncomeFCF
FQ-7$7.9M-$865.0k-$1.8M-$10.2M
FQ-6$6.8M-$2.1M-$5.3M-$11.8M
FQ-5$6.3M-$2.6M-$5.4M-$18.3M
FQ-4$7.9M-$3.5M-$34.6M-$42.0M
FQ-3$7.2M-$11.8M-$58.2M-$64.9M
FQ-2$8.7M-$3.1M$33.2M-$1.8M
FQ-1$8.7M-$10.8M-$102.3M-$112.1M
FQ0$25.4M
PeriodGross %Op %Net %FCF %
FQ-7
FQ-6
FQ-5
FQ-4
FQ-3
FQ-2
FQ-1
FQ0
PeriodAssetsEquityCashDebt
FQ-7$231.2M$50.3M
FQ-6$255.3M$55.7M
FQ-5$256.3M$39.1M
FQ-4$279.0M$18.1M
FQ-3$315.6M$10.5M
FQ-2$433.1M$171.3M
FQ-1$589.7M$357.8M
FQ0$356.9M
PeriodOCFCapExFCFSBC
FQ-7-$5.4M-$16.2M-$10.2M
FQ-6-$9.2M-$23.0M-$11.8M
FQ-5-$7.5M-$36.2M-$18.3M
FQ-4-$4.4M-$7.8M-$42.0M
FQ-3-$17.6M-$14.9M-$64.9M
FQ-2-$6.8M-$50.5M-$1.8M
FQ-1-$19.1M-$60.8M-$112.1M
FQ0$9.7M-$21.8M
Valuation
Market price$27.29
Market cap$7.74B
Enterprise value$7.88B
P/E
Reported non-GAAP P/E
EV/Revenue992.2
EV/Op income
EV/OCF
P/B154.0
P/Tangible book154.0
Tangible book$50.3M
Net cash-$132.8M
Current ratio0.8
Debt/Equity2.6
ROA-0.8%
ROE-3.6%
Cash conversion3.0%
CapEx/Revenue-2.0%
SBC/Revenue
Asset intensity
Dilution ratio0.0%
Risk assessment
Dilution riskLow
Liquidity riskMedium
  • Net cash is negative after subtracting total debt.
Industry benchmarks
Activity: Specialty Mining & Metals · cohort 307 companies
MetricAIIActivity
Op margin-10.9%4.1% medp25 -6.2% · p75 12.5%bottom quartile
Net margin-22.6%2.6% medp25 -6.0% · p75 8.3%bottom quartile
Gross margin15.3%14.5% medp25 5.8% · p75 29.6%above median
CapEx / revenue-204.5%-7.2% medp25 -30.4% · p75 -2.2%bottom quartile
Debt / equity264.0%12.1% medp25 0.1% · p75 79.1%top quartile
Observations
IR observations
Mean price target19.09 CAD
Median price target19.30 CAD
High price target28.60 CAD
Low price target9.00 CAD
Mean recommendation1.75 (1=strong buy, 5=strong sell)
Strong-buy count3.00
Buy count4.00
Hold count1.00
Sell count0.00
Strong-sell count0.00
Mean EPS estimate0.68 CAD
Last actual EPS-0.78 CAD
Source data
Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.
Company fundamentalsperiod FQ-7 · history via verified-market-data
no public URL
2026-05-16 00:49 UTC#e880be88
Source: analysis-pipeline (hybrid)Generated: 2026-05-27 07:20 UTCJob: d3a9ced5