Sphene Capital lifts Almonty price target to CAD 37.4, keeps Buy rating
American Integrity Insurance Group, Inc.
American Integrity Insurance Group, Inc. AII | 0.00 |
- Sphene Capital raised target price on Almonty to CAD 37.4 from CAD 20.1, reiterated Buy rating in Q1 2026 update report.
- Report flagged an operational inflection point, citing a shift from speculative developer profile toward scaled commodities producer with stronger capital access.
- Q1 revenue rose to CAD 25.4 million from CAD 7.9 million, driven by improved stability at Panasqueira rather than startup at Sangdong.
- Income from mining operations increased to CAD 13 million from CAD 830,400 as costs rose more slowly than revenue.
- Valuation incorporated net present value for producing assets, including Sangdong, Panasqueira, Gentung, Los Santos, plus discounted value for Valtreixal; upside potential cited at 48.4% versus prior close CAD 25.2.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Almonty Industries Inc. published the original content used to generate this news brief via EQS News, a service of EQS Group AG (Ref. ID: rc_25802), on May 15, 2026, and is solely responsible for the information contained therein.
