Almonty Industries Inc. is trading 4.1% down at $15.77, extending weakness following its recently priced $700 million oversubscribed convertible senior notes offering.
- The financing, which came at a 32.5% premium to the June 4 share price of $20.68, has sparked investor concerns regarding potential share dilution.
- The stock is facing additional pressure from a broader sell-off in cryptocurrencies and risk assets as investors look ahead to the company’s annual general meeting on June 9, 2026.