Almonty Industries Inc. is trading 4.2% up now at $18.72, extending a sharp multi-day rebound following a heavily oversubscribed $700 million financing package.
- The funding is viewed by investors as significantly de-risking the company's growth plans while providing substantial balance sheet strength.
- Buying interest remains elevated as the capital supports key tungsten growth projects, allowing the stock to re-rate higher despite softer crypto prices and mixed broader equity markets.