Almonty Industries is trading 10% higher at $13.64 after Stifel initiated coverage on September 25, 2026, with a Buy rating and a $25 price target.

  • Stifel highlighted expanding tungsten production and strategic positioning.
  • Shares declined 8.96% to $12.40 on September 24, before rebounding.
  • Broader markets were modestly higher, while Bitcoin and Ethereum were nearly flat, making crypto sentiment an unlikely primary catalyst.