What Happened
Almonty Industries Inc. (ALI1.DE) stock experienced a significant increase of 14.45% intraday, reaching €14.26 on XETRA on February 25, 2026. This surge positions it among Germany’s top gainers for the day, with trading volume hitting 248,487 shares, surpassing the average of 218,504 shares. The stock’s price movement follows a multi-month rally from €1.41, nearing its year high of €14.30.
Why It Matters
The rise in ALM stock is attributed to heightened market interest in tungsten, driven by reports of stronger tungsten prices and updated research coverage from Couloir Capital. This report highlighted improved pricing for tungsten concentrates, which has been a catalyst for the stock’s performance. Additionally, short interest dynamics and a concentrated share base have amplified the stock’s movements, attracting momentum flows from regional mining comparisons.
What’s Next
Looking ahead, analysts have sharply raised Almonty’s valuation, with Couloir Capital increasing its fair value estimate from CAD 7.69 to CAD 19.30 per share. Despite this bullish outlook, Couloir maintained a ‘Hold’ recommendation on the stock. Investors will be closely monitoring how Almonty navigates the challenges of maintaining its valuation amidst fluctuating tungsten prices and supply constraints, particularly in light of Chinese export controls and U.S. defense policy.