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Forecast

The analysts' average price target is €20.80 (+161.96%). The median is €21.08 (+165.49%).

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Almonty reaches commercial operation at Sangdong; analysts see price targets of $13 to $25

Almonty received approval for commercial operations at Sangdong and can now process and sell ore as tungsten concentrate. According to the company, more than 90% of Phase‑I production is contractually committed for 21 years, reducing off‑take risks. The stock rose after analyst reports: Stifel initiated coverage with a "Buy" and a $25 price target, while Goldman Sachs views the stock as fairly valued at $13. The decisive factor now is a successful production ramp‑up; delays or lower recoveries could weigh on results. » More on deraktionaer.de

In 2014, Almonty Industries has already paid €0.0213 in dividends. The last payout was in September 2014.

In the last quarter, Almonty Industries had revenue of €26.51m and net profit of €112.09m