Almonty stock price jumps as analyst target hikes put tungsten squeeze back in play
Almonty Industries shares surged 13.4% to $12.87 midday Tuesday after Alliance Global Partners raised its price target to $14. Trading volume topped 4.2 million shares. Tungsten prices broke $1,000 per MTU, with Sphene Capital lifting its 36-month target to C$20.10. Investors await Almonty’s Q4 earnings on March 26.