Almonty Industries (ALM) Stock Today: Sangdong Tungsten Milestone, Fresh Funding, Analyst Targets, and What to Watch Before the Open
Almonty Industries began commercial mining at its Sangdong tungsten mine in South Korea, delivering first ore to the ROM pad on December 16. Shares traded near $9.44 in pre-market Friday, up 6.8%. The company recently completed a U.S. equity raise to fund further tungsten projects. U.S. markets were set for a light post-Christmas session, with Nasdaq opening at 9:30 a.m. ET.