Almonty Management Commentary: Higher Tungsten Prices Drive Q3 2026 Revenue Growth of 382%
Bitget2026/11/13 05:15- Almonty Industries' management commentary reported third-quarter 2026 net income of CAD 50.24 million, up from CAD 33.19 million a year earlier.
- Management attributed revenue growth of 382% to CAD 41.89 million to significantly higher APT concentrate selling prices.
- Panasqueira production fell 11.9% as less ore was mined and processed; shipment volumes declined 12.6%.
- Embedded derivative liability valuation gains totaled CAD 104.67 million, partly offset by embedded derivative asset valuation losses of CAD 57.08 million.
- Mine production costs rose to CAD 15.37 million from CAD 6.92 million, with royalties accounting for most of the increase.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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