Almonty

Mines tungsten, a very hard metal, in South Korea and Portugal.

Company Health

/100

Mixed

A quick check of the business from its yearly reports (2024–2025). It doesn’t say whether the stock is a good buy.

Does it make money?

0 of 25 · Poor

It lost money last year: C$498 of every C$100 in sales.

Is it growing?

20 of 25 · Good

Sales grew about 13% over the last year.

Can it handle what it owes?

25 of 25 · Good

It holds more cash than everything it owes.

Who owns it

None of the 23 funds we follow reported owning Almonty in their latest reports. Duquesne sold all their shares in their latest report.

bought lately

owns it

doesn’t own it

Didn’t report owning it: Whale Rock, Appaloosa, Melqart, Coatue, D1 Capital, Light Street, Lone Pine, Third Point, TCI, Pershing Square, Duquesne, Himalaya Capital, Greenlight, Giverny Capital, Fundsmith, Semper Augustus, Akre

Their letters don’t mention it: Arquitos, Laughing Water, Alluvial, Bireme, Kingdom Capital, Saga Partners

From each fund’s latest 13F report (Jun 30, 2026). Funds that don’t file one: from their own letters.

The numbers

From Almonty’s yearly reports, in Canadian dollars. Tap a year to see its figures.

Sales and profit

Sales grew from C$28.8 million in 2024 to C$32.5 million in 2025, and it lost money in both years.

2025

Sales

C$32.5 million

Loss

C$162 million

What it owns and what it owes

At the end of 2025 it owned C$590 million, including C$268 million in cash, and owed C$232 million.

Key facts

From its yearly report for 2025.

Sales

C$32.5 million

Loss

C$162 million

Cash in the bank

C$268 million

Everything it owes

C$232 million

Year ends

December

Money shown in

Canadian dollars

Latest yearly report

40-F, filed Mar 19, 2026

Figures from Almonty’s yearly reports to the SEC (EDGAR), collected Oct 12, 2026.

Not investment advice. Holdings come from public SEC reports and the funds’ own letters, and can be up to 4½ months old. How this works