$ALM

Almonty Industries (ALM) said it will conduct a share buyback, citing a gap between its stock price and the value of its tungsten assets. The company links the valuation to ramping processing at its Sangdong mine in South Korea and to market concerns about tungsten shortages used in AI and defense. ALM shares rose early Monday after gains on Friday.

H World Group Ltd (HTHT) shares rose after the company reported Q2 results above expectations and raised FY26 sales guidance. It posted EPS of 78 cents versus 70 cents expected, and sales of $1.050B versus $982.8M. The article also lists gains for several other NASDAQ/NYSE stocks.

Investing.com reports Almonty Industries shares rose 5.4% pre-open after its board authorized a buyback of up to 14.4 million shares for up to $300 million, starting Aug. 24, 2026 through Aug. 24, 2029. The move follows Q2 2026 results: revenue $43.0 million, net income $181.8 million, and Adjusted EBITDA $17.6 million, plus a $25.30 average 12-month target.

Almonty Industries approved a $300 million share buyback program, according to the article. The stock is shown trading at $16.49, up 9.28% on the day and 20.46% year-to-date, with the ticker listed as MT. The move may affect share supply and investor expectations.

Insider Monkey highlights nine companies that beat Q2 EPS expectations among 350+ firms reporting by Aug. 11. Reported EPS surprises include RideNow Group (RDNW) $0.16 vs $0.13, Anterix (ATEX) $0.01 vs -$0.17, Super Micro Computer (SMCI) $1.70 vs $0.96, and Fennec Pharmaceuticals (FENC) $0.05 vs $0.01. The rest of the piece shifts to AI themes and promotional content.

Almonty Industries (Nasdaq: ALM) reported Q2 2026 results: revenue rose 498% year over year to $43.0 million, with net income of $181.8 million and adjusted EBITDA of $17.6 million. The company closed an oversubscribed $800 million 2.25% convertible notes offering and reported $1.2 billion cash at June 30, 2026. It also amended its GTP offtake agreement, extending it 6 years and raising volumes and pricing.

The article says tungsten has outperformed gold, silver and copper over the past year and that the U.S. has not mined tungsten since 2015, while China supplies about 80% of global tungsten and nearly 90% of processing. It notes a U.S. defense rule from Jan 1, 2027 banning tungsten routed through China. It highlights Blue Moon Metals (TSXV: MOON, NASDAQ: BMM) acquiring 33 tungsten and antimony projects near its Springer complex, with consideration including 2.8M shares, $5.0M cash, and a 1% NSR r

Almonty Industries received approval to delist from the ASX and, after a prior TSX delisting, will trade only on Nasdaq and Frankfurt. The company said the small share of Australian-held CDIs and ASX listing costs no longer justify three listings. The article links the move to liquidity concentration and ongoing Sangdong ramp-up and funding risks.

Almonty Industries’ shares fell to C$18.81, down 5.52% on Friday and about 44% below its April 52-week high, as the stock tests support near C$18.00. The company began processing at its Sangdong mine in South Korea and extended an offtake with Global Tungsten & Powders for 21 years, with higher volumes and prices, expected to add at least US$30m annual contract revenue and about US$490m total.

Almonty Industries began processing ore at its Sangdong tungsten mine in South Korea on July 1, moving from development to production. The company also plans to consolidate listings, with TSX trading ending July 31 and ASX delisting approved July 23, shifting liquidity to Nasdaq (ALM) and Frankfurt (ALI1). Shares fell 5.52% to C$18.81.