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Almonty Industries Inc. (AII.TO) Sees 7% Drop Amid Delisting News

By Qayyum Rajan, CFA -

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Almonty Industries Inc. has dropped 7% over the past week, mainly due to investor concerns after announcing its voluntary delisting from the TSX. This decision raises questions about the company's future trading dynamics and market presence.

In the last week, Almonty Industries Inc. (AII.TO) saw a significant decline in share price, falling 7%. The company's choice to voluntarily delist from the Toronto Stock Exchange, effective July 31, 2026, has created uncertainty among investors, especially regarding its trading volume and visibility in the Canadian market. As Almonty shifts its focus primarily to the Nasdaq, this change could affect its market cap of about CA$4.4 billion.

Investor takeaway: Long-term investors should keep an eye on Almonty's transition, as it could reshape its market profile and trading dynamics.

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Almonty Industries Inc

AII.TO

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AII.TO

Almonty Industries Inc

Source:WealthAwesomeWealthAwesome
$3.71 (-19.30%)
120 day period
$15.37$23.72$32.07Feb 10May 7Jul 31

Market cap

$4.40B

52W high

$33.35

52W low

$5.35

1W change

-9.93%

Beta

2.05

Analyst Price Targets

Based on analyst covering AII

📈

Wall Street analysts forecast AII stock price to rise 79.2% over the next 12 months.

Consensus

Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$27.80

+79.2% Upside

Current Price

C$15.51

Last close

Compare analyst targets across the TSX & TSXV →

Analyst ratings and price targets are updated periodically. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on AII's historical volatility

HistoricalForecast68%95%
C$4.26C$11.30C$18.34C$25.37C$32.41C$39.44TodayMar 25May 29Jul 31Sep 12Oct 26Dec 8

30-Day Vol

90.6%

Annualized

90-Day Vol

97.5%

Annualized

Trend (90d)

-50.0%

Annualized drift

90d Mean

C$12.97

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$14.61C$10.69C$19.97
60 trading daysC$13.77C$8.85C$21.42
90 trading daysC$12.97C$7.55C$22.29

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

Almonty's 7% Weekly Decline Reflects Investor Concerns

The 7% drop in Almonty Industries' share price over the past week highlights growing investor worries about its upcoming delisting from the TSX. This decline suggests a potential reevaluation of the company's market position as it focuses on the Nasdaq, where it aims to boost trading volume and visibility.

Bull case

Potential for Increased Focus on U.S. Market:

  • The Nasdaq listing could give Almonty more exposure to U.S. investors, which may improve liquidity.
  • A concentrated focus on its main trading venue might lower costs related to maintaining a dual listing.
  • Being included in the S&P/TSX Global Mining Index shows its growing importance in the mining sector, especially in tungsten supply for defense needs.

Bear case

Risks of Reduced Visibility and Volume:

  • Delisting from the TSX might reduce visibility among Canadian investors, affecting trading volume and interest.
  • This shift could create uncertainty about future financing opportunities, particularly if Canadian investors become less engaged.
  • Market perception may turn negative if the delisting is seen as a sign of weakness or instability.

Why Almonty's Delisting Matters

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Almonty Industries' decision to delist from the TSX is significant as it marks a strategic shift towards the Nasdaq, where most of its trading volume occurs. This move could streamline its operations and cut costs associated with maintaining a TSX listing. However, it also raises concerns about its visibility and accessibility to Canadian investors, who may be less likely to follow a company that is no longer listed on a major Canadian exchange.

Market Reaction to Almonty's Shift

The market's response to Almonty's announcement has been largely negative, as shown by the 7% drop in share price over the past week. Investors seem to be reassessing the company's future prospects in light of its delisting, which could lead to lower trading volume and interest from Canadian investors. While the transition to the Nasdaq may open up new opportunities, the immediate market reaction suggests a cautious outlook.

What to Watch Next for Almonty Industries

As Almonty prepares for its delisting, investors should monitor its trading performance on the Nasdaq and any updates regarding its operations and financial health. The company's ability to maintain investor interest and market liquidity will be crucial as it moves away from the TSX. Additionally, any announcements about future financing or partnerships could significantly influence its market perception and share price.

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✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

📊 Data AccuracyVerified sources
🇨🇦 Canadian FocusLocal expertise
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⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: August 5, 2026
Last Updated: August 5, 2026

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