Almonty Industries
Nasdaq · ALM
Market cap USD
$4.01B
- Price
- $13.72
- Day
- +10.65%
- Volume
- $158M
- 52-week
- $5.44 – $24.41
11.5M shares
Pre/after-hours $13.90 · +10.65%
Volframi
The Duel
Almonty Industries (Nasdaq: ALM) versus EQ Resources (ASX: EQR). Both market caps in USD; EQR converted at the AUD/USD rate.
Updated
04:53:45 EEST
Closed
EQ Resources
ASX · EQR
Market cap USD
$1.64B
A$2.33B
- Price
- A$0.45
- Day
- −10.00%
- Volume
- $10M
- 52-week
- A$0.028 – A$0.545
31.2M shares
Gap to Almonty
$2.37B
EQR is 40.8% of Almonty
ALM$4.01B
EQR$1.64B
Catch-up arithmetic
At current pace, November 8, 2026
At the net catch-up below, the $2.37B gap closes in about 30 trading days. Assumes both paces continue — not a promise.
- EQR catch-up price
- A$1.102
- Required upside
- +145%
- Net catch-up
- +$80M/day
Now A$0.45
If ALM and AUD/USD hold
EQR pace minus ALM pace — sets the date
- EQR pace
- +$5M/day
- Almonty pace
- −$75M/day
Own USD market-cap change · 20 trading days
Own USD market-cap change · 20 trading days
Arithmetic on recent pace — not a promise or a recommendation.
Market cap USD
The race
AlmontyEQ Resources