WallStSmart

Almonty Industries Inc. Common Shares (ALM)vsKinross Gold Corporation (KGC)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Kinross Gold Corporation generates 9772% more annual revenue ($8.47B vs $85.80M). ALM leads profitability with a 125.2% profit margin vs 37.5%. KGC trades at a lower P/E of 11.5x. KGC earns a higher WallStSmart Score of 79/100 (B+).

ALM

Buy

57

out of 100

Grade: C

Growth: 6.7Profit: 6.5Value: 4.0Quality: 5.5
Piotroski: 4/9Altman Z: 0.58

KGC

Strong Buy

79

out of 100

Grade: B+

Growth: 9.3Profit: 10.0Value: 6.0Quality: 8.5
Piotroski: 7/9Altman Z: 2.38
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for ALM.

KGCSignificantly Overvalued (-32.4%)

Margin of Safety

-32.4%

Fair Value

$22.84

Current Price

$29.13

$6.29 premium

UndervaluedFair: $22.84Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ALM3 strengths · Avg: 10.0/10
Profit MarginProfitability
125.2%10/10

Keeps 125 of every $100 in revenue as profit

Operating MarginProfitability
37.5%10/10

Strong operational efficiency at 37.5%

Revenue GrowthGrowth
497.7%10/10

Revenue surging 497.7% year-over-year

KGC6 strengths · Avg: 10.0/10
P/E RatioValuation
11.5x10/10

Attractively priced relative to earnings

Return on EquityProfitability
32.7%10/10

Every $100 of equity generates 33 in profit

Profit MarginProfitability
37.5%10/10

Keeps 38 of every $100 in revenue as profit

Operating MarginProfitability
52.5%10/10

Strong operational efficiency at 52.5%

EPS GrowthGrowth
64.8%10/10

Earnings expanding 64.8% YoY

Debt/EquityHealth
0.0810/10

Conservative balance sheet, low leverage

Areas to Watch

ALM4 concerns · Avg: 3.3/10
Price/BookValuation
11.2x4/10

Trading at 11.2x book value

EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Debt/EquityHealth
1.473/10

Elevated debt levels

P/E RatioValuation
87.3x2/10

Premium valuation, high expectations priced in

KGC0 concerns · Avg: 0/10

No major concerns identified

Comparative Analysis Report

WallStSmart Research

Bull Case : ALM

The strongest argument for ALM centers on Profit Margin, Operating Margin, Revenue Growth. Profitability is solid with margins at 125.2% and operating margin at 37.5%. Revenue growth of 497.7% demonstrates continued momentum.

Bull Case : KGC

The strongest argument for KGC centers on P/E Ratio, Return on Equity, Profit Margin. Profitability is solid with margins at 37.5% and operating margin at 52.5%. Revenue growth of 29.5% demonstrates continued momentum.

Bear Case : ALM

The primary concerns for ALM are Price/Book, EPS Growth, Debt/Equity. A P/E of 87.3x leaves little room for execution misses.

Bear Case : KGC

No major red flags identified for KGC, but monitor valuation.

Key Dynamics to Monitor

KGC carries more volatility with a beta of 1.48 — expect wider price swings.

ALM is growing revenue faster at 497.7% — sustainability is the question.

KGC generates stronger free cash flow (735M), providing more financial flexibility.

Monitor OTHER INDUSTRIAL METALS & MINING industry trends, competitive dynamics, and regulatory changes.

Bottom Line

KGC scores higher overall (79/100 vs 57/100), backed by strong 37.5% margins and 29.5% revenue growth. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Almonty Industries Inc. Common Shares

BASIC MATERIALS · OTHER INDUSTRIAL METALS & MINING · USA

Almonty Industries Inc. engages in mining, processing, and shipping of tungsten concentrates. The company is headquartered in Dillon, Montana.

Kinross Gold Corporation

BASIC MATERIALS · GOLD · USA

Kinross Gold Corporation is engaged in the acquisition, exploration and development of gold properties primarily in the United States, the Russian Federation, Brazil, Chile, Ghana and Mauritania. The company is headquartered in Toronto, Canada.

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