Almonty Industries (ALM) Revenue Jumps 498%. Can Its New Mine Keep Growth Going?

We just published our list of the 10 Best Materials Stocks to Invest in According to Wall Street Analysts, and Almonty Industries Inc. (NASDAQ:ALM) ranked tenth.

A quarry can sell crushed stone cheaply and still lose a job to a closer supplier. Stone is heavy and inexpensive per ton, so freight can wipe out a price advantage at the quarry. The U.S. Justice Department has treated construction aggregates as local markets in merger reviews for that reason. A well-located quarry may face only a...