Almonty Industries Soars 11.4% on New CFO Appointment

On July 30, 2025, Almonty Industries saw a significant rise of 11.4% in pre-market trading, reflecting a strong bullish sentiment among investors.

Almonty Industries has recently announced a key leadership change, appointing Brian Fox, CPA, as the new Chief Financial Officer. This appointment is effective from August 25, 2025, and marks the succession of Mark Gelmon, CPA,CA. The move is seen as a strategic decision to bring in fresh financial expertise, which could potentially drive the company's growth and operational efficiency.

Brian Fox's appointment is expected to bring a new perspective to Almonty Industries' financial strategies. His extensive experience in the financial sector is anticipated to enhance the company's financial management and reporting processes, thereby instilling confidence among investors and stakeholders.