Allied Critical Metals is trading at CA$1.77, down 5.85%, with no confirmed company-specific explanation for the October 13 decline.
- A same-day industry report described tungsten prices down nearly 70% from March peaks, citing weaker end-use demand and other supply-demand pressures. Those conditions may weigh on tungsten-project developers, but a direct link to Alliedβs decline is unconfirmed.
- Canadian stocks were expected to open higher, while U.S. indexes were nearly flat.