AMG jumps as Q1 core profit beats guidance

AMG Critical Materials NV

07/05/2026 09:26

** Shares in AMG Critical Materials AMG.AS jump as much as 9.9% after first-quarter core profits at the Dutch miner and lithium supplier beat the company's own guidance

** Q1 adjusted EBITDA was $44 million, up 2% from Q4 and above the company's guidance for a decline. AMG also reaffirms its 2026 adjusted EBITDA guidance range of $210 to $240 million despite geopolitical instability

** CEO says that the firm's focus on critical materials for the energy transition is "increasingly paying off" despite falling antimony prices

** AMG says that $127 million from a recent share placement will finance expansions into lithium carbonate, high-purity molybdenum and vanadium

** Of 5 analysts that cover AMG, four rate the stock "strong buy" or "buy" and one "hold", with no sell ratings - LSEG data

(1 euro = $1.1765)

 (Reporting by Zakarya Meliani)

 ((zakarya.meliani@thomsonreuters.com))