Due to a global economic slowdown and a new decline in the prices of metals produced and traded by AMG, I think the company may incur losses again in 2026, contrary to what analysts following the company expect, as they are forecasting IFRS profit of $54.3M for 2026.
If the fundamental developments turn out as I am anticipating here, it is likely that sometime in 2026 we will once again be able to catch AMG close to the entry price, which was $14.43.