Shares of AMG Critical Materials jumped up to 7% after Q1 adjusted EBITDA of $44 million beat guidance.
Adjusted EBITDA rose 2% versus Q4, reaching $44 million, surpassing the company’s forecast of a decline.
AMG reaffirmed its 2026 adjusted EBITDA target of $210‑$240 million despite geopolitical instability.
The firm will allocate $127 million from a recent share placement to expand lithium carbonate, high‑purity molybdenum and vanadium production.