as of 09-09-2026 4:00pm EST
United States Antimony Corp is a fully integrated mining, transportation, milling, smelting, and selling company. It has two operating segments: antimony and zeolite. Its products and services include antimony; silver; gold; zeolite products; and storage, handling, & packaging services. The company's geographical segments are the Domestic, Canada, and Mexico, of which the vast majority of its revenue comes from the Domestic.
| Founded: | 1968 | Country: | United States |
| Employees: | N/A | City: | DALLAS |
| Market Cap: | 955.8M | IPO Year: | 1997 |
| Target Price: | $9.44 | AVG Volume (30 days): | 7.5M |
| Analyst Decision: | Strong Buy | Number of Analysts: | 5 |
| Dividend Yield: | N/A | Dividend Payout Frequency: | N/A |
| EPS: | -0.08 | EPS Growth: | -100.00 |
| 52 Week Low/High: | $4.36 - $19.71 | Next Earning Date: | 05-11-2026 |
| Revenue: | $39,257,708 | Revenue Growth: | 162.80% |
| Revenue Growth (this year): | 219.89% | Revenue Growth (next year): | 104.28% |
| P/E Ratio: | -68.00 | Index: | N/A |
| Free Cash Flow: | -37499478.0 | FCF Growth: | N/A |
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Dir, EVP & Chief Mining Eng
Avg Cost/Share
$4.64
Shares
20,000
Total Value
$92,700.00
Owned After
932,881
SEC Form 4
Director
Avg Cost/Share
$4.72
Shares
21,300
Total Value
$100,536.00
Owned After
198,401
SEC Form 4
Director
Avg Cost/Share
$5.04
Shares
1,400
Total Value
$7,049.00
Owned After
878,092
SEC Form 4
Chairman & CEO
Avg Cost/Share
$4.92
Shares
20,000
Total Value
$98,400.00
Owned After
2,590,028
SEC Form 4
Director
Avg Cost/Share
$7.45
Shares
12,500
Total Value
$93,125.00
Owned After
12,500
SEC Form 4
| Insider | Ticker | Relationship | Date | Transaction | Avg Cost | Shares | Total Value | Owned After | SEC Forms |
|---|---|---|---|---|---|---|---|---|---|
| Bardswich Lloyd | UAMY | Dir, EVP & Chief Mining Eng | Sep 1, 2026 | Buy | $4.64 | 20,000 | $92,700.00 | 932,881 | |
| Carrabba Joseph A | UAMY | Director | Sep 1, 2026 | Buy | $4.72 | 21,300 | $100,536.00 | 198,401 | |
| Aguirre Blaise A. | UAMY | Director | Aug 31, 2026 | Buy | $5.04 | 1,400 | $7,049.00 | 878,092 | |
| EVANS GARY C | UAMY | Chairman & CEO | Aug 28, 2026 | Buy | $4.92 | 20,000 | $98,400.00 | 2,590,028 | |
| Marinelli Jon R | UAMY | Director | Jun 15, 2026 | Buy | $7.45 | 12,500 | $93,125.00 | 12,500 |
SEC 8-K filings with transcript text
Aug 17, 2026 · 100% conf.
1D
+3.42%
$6.83
Act: -24.73%
5D
+25.04%
$8.25
20D
+82.04%
$12.01
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2026-08-11 2026-08-11
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Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported) August 11, 2026
(Exact name of registrant as specified in its charter)
Texas
001-08675
81-0305822
(State or other jurisdiction
of incorporation)
(Commission
File No.)
(IRS Employer
Identification Number)
4438 W. Lovers Lane, Unit 100, Dallas, TX
75209
(Address of principal executive officers)
(Zip Code)
Registrant’s telephone number, including area code: (406) 606-4117
Not Applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, $0.01 par value
Common Stock, $0.01 par value
Texas
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 2.02 Results of Operations and Financial Condition.
On August 11, 2026, United States Antimony Corporation (“USAC”, “US Antimony,” or the “Company”) held a conference call to discuss the Company’s financial and operational results for second quarter 2026. A recorded replay of the presentation is available on the Company’s website at https://www.usantimony.com/investors until Tuesday, August 25, 2026.
A written transcript of this conference call is being furnished by the Company on this Current Report as Exhibit 99.1 and is incorporated herein solely for purposes of this Item 2.02 disclosure.
The information in Item 2.02, including Exhibit 99.1, of this Current Report on Form 8-K is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof, except as shall be expressly set forth by specific reference in such a filing.
Cautionary Note Regarding Forward-Looking Statements
This Current Report on Form 8-K, including the Press Release furnished as Exhibit 99.1 to this Current Report on Form 8-K, contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management’s current knowledge, assumptions, judgment, and expectations regarding future performance or events. Although management believes that the expectations reflected in such statements are reasonable, they give no assurance that such expectations will prove to be correct, and you should be aware that actual events or results may differ materially from those contained in the forward- looking statements. Words such as “will,” “expect,” “intend,” “plan,” “potential,” “possible,” “goals,” “accelerate,” “continue,” and similar expressions identify forward-looking statements.
of risks and uncertainties including, but not limited to, those described in the Company’s filings on Form 10-K, Form 10-Q, and Form 8-K with the United States Securities and Exchange Commission.
All forward-looking statements are expressly qualified
in their entirety by this cautionary notice. You should not rely upon any forward-looking statements as predictions of future events. The Company undertakes no obligation to revise or update any forward-looking statements made in this Current Report on Form 8-K to reflect events or circumstances after the date hereof, to refle
Aug 11, 2026 · 100% conf.
1D
+3.42%
$6.83
Act: -24.73%
5D
+25.04%
$8.25
20D
+82.04%
$12.01
2 tm2622899d1_ex99-1.htm
Exhibit 99.1
United States Antimony Corporation Reports
Second Quarter and Six Months Ended June 30, 2026
Financial and Operating Results
Second Quarter 2026 Revenues of $7.9 Million; Net Income of $0.1 Million
Antimony pounds sold up 26% in the quarter (exclusive of DLA)
Zeolite revenues grew 110% year-over-year
Antimony Inventory up 178% from year-end
Working Capital Doubled to $70.0 Million from $35.0 Million at March 31, 2026
Positioned for a Stronger Second Half as DLA Shipments Continue to Increase
"The Critical Minerals and ZEO Company"
~ Antimony, Gold, Tungsten, and Zeolite ~
ACCESS Newswire / August 11, 2026 / United States Antimony Corporation ("USAC," "US Antimony Corporation," or the "Company") (NYSE: UAMY) (NYSE Texas: UAMY), a leading producer and processor of antimony, zeolite, and other critical minerals, and the only fully integrated antimony company in the world outside of China and Russia, today reported its financial and operating results for the second quarter and six months ended June 30, 2026.
Second Quarter 2026 Highlights
·Revenue of $7.9 million, compared to revenue of $10.5 million in the 2025 quarter.
·Gross profit of $0.6 million (7% gross margin), compared to $2.8 million (27% gross margin) in the 2025 quarter.
·Operating loss of $7.0 million, including $3.4 million of net non-cash expense items compared to break-even operating results in the 2025 quarter.
·Net income of $0.1 million, compared to net income of $0.2 million in the 2025 quarter. Operating loss in second quarter of 2026 was more than offset by $6.8 million of unrealized gain from investment in equity securities plus $0.4 million of interest income.
·Delivered the first two shipments of approximately 82,000 pounds of antimony metal ingots under the Company’s contract with the DLA in June 2026. Because these shipments were formally accepted by the DLA in July 2026, approximately $2.6 million is expected to be recognized as third-quarter 2026 revenue.
DLA Delivery Schedule
Shipment Pounds Value
1 & 2 (Delivered) ~82,000 ~$2.60 Million
3 & 4 (In Transit) ~81,000 ~$2.60 Million
5, 6, 7 (Waiting on Inspection) ~126,000 ~$3.97 Million
~$9.17 Million
·Zeolite segment revenue grew 110% year-over-year to $1.9 million, with tons sold up 114% year-over-year to 6,609 tons, driven by continued penetration into the cattle market and expanded distribution across the Company's traditional industrial markets.
·Invested $22.8 million gross in capital expenditures during the first six months of 2026, primarily to substantially complete the Thompson Falls expansion, acquire the flotation facility (midstream) located in Radersburg, Montana, and fund investments including additional critical mineral rights acquisitions.
·The Thompson Falls expansion was partially funded by a $12.8 million payment received in April 2026 for milestones achieved under the Defense Production Act Title III grant award from the U.S. Department of War (the “DoW”) which reduced the Company’s net cash outlay for these capital expenditures.
·Commissioned the flotation facility (midstream) located in Radersburg, Montana and substantially completed the Thompson Falls, Montana expansion, further strengthening the Company's vertically integrated domestic antimony production platform.
·Generated $49.1 million of net proceeds from equity issuances during the first six months of 2026, strengthening the Company's balance sheet and ending June 30, 2026, with $62.2 million of (cash plus U.S. Treasury securities held to maturity, plus a $43.2 million strategic equity investment in Larvotto Resources Limited.
·Working capital doubled to $70.0 million on June 30, 2026 from $35.0 million at March 31, 2026, primarily driven by the equity issuances, providing meaningful operating and capital runway to support the Company's growth investments.
·Continued expansion of the Company's domestic critical minerals platform through strategic mining claim acquisitions located in Alaska (Nolan Creek and Fairbanks District) and Montana, and advanced the Company’s Tungsten evaluation through the filing in April 2026 of a Technical Report Summary on the Fostung tungsten project in Ontario, Canada.
·Mark-to-market value of the Company's strategic investment in Larvotto Resources Limited increased to USD $43.2 million at June 30, 2026 (USD $46.7 million based on the closing market price on August 10, 2026), reflecting continued appreciation of the Company's critical minerals investment portfolio.
Strategic Overview
During the second quarter of 2026, the Company continued to advance its strategic focus of building a fully integrated critical minerals operation supporting U.S. national security and supply chain resiliency. Key accomplishments during the quarter included delivering the first two shipments under the Company’s contract with the DLA, receiving $12.8 million of funding under the Department o
May 15, 2026 · 98% conf.
1D
+3.39%
$8.92
Act: -6.67%
5D
+24.81%
$10.76
Act: -3.13%
20D
+81.27%
$15.63
2 tm2614820d1_ex99-1.htm
Exhibit 99.1
Transcript of
United States Antimony Corporation
First Quarter 2026 Financial and Operational Results Webcast
May 14, 2026
Participants
Gary Evans - Chief Executive Officer & Chairman,
United States Antimony Corporation
Richard Isaak - Senior Vice President & Chief
Financial Officer, United States Antimony Corporation
Shawn Winkler - Interim Chief Financial Officer,
United States Antimony Corporation
Joe Bardswich - EVP, Chief Mining Officer &
Director, United States Antimony Corporation
Melissa Pagen - President & Chief Operating
Officer, BRZ Division, United States Antimony Corporation
Jeffrey Fink - Vice President & General Manager,
BRZ Division, United States Antimony Corporation
Aaron Tenesch - Vice President, Antimony Division,
United States Antimony Corporation
Jonathan Miller - Vice President, Investor Relations
& Global Sales Manager, United States Antimony Corporation
Greetings. Welcome to the United States Antimony Corporation First Quarter 2026 Financial and Operating Results Conference call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] Please note, this conference and webcast is being recorded.
I will now turn the call over to your host, Gary C. Evans, Chairman and CEO. You may begin.
Gary Evans - Chief Executive Officer &
Chairman, United States Antimony Corporation
Thank you, Paul, and welcome to our listeners. The news release on our earnings should be out any moment now. It was taking a little bit longer to get out, but it should be out within a minute or two.
First, I’d like to start by introducing other members of the company’s management team who has joined me today on this call. We have seven speakers from management who’ll be talking about their respective divisions because we have a lot to say, quite frankly. So, those parties are as follows: Rick Isaak, Senior Vice President and Chief Financial Officer; Shawn Winkler, our Interim Chief Financial Officer; Joe Bardswich, our Director and Executive Vice President and our Chief Mining Engineer; Melissa Pagen, President and Chief Operating Officer of our Bear River Zeolite division; Jeff Fink, Vice President of our Antimony division up in Thompson Falls; Aaron Tenesch, who’s Vice President of our Antimony division, predominantly involved in procurements as well as Radersburg; and then Jonathan Miller, who’s Vice President of our Investor Relations.
Before I turn over the conference call today to Rick and Shawn to discuss our financial report, I first want to say that I have never been more excited about where this company is going. If you are, as an investor, knew only half as much as I do today, you’d also feel the excitement. This is no longer just an antimony company. Read the heading of our press release today. It says antimony, cobalt, gold, tungsten, and zeolite. We’re making significant progress on all of these mineral developments, as you will hear today from our seasoned management team, as they go over what all we’re up to. Rick, you’re up, and let us hear about the first quarter earnings.
Transcript Provided by
1
Richard Isaak - Senior Vice President &
Chief Financial Officer, United States Antimony Corporation
Thanks, Gary. As announced in a prior press release, I took a leave of absence a couple of weeks ago to take care of some personal matters. It was fortunate that we’ve been working with a very talented financial person, Shawn Winkler, who could step in as interim CFO. Shawn’s experience over the prior 20-plus years includes corporate finance, capital markets, and executive leadership. He recently served as CFO of a full-service engineering, procurement, and construction firm in the energy industry and was an investment banker for over 15 years. Shawn’s been working on financial projects for the company since late last year and knows the management and finance teams well. So, this was an easy transition.
Okay. Next, I’ll provide some comments on our consolidated results. Sales for the first quarter of 2026 were $6.8 million, nearly comparable to last year’s sales of $7 million. Antimony segment sales were down 2%, and Zeolite segment sales were down 7%. Gross profit for the first quarter of 2026 decreased $1.3 million compared to last year’s first quarter. The majority of this decrease was due to higher labor, factory, and important freight costs. These cost increases were needed, kind of like Gary was saying, to get the talent, factory, and inventory we need for the expected ramp-up in production for the remainder of this year. We expect these costs to improve with economies of scale as sales increase.
Net loss for the first quarter of 2026 was $11.3 million, which was primarily due to non-cash stock compensation expense of $4.8 million and an unrealized loss on our investment in our Larvotto equity securities o
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