AI Earnings Predictions for United States Antimony Corporation (UAMY)

EX-99.1

2 tm2622899d1_ex99-1.htm

EXHIBIT 99.1

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 ~

DALLAS, TX /

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

EX-99.1

2 tm2614820d1_ex99-1.htm

EXHIBIT 99.1

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

Presentation

Operator

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

EX-99.1

2 tm2614673d1_ex99-1.htm

EXHIBIT 99.1

Exhibit 99.1

United States Antimony Corporation Reports

First Quarter 2026 Financial and Operating Results

Received $12.8 Million in Department of War (“DoW”) Grant Milestones for Thompson Falls Expansion

First Two Delivery Notices under the $245 MM Defense Logistics Agency (“DLA”) Contract Completed

Q1 2026 Revenues of $6.8 Million; Net Loss of $11.3 Million, or $(0.08) per Diluted Share

Post-Quarter

Equity Issuances Generated $48.6 Million in Gross Proceeds

Reiterates Full-Year 2026 Gross Revenue Guidance of $125 Million

"The Critical Minerals and ZEO Company"

~ Antimony, Cobalt, Gold, Tungsten, and Zeolite ~

DALLAS, TX /

ACCESS Newswire / May 14, 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 first quarter ended March 31, 2026.

First Quarter 2026 Highlights

·Revenues of $6.8 million, compared to $7.0 million in Q1 2025

·Gross profit of $1.1 million (16% gross margin), compared to $2.4 million (34% gross margin) in

Q1 2025

·Operating loss of $7.5 million, compared to operating income of $0.4 million in Q1 2025

·Net loss of $11.3 million, including $9.3 million of net non-cash items, compared to net income of $0.6 million in Q1 2025

·Achieved $12.8 million (out of $27 Million) in Department of War ("DoW") grant milestones at the Thompson Falls expansion project, recognized as a grant receivable with a corresponding reduction to construction in progress (PP&E)

·Acquired the Radersburg flotation mill in Montana for $4.8 million, further advancing the Company's vertical integration strategy

·Cash and cash equivalents, including held-to-maturity U.S. Treasury securities of $23.7 million at quarter-end; Subsequent to quarter-end, the Company raised approximately $48.6 million of gross proceeds through the issuance of approximately 4.2 million shares of common stock at an average price of $11.57 per share. Total liquidity, pro forma for the post March 31, 2026 stock issuances is $108.7 million, including cash, U.S. Treasury securities and our Larvotto Resources Limited (ASX: LRV) marketable securities discussed subsequently in this release.

·Reiterating full-year 2026 gross revenue guidance of $125 million

Strategic Overview

During the first quarter of 2026, the Company continued to advance its strategy to build a fully integrated critical minerals platform supporting U.S. national security and supply chain resiliency. Key accomplishments during the quarter included the achievement of milestones under the Company's DoW grant program, the acquisition of the Radersburg flotation mill, first delivery notice to the DLA under the $245 Million Contract, the formation of a new hydrometallurgical joint venture with Americas Gold and Silver, and continued progress on the Thompson Falls smelter expansion, which is nearing completion and is expected to come online over the next few weeks. The company also provided a Technical Report Summary of its Fostung Tungsten project in April 2026 reflecting future potential revenues of $4.6 Billion over the life of the property, based on the assumptions detailed in the report.

First Quarter 2026 Financial Results

Revenues for the first quarter of 2026 were $6.8 million, compared to $7.0 million in the first quarter of 2025. Antimony segment revenues were $5.6 million, compared to $5.9 million in the prior year period, with antimony pounds sold decreasing approximately 23% to 278,797 pounds from 362,647 pounds. The volume decline reflects timing of customer orders and shipments primarily, none of which were to the government. Average sales price per pound of antimony rose approximately 22% to $19.92 from $16.34.

Cost of revenues increased to $5.67 million from $4.63 million, and gross profit decreased to $1.11 million from $2.37 million in Q1 2025. Gross margin of approximately 16% (down from 34% in the prior year period) primarily reflects higher antimony cost per pound sold, which rose approximately 69% to $16.28 from $9.66 as higher-cost ore moved through cost of sales. Q1 2026 gross margin did not benefit from any of the processing of the Company’s in-house antimony mined in Montana or from any antimony deliveries under the Company's contract with the DLA. Both of these events are expected to begin contributing during the remaining quarters of 2026 as both Montana-based mining is processed and the Thompson Falls expansion comes online.

Zeolite revenue was $1.0 million in Q1 2026 compared to $1.1 million in Q1 2025, driven by a 3% decrease in sales volume (tons sold of 3,681 versus 3,802) and 4% decrease in average sales price per ton. These sales have dramatically improved over the last sixty (60) days