United States Antimony (UAMY) AI Stock Analysis

• Market Cap: $350.10M
• Dividend Yield: N/A
• Average Volume (3M): 3.83M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.46
• Revenue Growth: 105.14%
• EPS Growth: 84.95%
• Country: US
• Employees: 60
• Sector: Basic Materials
• Sector Strength: 68
• Industry: Industrial Materials
• EPS (TTM): 0.00
• Shares Outstanding: 119,080,120
• 10 Day Avg. Volume: 4,597,091
• 30 Day Avg. Volume: 3,830,366
• PEG Ratio: -0.05
• Price to Book (P/B): 10.64
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -445.96
• Enterprise Value/Market Cap: 0.99
• Enterprise Value/Revenue: 6.47
• Enterprise Value/Gross Profit: 65.68
• Enterprise Value/Ebitda: -31.17
• 1Y Price Target: $4.94
• Price Target Upside: 63.04% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4

• Rating: 53 Neutral
• Price Target: $3.00 ▼(-0.99%Downside)

The overall score reflects a mixed financial performance with notable revenue growth and a strong balance sheet offset by negative profitability and cash flow issues. While technical indicators show positive momentum, the negative valuation metrics due to unprofitability weigh heavily on the score.

Positive Factors

Market Position

United States Antimony Corp. is the sole domestic producer of antimony following the Chinese export ban, presenting an opportunity to capture notable market share and higher margins.

Revenue Growth

The 128% year-over-year growth in revenue was primarily driven by a notable rise in antimony prices, which have surged to $16.34 per pound from $4.92 per pound previously.

Strategic Overhaul

The company has completed a strategic overhaul with significant changes in senior management, which has already enhanced operations and is expected to lead to further improvements.

Negative Factors

Operational Challenges

The necessary improvements to furnaces at Madero have been completed and the site is likely to further improve UAMY’s production and financial performance during 2025.

Sales Volume Decline

The impact of increased antimony prices was partially offset by decreased sales volumes, as the firm produced 362,647 pounds of antimony compared to 502,046 pounds previously.

Supply Chain Risks

UAMY should maintain an opportunity to record significant revenue amid strong margins in the coming quarters if worldwide antimony supply from geopolitically safe jurisdictions remains below supply.

United States Antimony Business Overview & Revenue Model

Company Description

United States Antimony Corporation (UAMY) is a company engaged in the production and sale of antimony-related products, which are used in a variety of industrial applications. Antimony is a critical mineral utilized in flame retardants, lead-acid batteries, and various alloys. UAMY operates mining, smelting, and production facilities primarily in North America, and it is one of the few companies outside of China with substantial antimony production capabilities.

How the Company Makes Money

United States Antimony Corporation generates revenue through the mining, production, and sale of antimony and antimony-based products. The company processes raw antimony ore into various antimony products, such as antimony trioxide and various antimony metal alloys, which are then sold to customers in industries like electronics, automotive, and construction. UAMY's revenue streams include direct sales of antimony products and potentially from partnerships or agreements with other companies in the supply chain. Additionally, the company might also engage in the recycling and reprocessing of antimony from scrap and waste materials, adding another layer to its revenue model. However, specific details on partnerships and any other agreements contributing to its earnings are not publicly detailed.

United States Antimony Financial Statement Overview

Summary

United States Antimony exhibits mixed financial performance with strong revenue growth and a solid balance sheet, characterized by low leverage and a high equity ratio. However, persistent net losses and negative free cash flow pose significant challenges, affecting profitability and liquidity stability.

Income Statement

The company shows a mixed income statement performance. The TTM gross profit margin stands at 27.5%, indicating decent profitability from operations. However, the net profit margin is negative, reflecting overall losses. Revenue growth is strong, with a TTM increase of 27.9% compared to the previous year, suggesting expanding operations. Key weaknesses include negative EBIT and EBITDA margins, highlighting challenges in operational efficiency and cost control.

Balance Sheet

The balance sheet is relatively strong with a low debt-to-equity ratio of 0.03 in the TTM, indicating low leverage and financial stability. The equity ratio is high at 82.5%, reflecting a well-capitalized position. However, the return on equity is negative due to persistent net losses, which is a concern for shareholder returns.

Cash Flow

The cash flow statement presents a mixed picture. The company demonstrates a positive operating cash flow to net income ratio, suggesting effective cash generation relative to reported losses. However, the free cash flow remains negative, indicating challenges in covering capital expenditures and maintaining liquidity without external financing.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
19.11M	14.94M	8.69M	11.04M	7.75M	5.24M
	Gross Profit
5.26M	3.47M	-3.34M	2.00M	838.61K	205.70K
	EBIT
-1.96M	-2.39M	-7.07M	484.63K	-424.07K	-2.99M
	EBITDA
-972.60K	-1.29M	-5.89M	1.28M	832.88K	-2.38M
	Net Income Common Stockholders
-861.11K	-1.73M	-6.35M	428.66K	-227.94K	-3.34M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
11.97M	18.17M	11.97M	19.06M	21.36M	665.10K
	Total Assets
28.58M	34.64M	28.09M	34.70M	35.00M	13.30M
	Total Debt
28.44K	1.08M	28.44K	312.00K	215.15K	629.83K
	Net Debt
-11.87M	-17.09M	-11.87M	-18.75M	-21.15M	-35.28K
	Total Liabilities
3.06M	6.04M	2.57M	2.83M	2.63M	6.11M
	Stockholders Equity
25.52M	28.60M	25.52M	31.87M	32.37M	7.19M
Cash Flow		Free Cash Flow
-814.41K	1.79M	-6.28M	-1.98M	-3.08M	-1.55M
	Operating Cash Flow
425.99K	2.22M	-4.75M	-249.28K	-2.43M	-1.31M
	Investing Cash Flow
-902.05K	-42.07K	-1.34M	-1.79M	-653.13K	-243.09K
	Financing Cash Flow
7.40M	4.14M	-1.07M	-267.73K	23.78M	2.10M

United States Antimony Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.03
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For UAMY, the sentiment is Positive. The current price of 3.03 is above the 20-day moving average (MA) of 2.69, above the 50-day MA of 2.87, and above the 200-day MA of 1.65, indicating a bullish trend. The MACD of 0.05 indicates Negative momentum. The RSI at 55.37 is Neutral, neither overbought nor oversold. The STOCH value of 55.80 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for UAMY.

United States Antimony Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
UAMY	53 Neutral	$350.10M	―	-4.38%	―	105.14%	84.95%
Sector *	51 Neutral	$2.04B	-1.15	-21.24%	3.95%	2.91%	-30.44%
PLL	50 Neutral	$134.75M	―	-19.11%	―	―	―
LZM	45 Neutral	$361.58M	―	-814.96%	―	―	―
IONR	40 Underperform	$175.89M	―	-4.74%	―	―	-173.39%
IPX	35 Underperform	$864.14M	―	-40.55%	―	―	-15.85%

United States Antimony Corporate Events

United States Antimony Restarts Madero Smelter Plant

On March 11, 2024, United States Antimony Corporation announced its decision to discontinue all Latin American operations and dispose of its subsidiary, US Antimony de Mexico, due to historical negative cash flow. As of April 21, 2025, the company has restarted its Madero Smelter Plant in Mexico, processing international antimony ore shipments with a production target of 200 tons per month by the end of 2025.