United States Antimony (UAMY) AI Stock Analysis

• Market Cap: $844.41M
• Dividend Yield: N/A
• Average Volume (3M): 8.45M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.56
• Revenue Growth: 240.12%
• EPS Growth: 0.98%
• Country: US
• Employees: 60
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): -0.04
• Shares Outstanding: 140,035,600
• 10 Day Avg. Volume: 8,497,512
• 30 Day Avg. Volume: 8,451,911
• PEG Ratio: 1.52
• Price to Book (P/B): 6.72
• Price to Sales (P/S): 12.87
• P/FCF Ratio: 107.40
• Enterprise Value/Market Cap: 0.88
• Enterprise Value/Revenue: 8.92
• Enterprise Value/Gross Profit: 35.36
• Enterprise Value/Ebitda: -43.50
• 1Y Price Target: $10.00
• Price Target Upside: 65.84% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): -0.02
• Revenue Forecast (FY): $41.90M

• Rating: 53 Neutral
• Price Target: $6.50 ▲(7.79% Upside)

United States Antimony's overall stock score reflects strong sales growth and strategic initiatives, balanced by profitability and cash flow challenges. The technical analysis suggests mixed momentum, while the valuation is hindered by a negative P/E ratio. Positive corporate events and a strong cash position provide some optimism for future growth.

Positive Factors

Revenue Growth

The significant increase in revenue indicates strong demand for UAMY's products and successful market penetration, supporting long-term growth.

Strategic Contracts

These long-term contracts provide revenue stability and enhance UAMY's market position, ensuring sustained business growth.

Cash Position

A strong cash position offers financial flexibility, enabling UAMY to invest in growth opportunities and manage operational challenges effectively.

Negative Factors

Net Loss

Ongoing net losses highlight operational inefficiencies and profitability challenges, which could hinder long-term financial health.

Gross Margin Pressure

Margin pressure from declining prices could impact profitability, necessitating cost management to maintain financial performance.

Cash Flow Challenges

Weak cash flow generation poses liquidity risks, affecting UAMY's ability to fund operations and invest in future growth.

United States Antimony Business Overview & Revenue Model

Company Description

United States Antimony Corporation produces and sells antimony, silver, gold, and zeolite products in the United States and Canada. The company's Antimony division offers antimony oxide that is primarily used in conjunction with a halogen to form a synergistic flame retardant system for plastics, rubber, fiberglass, textile goods, paints, coatings, and paper. Its antimony oxide is also used as a color fastener in paints; as a catalyst for the production of polyester resins for fibers and films; as a catalyst for the production of polyethelene pthalate in plastic bottles; as a phosphorescent agent in fluorescent light bulbs; and as an opacifier for porcelains. In addition, this division offers sodium antimonite; and antimony metal for use in bearings, storage batteries, and ordnance; and precious metals. The company's Zeolite division provides zeolite deposits for soil amendment and fertilizer, water filtration, sewage treatment, nuclear waste and other environmental cleanup, odor control, gas separation, and animal nutrition applications. Its zeolite products also have applications in catalysts, petroleum refining, concrete, solar energy and heat exchange, desiccants, pellet binding, horse and kitty litter, and floor cleaners, as well as carriers for insecticides, pesticides, and herbicides. United States Antimony Corporation was founded in 1968 and is based in Thompson Falls, Montana.

How the Company Makes Money

UAMY generates revenue primarily through the sale of antimony and its derivatives, which are essential for various industrial applications. The company operates a production facility that processes antimony ore into high-purity antimony products, which are then sold to manufacturers in diverse industries. Key revenue streams include the sale of antimony metal, antimony trioxide, and other related products. Additionally, UAMY benefits from strategic partnerships with other mining and industrial companies, which help to secure distribution channels and expand its market reach. The demand for antimony, driven by its applications in flame retardants and electronics, contributes significantly to the company's earnings, alongside potential revenue from its exploration of zeolite and other mineral resources.

United States Antimony Financial Statement Overview

Summary

United States Antimony shows strong revenue growth but struggles with profitability and cash flow. The low debt-to-equity ratio indicates financial stability, but negative returns on equity and cash flow issues highlight operational inefficiencies.

Income Statement

United States Antimony shows a mixed performance in its income statement. The company has achieved a significant revenue growth rate of 23.42% in the TTM period, indicating strong top-line expansion. However, profitability metrics are concerning, with negative net profit and EBIT margins, suggesting ongoing operational challenges. The gross profit margin is relatively stable at 25.90%, but the negative EBIT and net profit margins highlight the need for cost management improvements.

Balance Sheet

The balance sheet of United States Antimony reflects a stable financial position with a low debt-to-equity ratio of 0.0225, indicating minimal leverage. However, the return on equity is negative, at -2.85%, suggesting inefficiencies in generating returns for shareholders. The equity ratio is strong, showing that a significant portion of the company's assets is financed by equity, which enhances financial stability.

Cash Flow

Cash flow analysis reveals significant challenges, with negative operating cash flow and free cash flow in the TTM period. Despite a high free cash flow to net income ratio, the overall cash flow position is weak, indicating liquidity concerns. The substantial free cash flow growth rate of 152.55% is positive but comes from a low base, highlighting volatility in cash generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	83.60M	14.94M	8.69M	11.04M	7.75M	5.24M
Gross Profit	21.09M	3.47M	-3.34M	2.00M	838.61K	205.70K
EBITDA	-17.15M	-1.29M	-5.89M	1.26M	825.95K	-2.38M
Net Income	-19.43M	-1.73M	-6.35M	428.66K	-60.47K	-3.29M
Balance Sheet
Total Assets	79.88M	34.64M	28.09M	34.70M	35.00M	13.30M
Cash, Cash Equivalents and Short-Term Investments	19.61M	18.17M	11.97M	19.32M	21.62M	919.31K
Total Debt	265.21K	1.71M	28.44K	312.00K	215.15K	629.83K
Total Liabilities	8.13M	6.04M	2.57M	2.83M	2.63M	6.11M
Stockholders Equity	71.75M	28.60M	25.52M	31.87M	32.37M	7.19M
Cash Flow
Free Cash Flow	-67.72M	1.79M	-6.28M	-1.98M	-3.08M	-1.55M
Operating Cash Flow	-17.81M	2.22M	-4.75M	-249.28K	-2.43M	-1.31M
Investing Cash Flow	-109.58M	-42.07K	-1.34M	-1.79M	-653.13K	-243.09K
Financing Cash Flow	163.52M	4.14M	-1.07M	-267.73K	23.78M	2.10M

United States Antimony Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 6.03
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 6.03 is above the 20-day moving average (MA) of 5.63, below the 50-day MA of 7.48, and above the 200-day MA of 4.76, indicating a neutral trend. The MACD of -0.41 indicates Negative momentum. The RSI at 53.18 is Neutral, neither overbought nor oversold. The STOCH value of 80.25 is Negative, 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
NEXA	65 Neutral	$1.18B	-72.65	-1.64%	1.14%	7.92%	91.83%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
GSM	55 Neutral	$888.34M	-6.56	-16.00%	1.17%	-16.89%	-403.77%
UAMY	53 Neutral	$844.41M	-147.07	-10.59%	―	240.12%	0.98%
ABAT	53 Neutral	$531.58M	-8.03	-58.41%	―	821.40%	44.70%

United States Antimony Corporate Events

United States Antimony Appoints New Independent Director

On November 24, 2025, United States Antimony Corporation appointed Jon R. Marinelli as an Independent Director, expanding the board to seven members. Marinelli, a seasoned financial executive with over 25 years of experience, will also chair the newly formed Finance Committee. His extensive background in capital markets and strategic advisory roles is expected to contribute significantly to USAC’s growth and strategic initiatives, enhancing its position in the critical minerals supply chain.

United States Antimony Secures $106.7M Supply Agreement

On November 7, 2025, United States Antimony Corporation signed a five-year supply agreement valued at approximately $106.7 million with a U.S. industrial fabric manufacturer for antimony trioxide, a key component in flame retardant materials. This deal marks a strategic move to strengthen domestic supply chains and reduce reliance on international sources, reflecting a broader trend of reshoring critical mineral supplies. The agreement is expected to provide USAC with a stable, long-term customer, enhancing its operational stability and supporting U.S. manufacturing capabilities.

United States Antimony to Release Q3 2025 Results

On November 7, 2025, United States Antimony Corporation announced the date for the release of its Third Quarter and Nine Months Ended September 30, 2025, Financial and Operating Results, scheduled for November 12, 2025. The announcement highlights USAC’s role as a key player in the critical minerals market, with implications for stakeholders regarding its financial performance and strategic positioning in the industry.

United States Antimony Updates Montana Mining Operations

On October 30, 2025, United States Antimony Corporation announced significant updates on its Montana mining activities and increased its 2026 financial guidance. The company has resumed mining operations at Stibnite Hill, Montana, using modern surface mining techniques, and has begun a mechanized exploration and bulk sampling program. The approval of operational changes by the Montana Department of Environmental Quality and the high-grade stibnite findings have led to an optimistic outlook, with anticipated profit margins three times higher than previous third-party purchases. USAC plans to expand its smelting operations in Thompson Falls and potentially in Madero, Mexico, to accommodate increased antimony supply. The company also raised its fiscal year 2026 revenue guidance by $25 million to $125 million, reflecting the expected impact of the new mining activities and international procurements.

United States Antimony Proposes Acquisition of Larvotto Resources

On October 19, 2025, United States Antimony Corporation announced a proposal to acquire 100% of Larvotto Resources Limited, an Australian company, through a scheme of arrangement. This acquisition aims to create one of the largest antimony producers outside China, offering Larvotto shareholders a significant premium and the chance to be part of a more diversified group. USAC has already acquired 10% of Larvotto’s shares and sees this move as a strategic fit to enhance its position in the critical minerals industry.

United States Antimony Files $400M Stock Offering

On October 17, 2025, United States Antimony Corporation announced the filing of a prospectus supplement with the SEC, allowing for the offer and sale of up to $400 million in common stock. This move, facilitated by an agreement with A.G.P./Alliance Global Partners and B. Riley Securities, Inc., is part of the company’s strategy to enhance its financial position and operational capabilities.

United States Antimony Secures $26.25 Million Investment

On October 6, 2025, United States Antimony Corporation entered into a Securities Purchase Agreement with an institutional investor to sell 3,500,000 shares of common stock at $7.50 per share, raising approximately $26.25 million. The company also adjusted its ATM Prospectus Supplement, reducing the offering from $65 million to $39.885 million, allowing for additional sales of up to $30.109 million in common stock.

United States Antimony Amends Sales Agreement for Stock Offering

On September 17, 2025, United States Antimony Corporation amended its sales agreement to include B. Riley Securities as an additional sales agent alongside A.G.P./Alliance Global Partners. This amendment allows the company to sell shares of its common stock through an at-the-market offering, with specific parameters set for the sales. The company also filed a prospectus supplement to increase the amount of shares issuable to up to $65,000,000, enhancing its ability to raise capital.