UAMY

MKT CAP:$1B

United States Antimony Corporation

Market Cap

$1B

Basic Materials·Industrial Materials·🇺🇸 United States·NYSE

Materials·Industrial·🇺🇸·NYSE

Stock Price

$10.12+$4.19 (+70.66%)

Apr 23, 2026

Company Details

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 t...

CEO

Gary C. Evans

IPO Date

Feb 24, 2000

Website

usantimony.com

Key Metrics TTM

Revenue

$39M

+299.8% YoY

Net Income

-$4M

EPS (Diluted)

-$0.04

Free Cash Flow

-$37M

Revenue / Share

$0.32

Gross Margin

14.3%

Operating Margin

-21.4%

Net Margin

-11.1%

FCF Margin

-95.5%

P/S

35.8x

P/E

—

Earnings Reports

Q1 2026

May 14, 2026

PENDING

FY 2025

Mar 19, 2026

$39M+162.8%EPS -$0.04

Q4 2025

Mar 19, 2026

$13MEPS -$0.00

Q3 2025

Nov 12, 2025

$9MEPS -$0.04

Q2 2025

Aug 12, 2025

$11M+187.3%EPS $0.00

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 20	$900.1K	$555.7K	-$2M
Q1 21	$1M	$212.2K	-$341.7K
Q2 21	$2M	$196.4K	-$232.2K
Q3 21	$2M	$101.2K	-$112.0K
Q4 21	$2M	$328.8K	$25.6K
Q1 22	$4M	$1M	$779.6K
Q2 22	$4M	$722.4K	$366.9K
Q3 22	$2M	$430.9K	$60.5K
Q4 22	$1M	-$288.9K	-$851.2K
Q4 23	$2M	-$2M	-$4M
Q1 24	$3M	$589.5K	-$470.5K
Q2 24	$4M	$1M	$56.0K
Q1 25	$7M	$2M	$358.0K
Q2 25	$11M	$3M	$20.0K
Q3 25	$9M	$2M	-$5M
Q4 25	$13M	-$2M	-$4M

Valuation

Quarter	P/S	P/E
Q4 20	9.8x	—
Q1 21	20.5x	—
Q2 21	19.8x	—
Q3 21	14.6x	—
Q4 21	7.3x	—
Q1 22	6.0x	56.6x
Q2 22	3.8x	39.6x
Q3 22	3.4x	32.7x
Q4 22	4.5x	113.7x
Q4 23	3.0x	—
Q1 24	3.0x	—
Q2 24	3.6x	—
Q1 25	16.9x	—
Q2 25	11.1x	442.4x
Q3 25	26.4x	—
Q4 25	17.6x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 20	-$739.1K	-$761.7K
Q1 21	-$2M	-$2M
Q2 21	$213.2K	$121.4K
Q3 21	-$241.3K	-$742.6K
Q4 21	$46.4K	$14.7K
Q1 22	$163.9K	-$24.6K
Q2 22	$581.1K	$386.7K
Q3 22	-$722.1K	-$931.3K
Q4 22	-$272.2K	-$1M
Q4 23	-$932.1K	-$941.1K
Q1 24	$65.0K	$12.3K
Q2 24	$565.9K	$467.9K
Q1 25	-$2M	-$3M
Q2 25	-$627.7K	-$7M
Q3 25	-$4M	-$13M
Q4 25	-$3M	-$15M

Capital Expenditures

Quarter	CapEx
Q4 20	$22.6K
Q1 21	$23.3K
Q2 21	$91.8K
Q3 21	$501.4K
Q4 21	$31.6K
Q1 22	$188.5K
Q2 22	$194.5K
Q3 22	$209.2K
Q4 22	$1M
Q4 23	$9.0K
Q1 24	$52.7K
Q2 24	$98.0K
Q1 25	$862.5K
Q2 25	$7M
Q3 25	$9M
Q4 25	$12M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 20	-48.6%	-30.8%
Q1 21	-28.1%	-22.1%
Q2 21	+43.6%	+34.6%
Q3 21	+103.7%	+8.4%
Q4 21	+140.7%	-18.8%
Q1 22	+185.7%	+75.6%
Q2 22	+57.7%	+28.4%
Q3 22	+20.1%	+11.1%
Q4 22	-34.5%	+6.1%
Q4 23	-53.5%	+92.4%
Q1 24	-14.4%	+10.0%
Q2 24	+48.7%	+50.1%
Q1 25	+392.9%	+192.4%
Q2 25	+532.0%	+95.0%
Q3 25	+183.3%	+284.4%
Q4 25	+255.7%	+368.3%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 20	$0	0.0%
Q1 21	$28.1K	2.2%
Q2 21	$28.1K	1.2%
Q3 21	$0	0.0%
Q4 21	$0	0.0%
Q1 22	$0	0.0%
Q2 22	$0	0.0%
Q3 22	$0	0.0%
Q4 22	$61.5K	4.3%
Q4 23	$0	0.0%
Q1 24	$205.9K	6.7%
Q2 24	$94.9K	2.6%
Q1 25	$245.4K	3.5%
Q2 25	$586.9K	5.6%
Q3 25	$0	0.0%
Q4 25	$2M	18.4%

OpEx Breakdown

Quarter	G&A	SG&A
Q4 20	$346.7K	—
Q1 21	$369.8K	—
Q2 21	$428.6K	—
Q3 21	$213.2K	—
Q4 21	$229.0K	—
Q1 22	$355.9K	—
Q2 22	$341.4K	—
Q3 22	$279.0K	—
Q4 22	$465.9K	—
Q4 23	$1M	—
Q1 24	$954.2K	—
Q2 24	$1M	—
Q1 25	$2M	—
Q2 25	$3M	—
Q3 25	$6M	—
Q4 25	—	$2M

Revenue Segments

Quarter	Antimony	Precious Metals	Zeolite
Q1 21	$657.1K	$76.2K	$519.9K
Q2 25	$10M	—	$888.3K
Q3 25	$8M	-$20.5K	$671.9K

Revenue by Geography

Quarter	Canada	United States
Q1 21	$87.8K	$1M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$21M	$0	$21M
Q2 22	$8M	$14M	$22M
Q3 22	$8M	$13M	$21M
Q4 22	$19M	$259.9K	$19M
Q1 23	$15M	$259.9K	$16M
Q2 23	$14M	$259.9K	$14M
Q3 23	$13M	$259.9K	$13M
Q4 23	$12M	$72.9K	$12M
Q1 24	$12M	$22.2K	$12M
Q2 24	$12M	$22.2K	$12M
Q3 24	$13M	$22.3K	$13M
Q4 24	$18M	$0	$18M
Q1 25	$19M	$0	$19M
Q2 25	$6M	$1M	$7M
Q3 25	$18M	$1M	$20M
Q4 25	$30M	$5M	$35M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 20	93M	+26.6%	+33.0%
Q1 21	93M	0.0%	+33.0%
Q2 21	109M	+17.2%	+54.9%
Q3 21	106M	-2.4%	+44.9%
Q4 21	106M	0.0%	+14.5%
Q1 22	106M	+0.3%	+14.8%
Q2 22	106M	-0.1%	-2.3%
Q3 22	106M	+0.1%	+0.2%
Q4 22	106M	+0.1%	+0.2%
Q4 23	108M	+1.2%	+1.2%
Q1 24	108M	+0.2%	+1.6%
Q2 24	109M	+1.0%	+2.5%
Q1 25	122M	+12.3%	+15.0%
Q2 25	127M	+4.0%	+18.2%
Q3 25	123M	-3.0%	+14.4%
Q4 25	124M	+0.2%	+13.5%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 20	$64.3K	14
Q1 21	$89.5K	14
Q2 21	$162.5K	14
Q3 21	$146.6K	14
Q4 21	$127.5K	17
Q1 22	$210.6K	17
Q2 22	$211.1K	17
Q3 22	$144.9K	17
Q4 22	$88.8K	16
Q4 23	$20.1K	83
Q1 24	$37.0K	83
Q2 24	$44.1K	83
Q1 25	$116.7K	60
Q2 25	$175.4K	60
Q3 25	$145.0K	60
Q4 25	$130.3K	100

Revenue / Employee