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DALLAS - US Antimony Corporation (NYSE:UAMY), a mining company with a market capitalization of $324 million, announced on Monday that it has expanded its antimony supply procurement efforts across multiple countries to feed its smelters in Montana and Mexico. According to InvestingPro data, the company has demonstrated remarkable growth, with revenue surging by 97% in the last twelve months.
The company has increased its leasehold acreage in Alaska to approximately 23,800 acres and closed on an option to acquire the former Mohawk Mine near Fairbanks. USAC has filed for mining permits covering properties in the Ester Dome and Stibnite Creek regions.
The company reported receiving 110 tons of antimony ore from Australia in two shipments, though processing challenges have emerged due to high levels of impurities. A third 55-ton shipment was temporarily held by Chinese customs authorities and is being rerouted to Mexico.
USAC has executed a contract with suppliers in Bolivia for antimony flake, with initial shipments of approximately 10 metric tons expected in August, potentially increasing to 150 metric tons monthly by early 2026.
The company’s Thompson Falls, Montana smelter received 857 tons of material from a Canadian supplier in the first half of 2025, representing a 121% increase compared to the same period in 2024.
Contracts have been completed for initial shipments from Chad, with approximately 80 metric tons expected in August and monthly shipments exceeding 100 metric tons thereafter.
Additionally, USAC has re-acquired surface acreage and mining rights exceeding 1,200 acres adjacent to its Thompson Falls smelter in Montana.
"While management has worked tirelessly all of this year in our efforts to procure new antimony sources of quality raw ore for our two operating smelters, it is evident that there continues to be a worldwide shortage of this critical mineral," said Gary C. Evans, Chairman and CEO, in the press release statement. The company’s strong financial position is reflected in its healthy current ratio of 5.26, indicating robust liquidity. InvestingPro analysis reveals 10 additional key insights about UAMY’s financial health and growth prospects.
Antimony is used in flame-retardant systems, batteries, ammunition, and other applications. Looking ahead, analysts tracked by InvestingPro project substantial revenue growth of 212% for fiscal year 2025, with price targets ranging from $4.50 to $5.25 per share. For detailed analysis and comprehensive insights, investors can access UAMY’s Pro Research Report, part of InvestingPro’s coverage of over 1,400 US equities.
In other recent news, United States Antimony Corporation reported substantial growth in its Q1 2025 earnings, with revenues climbing to $7 million, marking a 128% increase from the previous year. The company’s gross profit surged by 302% to $2.4 million, while net income rose over 269% to more than $5 million. Despite these positive results, the company slightly missed its revenue forecast of $7.02 million. United States Antimony has tightened its annual revenue guidance to a range of $40-50 million, reflecting a cautious yet optimistic outlook for the year. The company’s strategic expansions in Alaska and reopening of operations in Mexico are positioned to capitalize on the global antimony shortage. Additionally, the company is pursuing potential Department of Defense grants and new international antimony supplies as key catalysts for growth in 2025. The firm has also been actively engaging with institutional investors, with increased interest from firms like BlackRock, which now owns 5.1% of the company. These recent developments underscore United States Antimony’s efforts to enhance its operational capabilities and investor relations.
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