United States Antimony Corporation carries 48% analyst upside and a recent 7% gap up with a long-term rising moving average, but the business burns cash at 160% of revenue, has a quality score of 2.3 out of 10, and a put/call ratio of 4.56 signals heavy bearish hedging against the speculative thesis.
Thesis pillars
- Analyst Upside 75 Pct→Stable
- Ma Still Rising Pullback Setup→Stable
- Extreme Cash Burn Rate→Stable
- +1 more pillar — see the Why tab for full reasoning
United States Antimony Corporat (UAMY) Stock Analysis
Range Bound setup
Basic Materials · Other Industrial Metals & Mining
Sell if holding. Engine safety override at $7.20: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.0/10 and A.R:R 3.1:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 22%; Below-average business quality; Below long-term trend.
United States Antimony Corporation mines, processes, and sells antimony (trioxide, metal ingots, trisulfide) and precious metals in Montana and Mexico, plus zeolite in Idaho, across two reportable segments. The Montana facility has historically purchased ore primarily from one... Read more
Sell if holding. Engine safety override at $7.20: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.0/10 and A.R:R 3.1:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 22%; Below-average business quality; Below long-term trend. Chart setup: RSI 52 mid-range, Bollinger mid-band. Score 4.0/10, moderate confidence.
Passes 5/7 gates (favorable risk/reward ratio, clean insider activity, earnings proximity 40d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and SEC filing concern. Suitability: speculative.
About United States Antimony Corporat
About United States Antimony Corporat
United States Antimony's antimony sales more than tripled to $35.4 million in 2025 from $11.1 million in 2024, driven by the average sales price climbing to $25.12 per pound from $7.61 as the Rotterdam antimony benchmark price rose to $23.88 per pound from $10.44. The company processes ore at its Montana smelter and two Mexican facilities into antimony trioxide, metal ingots, and trisulfide, estimating a roughly 4% share of the domestic antimony trioxide market and less than 1% internationally. In 2025, the Montana operation mined 840 tons of its own antimony ore for the first time since the 1980s.
United States Antimony earns revenue by selling finished antimony products on a wholesale basis to industrial companies and government agencies, plus incidental gold and silver recovered from processing antimony ore. The company says it is the only U.S.-based, vertically integrated antimony smelter, competing against foreign producers whose lower-cost imported ore drove domestic antimony mining to a halt in the 1980s. Historically, the Montana facility purchased ore primarily from one supplier in Canada, which also buys back substantially all of the precious metals the company recovers during processing; in 2025 the company began procuring ore from additional international suppliers to reduce that dependence. In September 2025, the company secured a five-year, sole-source IDIQ contract with the U.S. Defense Logistics Agency worth up to $248 million for antimony metal ingots, plus a separate five-year agreement with a new industrial customer for antimony trioxide.
Show full overview
United States Antimony's most concentrated relationship runs through a single Canadian ore supplier: that counterparty has historically provided the majority of feedstock for the Montana smelter and also serves as the buyer for substantially all of the gold and silver the company recovers during processing, meaning the same entity sits on both sides of the Montana facility's input and byproduct-revenue ledger. The company is actively diversifying this exposure — contracting new ore suppliers in Mexico and internationally during 2025, and layering in the $248 million maximum-value Defense Logistics Agency contract running through September 2030 — but as of the 10-K's filing date, the legacy Canadian relationship remains renewed annually rather than locked in under a multi-year agreement.
See also: Basic Materials · Other Industrial Metals & Mining
From United States Antimony Corporat's most recent 10-K filing, extracted July 6, 2026.
Recent developments
updated 2026-07-07Recent Developments — United States Antimony Corporat
Material events (past 30 days)
- 8K Jun 8, 2026 HIGH Item 4.01: Assure CPA, LLC resigned as independent auditor effective June 3, 2026 after combining its practice with Sadler Gibb & Associates, LLC, which the Company engaged as its new auditor. No disagreements or adverse/qualified opinions cited for the FY2025 or FY2024 audits.
Latest news
- NEWS United States Antimony Announces Successful Delivery Of Its First Shipments Of Antimony Metal Ingots During Q2 Under Its — benzinga Jul 1, 2026 positive
- NEWS US, Allies Move To Strengthen AI Supply Chains in Push To Break China’s Grip on Critical Minerals — benzinga Jun 27, 2026 positive
- NEWS United States Antimony Initiates Commission Of Newly Constructed Thompson Falls Antimony Smelter In May — benzinga Jun 9, 2026 positive
- NEWS The War 'Nobody Is Talking About'- Why Tungsten Has Entered A Permanent Shortage — benzinga Jun 9, 2026 neutral
- NEWS HC Wainwright & Co. Maintains Buy on United States Antimony, Raises Price Target to $11.75 — benzinga May 18, 2026 positive
Generated 2026-07-07T13:42:37Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHSupplierCanadian ore supplier10-K Item 1: 'Historically, our Montana facility has purchased ore primarily from one supplier in Canada.'
- HIGHCustomerCanadian ore supplier (precious metals buyback)10-K Item 1: 'generally sells the recovered gold and silver back to the ore supplier, which represents substantially all of the Company's precious metals sales'
Material Events(8-K, last 90d)
- 2026-06-08Item 4.01HIGHAssure CPA, LLC resigned as independent auditor effective June 3, 2026 after combining its practice with Sadler Gibb & Associates, LLC, which the Company engaged as its new auditor. No disagreements or adverse/qualified opinions cited for the FY2025 or FY2024 audits.SEC filing →
- 2026-05-06Item 5.02MEDIUMCFO Richard Isaak began an indefinite personal leave of absence effective May 4, 2026; Shawn Winkler, formerly CFO of Burrow Global, appointed Interim CFO the same day. Isaak expected to return; clean interim handoff.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
5 floor-breakers
Revenue shrinking — -3.1% YoY. Growth thesis broken unless recovery story develops.static
Cyclical trough — margins compressed or negative. Profitability typically recovers with the cycle, but floor fires on current data.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $7.20: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.0/10 and A.R:R 3.1:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 22%; Below-average business quality; Below long-term trend. Chart setup: RSI 52 mid-range, Bollinger mid-band. Prior stop was $6.75. Score 4.0/10, moderate confidence.
Take-profit target: $10.68 (+47.1% upside). Prior stop was $6.75. Stop-loss: $6.75.
Concentration risk — Supplier: Canadian ore supplier; Concentration risk — Customer: Canadian ore supplier (precious metals buyback); Quality below floor (2.1 < 4.0).
United States Antimony Corporat trades at a P/E of N/A (forward -185.8). TrendMatrix value score: 5.4/10. Verdict: Sell.
10 analysts cover UAMY with a consensus score of 4.2/5. Average price target: $13.
What does United States Antimony Corporat do?United States Antimony Corporation mines, processes, and sells antimony (trioxide, metal ingots, trisulfide) and...
United States Antimony Corporation mines, processes, and sells antimony (trioxide, metal ingots, trisulfide) and precious metals in Montana and Mexico, plus zeolite in Idaho, across two reportable segments. The Montana facility has historically purchased ore primarily from one Canadian supplier, which also buys back substantially all of the recovered gold and silver, and in September 2025 the company signed a five-year, $248 million maximum-value sole-source IDIQ contract with the U.S. Defense Logistics Agency. Antimony sales reached $35.4 million in 2025, up from $11.1 million in 2024.