UAMY
United States Antimony Corporation

United States Antimony CorporationUAMY

Basic Materials · Other Industrial Metals & Mining
2.82USD
+8.88%
Nov 08, 2026
UAMY overview ready
Domestic Processor and Supplier of Critical Antimony Materials
UAMY is a domestic antimony processor and seller whose U.S.
Primary theme is lagging
Critical Materials is lagging (-15.2pp vs SPY over 21 sessions; 0 of 14 members ahead of SPY).
Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
Fair valuation
The price broadly reflects the cash the business actually produces, with upside and risk reasonably balanced.
Unremarkable fundamentals
Primary risk
Dependence on volatile industrial commodity markets.
Market Nov 6Filing Jun 30Price action Nov 7Research Aug 11

Conviction Level

PriceAction3.4BusinessPerformance2.0BusinessQuality—Valuation6.2ThemeMomentum1.0Weakening — Revenue fell 25% year over year in the latest quarter. One recent quarter could not be confirmed and is not part of this read. EPS for this quarter is not in the quarterly data read here; net income moved -39% year over year to $110,290. — From filed financial statements. Describes the recent trajectory of the business, not the stock. 20 of the 100 Conviction points.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
vs SPY
−15.2pp
Theme return
−20.2%
Beating SPY
0 of 14
21 sessions to Nov 6, 2026 · Theme Leadership V2
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
EntryWeak / unconfirmed recovery

The daily chart may be improving, but the weekly fast averages have not been reclaimed — the recovery is not yet confirmed on the higher timeframe.

Key Financials

Market Cap
$422.1M
Avg Volume (60D)
5.5M
60 sessions
Revenue Growth YoY
+162.8%
FY2025 vs FY2024
Gross Margin
+17.4%
Trailing twelve months
Operating Margin
-64.0%
Trailing twelve months
Free Cash Flow Yield
-16.9%
Distance from 200DMA
-60.2%
Next Earnings
2026-11-16
P/E
N/M
EV / Sales
10.4x
Market metrics as of Nov 6, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Business Performance

Weakening

Revenue fell 25% year over year in the latest quarter. One recent quarter could not be confirmed and is not part of this read. EPS for this quarter is not in the quarterly data read here; net income moved -39% year over year to $110,290.

Latest reported: Q2 FY2026, ended Jun 30
Revenue growthDeclining
-25%
$7.9M in Q2 FY2026 · YoY
YoY growth, last 4 quarters
  1. +238%
  2. n/a
  3. -3.1%
  4. -25%
Earnings growthDeclining
-39%
Net income $110K. EPS for this quarter is not in the quarterly data read here.
Too few comparable EPS quarters: a loss or a turn to profit has no meaningful percentage.
Operating marginContracting
-88.1%
-88.3 pp YoY · gross margin 7.4% (-19.6 pp)
The business is consuming cash
The share count is rising

Business Quality

Not assessed

Not assessed yet — the business is too early-stage for its economics to show in filings.

Fundamentals & Valuation

The available comparisons disagreed; the peers comparison is the more reliable method for this business and the others are published as dissent.
United States Antimony Corporation has a Fair valuation stance because the price broadly reflects the cash the business actually produces, with upside and risk reasonably balanced.

What changed

  • UAMY rose 8.9% in one session
    UAMY closed +8.9% while the broad market was close to flat (+0.3%).
    2026-11-06

Company Research

Thesis
UAMY is a domestic antimony processor and seller whose U.S. Processing capacity converts antimony-bearing feed into antimony oxide, metal, and trisulfide products; its zeolite and precious-metals activities provide secondary diversification but are not the core narrative mechanism.
Opportunity
High opportunity
Policy, defense-procurement, and industrial-resilience efforts to establish reliable North American mining, refining, and conversion capacity for antimony materials that are otherwise exposed to concentrated foreign supply and export-control risk.
Key risk
Dependence on volatile industrial commodity markets.

Economic classification

Loading the economic classification…

Business & Markets

Basic Materials · Other Industrial Metals & Mining
What they do

United States Antimony Corporation produces and sells antimony-based products, zeolite, and precious metals primarily in the U.S. Canada, operating through two segments: Antimony and Zeolite. It processes antimony-bearing feedstock into antimony trioxide, metal, and trisulfide products used in various industrial applications.

How it earns

The company generates revenue through transactional sales of antimony, zeolite, and precious metals products to industrial customers.

Products & services
Antimony trioxide
Antimony metal
Antimony trisulfide
Zeolite
Precious metals
Customers & end markets
Plastics and rubber manufacturers
Battery and ordnance producers
Paint and coatings industry
Industrial chemical users
Market position

Niche domestic processor and supplier of antimony products with U.S.-based refining capacity.

Demand drivers
Medium cyclicality

Demand is influenced by industrial production cycles and defense procurement but also driven by strategic supply security efforts.