Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
On that same day, Dec. 10, UAMY CEO Evans bought 200K shares at $1.45. Insiders obviously see a profitable future. Holding since .72, and plan to ride this for awhile yet!
The average person / investor doesn't even know what Antimony is, what its used for or that China, which has a virtual monopoly on its processing has barred its sale to the USA. One of the best kept secrets for now and still we're up, up ,up. Good times ahead for those who bought in early.
I'm amazed the board is still so quiet, even with such a rise. For me, from $0.7758 as my first buy on 12/2 to $2.10 today on 12/16, a mere two weeks!! My average cost basis is much higher, at $1.02 because I kept buying up to about $1.25, but still up over 100% in two weeks. Merry Christmas. Anyway, glad to be on board, wrote the $2.50 calls for extra income, and holding for now. See if they get called away from me. If not, that is another nice gain from the stock. Amazed we are still so dead over here!
uamy.......................https://stockcharts.com/h-sc/ui?s=uamy&p=W&b=5&g=0&id=p86431144783
news for tomorrow
We would like to inform our shareholders and investors that the Chairman and CEO of U.S. Antimony Corporation (NYSE: UAMY), Mr. Gary C. Evans, is being featured tomorrow on Fox Business with Maria Bartiromo at 8:30am Eastern Time, Friday, December 13, 2024.
Viewers can tune in live on FOX Business or visit www.foxbusiness.com for details on the segment.
About United States Antimony Corporation
United States Antimony Corporation (NYSE: UAMY) is a leader in the production and refinement of antimony and zeolite, with a focus on supporting critical industries such as defense, technology, and clean energy. As the only antimony smelter in North America, the company plays a pivotal role in ensuring domestic access to this critical mineral, which is essential for national security and modern manufacturing.
For more information, please visit www.usantimony.com.
More news.
On December 10, 2024, MCMANUS MICHAEL A JR, a Director at United States Antimony Corp (UAMY, Financial), purchased 70,000 shares of the company. Following this transaction, the insider now owns a total of 338,333 shares. This purchase is part of a broader trend, as over the past year, the insider has acquired a total of 255,000 shares and has not sold any shares. United States Antimony Corp is engaged in the production and sale of antimony, silver, gold, and zeolite products. The company operates through its subsidiaries and is involved in mining, milling, and smelting operations. The insider transaction history for United States Antimony Corp indicates a positive trend, with 5 insider buys and 0 insider sells over the past year.
UAMY...............................https://stockcharts.com/h-sc/ui?s=UAMY&p=W&b=5&g=0&id=p86431144783
uamy...................................https://stockcharts.com/h-sc/ui?s=UAMY&p=W&b=5&g=0&id=p86431144783
UAMY................................https://stockcharts.com/h-sc/ui?s=UAMY&p=W&b=5&g=0&id=p86431144783
Hitting the news this afternoon. A little late, but at least hitting.
<<
Shares of United States Antimony Corp (UAMY) have rallied over the past week in the wake of escalating US-China trade tensions, reaching a 52-week high on Friday, heating up retail chatter.
Earlier this week, China banned the exports of rare minerals, including antimony, gallium, and germanium, to the US, a move that could potentially mean an opportunity for companies like United States Antimony.
Easiest Way to Sell Your Home - Cash Offer Within 24 Hours
offerpad.com
Easiest Way to Sell Your Home - Cash Offer Within 24 Hours
Ad
Antimony is a scarce commodity, and United States Antimony sees ongoing supply issues and trade restrictions and resulting worldwide antimony metal prices as an opportunity for the company. It said in a recent release that market prices of the precious metal increased from $5.31 per pound on December 31, 2023 to about $17 per pound as of November 8. Rare minerals are also widely used in the industrial sector
United States Antimony recently reported its third-quarter results, which saw its revenues rise 17% to $2.421 million and its gross profit increase 65% to $426,000.
Loss from continuing operations was $683,000 for the quarter, up from $185,000 in the same period last year. The rise was “directly related” to the company's expanded scope of operations.
Retail sentiment around the stock has turned bullish. Many Stocktwits users were optimistic about the company's prospects, given the application of the rare minerals.
China’s decision to ban exports appeared to be in reaction to the U.S. curbing exports to 140 companies earlier this week.
United States Antimony is up 602% year-to-date.
>>
There's way more activity on Stocktwits.
UAMY...........................https://stockcharts.com/h-sc/ui?s=UAMY&p=W&b=5&g=0&id=p86431144783
The fact that people never clued in to UAMY being the only North American antimony smelter is mind boggling!
I agree, I reloaded this morning. I was not aware of the newer management either.
Stars very much aligned...
stars have aligned...
$PPTA investors finding $UAMY @ .60s: US Antimony Corp..ONLY operating USA mine. Also ONLY USA smelter. Located in Thompson Falls, Montana. $UAMY getting found. BIG play. Link
usantimony.com/uamy-product...
Why is UAMY stagnating?
Antimony is a strategic metal used to harden lead in ordnance. I would think this is prime time for the Company product with skirmishes taking place in the Ukraine and now Israel. Next location will be either Tawain or Iran. In 2019, the U.S. was seeking to sever its’ reliance on China for Antimony and awarded UAMY a DOD contract. This should be boom a time for the stock.
United States Antimony Co. is a corporation claimant based in Thompson Falls, Montana for 212 closed claims. I don’t understand the closed claim description.
Short 580,000 ,could squeeze with this chart,nice solid candle today is great signal of reversal for next leg up breakout
GOLDEN CROSS now over sma200 12% happens only when it’s being loaded and not diluted or being sold
Eps up 438%,no debt,new good directors joining in,building a solid company?
Eps up 438%,no debt,new good directors joining in,building a solid company?
Used in batteries,government grants coming?china produces 90%we need our own supply
Can't argue with this presentation. Looks promising moving forward :)
Presentation out: https://www.usantimony.com/company-presentation-uamy
Looking better! GL!
she has turned up nicely now that the late filing drama has been put to bed and that new mgmt is coming to finally realize the potential here
either ambri 'or' govt contract would be huge here and imo, 'both' can happen
I take it you've seen the transcript now.
call replay available for next week i believe; my jotted down notes (please verify what i think i heard lol)
Notes:
------
Gary Evans ('lead' director)
10k
11mil rev up 43%
9mil cost
~2mil gross profit
1.6mil op expenses
429k net inc
19.4mil working capital
antimony 2023 price/lb down
trying to increase zeolite sales and prices... streamline ops at BRZ
hiring new divisional mgr
up 56% lbs sold anti sales
up 21% tonnage sold zeolite
within 30 days of q1 end q1 filed....... q2 30 days after that
10k late: unexperienced acct staff... 2022 #'s had to be redone... no numbers had to be changed... clean auditor opinion
historically weak on internal controls... high priority working on sarbanes oxley
new website recently brought online
buyback: $203k bought 419k avg price $0.48 can't buy again until q1/q2 filed
hired new fulltime cfo this week... starting 2-3 weeks.. strong background cost accounting
exec search for new CEO ongoing..
a lot more changes coming.....
1 objective, improve operations to increase share price
claim their story hasn't been pitched properly to the govt....
think they're in a unique position being a US producer to meet some military demands...
goal to better educate govt entities to their capabilities/opportunity
visit from Montana mining (something)
Joe attending conference House natural resources committee .. phoenix... critical minerals.. friday...
antimony 'is' on US critical minerals list
what about Ambri?
frequent contact with senior mgmt at ambri.. so far sole supplier of antimony.. have a confidentiality agreement with them... all they can say is they're very close.. speak frequently with them
cognizant of the fact institutions aren't looking at them
aware of ir/pr..
award from a gov agency would be a newsworthy event.. in a perfect seat to do that
wadley surveying.. material thusfar? bought fair amount of ore from them.. grade is not as high as years past.. maybe miners aren't cleaning the ore... added a gravity table at the smelter
sorts out the antimony ... Mgmt / owners are wadley owe documentation so uamy can finish dd... hasn't been supplied... last meeting 3 weeks ago... agreement has been extended
trying to bring it to a head.... has been a heated discussion with the BOD... not living in a complacency zone
mining in montana? slim to nil skinny veins cost ineffective
reason in Mexico... cost of labor...etc...
trisulfides? 2 new furnaces installed yet? every 100 pours they have to change our a crucible... they're rotating furnaces to eliminate downtime..
enough feedstock to produce as much as the market is demanding? have enough at this point using recycled material from US company... resmelt it again....
no antimony trisulfide shipped into US since 2020
were behind last year... currently have a surplus
had 18 tons of concentrates from guadalupe; currently making into trisulfides now
have 11-12 tons of that left.. virgin material
target for eps or share price next? haven't typically put out projections... hard for a small company... share price is based on delivering... if they deliver it will take care of itself
US-based company in this business... 'option value' ... further support from govt and/or govt agencies
zeolite capacity? can it be scaled? company efforts product differentiation?
BRZ has capacity to product a lot more product...
changes were made.. BOD approved capital..... changes could support 3-4x what it is today
crushing to spec is the key item; why they're looking for an expert outside the company
plans to explore new markets? have to 1st be able to meet demand from current markets/customers.. and then expand upon that... see the opportunity
Chart is in a nice spot
So an investor call, interesting.
Will you get a Twitter handle so I can get you in the new magic group?
probably time to monitor this one imo; mgmt/BOD shakeup... investor call here shortly:
https://www.sec.gov/Archives/edgar/data/101538/000165495423009287/uamy_ex991.htm
THOMPSON FALLS, MT / ACCESSWIRE / July 18, 2023 / United States Antimony Corporation ("USAC"), (NYSE American: UAMY) announces a Company Update / Investor Call for the 18th of July at 2:00 PM Mountain Time (4:00 PM Eastern).
Dial In Information:
Toll free: (888) 506-0062 International: (973) 528-0011
Access code: 160138
Remote Replay available for 7 days:
Toll free: (877) 481-4010
International: (919) 882-2331
Confirmation code /Replay Passcode: 48742
Speakers:
John (Gus) Gustavsen, Chairman & CEO
Gary C. Evans, Lead Director
Joe Bardswich, P.E., Director
aside from the new players here, insider buying and share buyback, today's pr leaves the door open for grants/contracts imo
maybe time to put this one back on radar 'and' it appears to be at a good entry point?
https://www.nasdaq.com/press-release/u.s.-antimony-uamy-announces-approval-received-from-dod-for-third-final-antimony