United States Antimony Corporation Earnings Recaps
Q3 2025
Nov 13, 2025
United States Antimony Corporation reported a significant 182% year-over-year increase in sales for the first nine months of 2025, driven by price rises and improved production, though the company also incurred a net loss reflecting certain non-cash expenses.
Key takeaways
- Consolidated sales reached $26.2 million for the first nine months, with a gross margin up to 28%, despite facing pressure from declining antimony prices.
- Positive cash flow was generated from operating activities, excluding working capital adjustments, indicating improved financial health compared to the previous year.
- The company significantly bolstered its cash position, ending Q3 with $38.5 million, primarily from warrant exercises and shares sales.
- Secured a three-year antimony ore supply agreement and two major five-year sales contracts, strengthening revenue and supply chains.
- Expanded mining claims and processing capabilities, enhancing its position as a vertically integrated player in the critical minerals market.