United States Antimony Corporation Q3 2025 Earnings Recap

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.