United States Antimony Stock Price, News & Analysis

United States Antimony (NYSE:UAMY), known as "The Critical Minerals and ZEO Company", has announced its participation in the H.C. Wainwright 26th Annual Global Investment Conference. The event will take place from September 9-11, 2024, at the Lotte New York Palace Hotel in New York City, with virtual participation options available. Gary C. Evans, Chairman and Co-CEO of USAC, is scheduled to present an overview of the company's business on September 10, 2024, from 4:00 PM to 4:30 PM Eastern Time. The presentation will be held in the Rutherford Room and will also be available via webcast for remote attendees.

United States Antimony (NYSE American:UAMY) has announced a lease agreement to operate the Contact Mill, a 700 ton per day flotation facility in Philipsburg, Montana. This fully operational mill will enable USAC to upgrade both foreign and domestic ores that previously couldn't meet the cut-off grade for antimony trisulphide production at their Thompson Falls smelter. The facility can also process other metal sulphide ores, potentially creating new income streams.

Additionally, USAC has expanded its Iron Mask Project in Ontario, Canada, acquiring an additional 2,946 hectares of mining claims. This brings their total land package in the Sudbury District to 4,687 hectares, focusing on high-grade cobalt, nickel, and bismuth mineralization. The company continues exploration and development activities in Alaska and Canada to increase short-term production of antimony and other critical minerals.

United States Antimony (NYSE American:UAMY) has acquired 69 State of Alaska mining claims, covering 11,040 acres. The acquisition was based on recommendations from experienced geologists and historical data. A key target is an 8-foot-wide quartz vein with high copper content, averaging 16.5% copper, 0.076 opt gold, and 2.21 opt silver from 13 samples. The area is accessible via 10 miles of existing resource roads from a major highway.

This acquisition, along with recent claims in Ontario, Canada, expands USAC's strategic mineral reserves. The company is considering additional mining opportunities in Alaska and is in discussions with other claim holders. USAC emphasizes the importance of domestic critical mineral access, especially in light of China's recent decision to limit antimony sales globally.

United States Antimony (NYSE American:UAMY), known as "The Critical Minerals and ZEO Company," has announced its participation in the Sidoti August Virtual Investor Conference on August 14-15, 2024. Gary C. Evans, Chairman and Co-CEO, will present on August 14th at 1:00 PM ET and host one-on-one meetings with investors.

The presentation can be accessed live via a provided Zoom link. Investors can register for the presentation and one-on-ones at www.sidoti.com/events, with registration being free and open to all.

Additionally, UAMY released its Q2 2024 earnings on August 9th, 2024, highlighting progress in expanding production capabilities and improving financial performance. Detailed earnings information is available on the company's website.

United States Antimony (NYSE:UAMY) has acquired 97 mining claims and 3 mining leases in the Sudbury District of Ontario, Canada. The property, covering approximately 1,741 hectares, shows potential for high-grade cobalt, nickel, copper, bismuth, silver, and gold. This acquisition aligns with the Canadian government's billion-dollar plan to boost the critical minerals sector, focusing on cobalt, nickel, and copper.

The property's strategic location offers excellent accessibility via provincial highway and proximity to the Canadian Pacific Railroad. It's situated within 10 miles of the Sudbury Basin, Canada's premier mining district. Joe Bardswich, Director and Co-CEO, expressed excitement about the opportunity, highlighting USAC's control over four critical mineral ores: cobalt, nickel, bismuth, and antimony.

United States Antimony (NYSE American:UAMY) reported increased revenues and gross profit for Q2 and H1 2024. H1 2024 revenues rose 26% to $5.6 million, with gross profit up 122% to $950k. Q2 2024 saw a 24% revenue increase to $2.813 million and a 135% gross profit jump to $908.6k. The company reported net income from continuing operations of $30k for H1 2024.

Key highlights include:

• Bear River Zeolite operations improved with 94.3% runtime in Q2 2024
• Antimony prices nearly doubled from $5.31/lb to $10.64/lb due to supply issues
• Mexican operations shut down, now reported as 'Discontinued Operation'
• Cash position increased to $12.39 million as of June 30, 2024

The company aims to focus on critical minerals access, expand its zeolite business, and improve customer delivery reliability.

United States Antimony (NYSE:UAMY) has announced a webcast scheduled for Friday, August 9, 2024, at 3:15 PM Central Time to review the company's Second Quarter and Six Months Ended June 30, 2024 Operating and Financial Results. The webcast will last 60 minutes and include a Q&A session where questions can be submitted through the online portal. Participants can join via toll-free or international numbers using the access code 178356. Key speakers will include Gary C. Evans (Chairman and Co-CEO), Joseph Bardswich (Director and Co-CEO), and Rick Isaak (SVP and CFO). A replay of the webcast will be available until August 14, 2024, on the company's website under the Investors tab.

United States Antimony (NYSE:UAMY) has appointed Fred L. 'Pete' Bunger as a new Technical Advisory Director. Bunger, founder and President of ZEO, Inc., brings extensive expertise in zeolite products and applications. His company is a major customer of UAMY's subsidiary, Bear River Zeolite. Bunger's experience includes roles at Occidental Petroleum and DuPont, with a Ph.D. in Inorganic Chemistry. Chairman & Co-CEO Gary C. Evans praised Bunger's knowledge and contributions, highlighting ongoing collaboration on a potential new zeolite product. Bunger expressed enthusiasm for his new role, focusing on innovation and developing zeolite's potential to drive growth and deliver sustainable solutions globally.

United States Antimony (NYSE:UAMY) has launched a new zeolite cattle feed additive called CattleMax™ through its subsidiary, Bear River Zeolite Company (BRZ). The product will be part of BRZ's Zeo-True Naturals line and initially offered in bulk 'super sacks'. BRZ aims to expand its market share in the animal feed space, which currently accounts for 25% of its revenue. The company plans to offer competitive introductory pricing and develop smaller packaging sizes for smaller-scale customers. To support this expansion, USAC has hired Jonathan Miller as Global Sales Manager. Additionally, BRZ has unveiled a new logo representing the purity of its zeolite sourced from an Idaho deposit.