United States Antimony Stock Price, News & Analysis

United States Antimony Corporation (UAMY) has received a notice from the New York Stock Exchange (NYSE) indicating non-compliance due to the failure to file its Annual Report on Form 10-K for the year ended December 31, 2022. The company has until October 17, 2023 to file the report, with the possibility of a six-month extension at NYSE's discretion.

The delay is attributed to the need for additional time by third-party auditors to complete the required audit procedures and review financial statements. While this notice does not immediately affect UAMY's stock listing, the NYSE has the authority to impose delisting procedures if compliance is not achieved. Management is actively working to finalize and file the report at the earliest opportunity.

United States Antimony Corporation (UAMY) announced that the Department of Defense (DOD) has approved its third and final sample of antimony trisulfide, crucial for munitions. The samples originated from ore at the Sierra Guadalupe mines in Zacatecas, Mexico, where UAMY acquired mining concessions in Q3 2022. This approval positions UAMY as the only North American source for antimony trisulfide for DOD applications. The Sierra Guadalupe mines historically produced high-grade antimony and will supply ore to UAMY's Puerto Blanco flotation facility for further processing.

United States Antimony Corporation (UAMY) provided its bi-monthly update for November and December 2022, reporting an antimony price of $5.76 per pound. The company achieved zero lost time or serious injuries, with no environmental incidents reported. Production figures highlight 3420 tons mined at Bear River Zeolite and 2057 tons shipped. However, operational delays affected production, notably due to a catastrophic cone crusher failure and labor bottlenecks. Despite setbacks, significant infrastructure improvements are underway, with expectations of enhanced production in the antimony and zeolite sectors. Future growth is anticipated from investment in facilities.

United States Antimony Corporation (UAMY) has scheduled an Investor Call for December 6, 2022, at 9 AM MST (11 AM EST). Interested parties can join via toll-free or international numbers provided. The call aims to discuss the company's operations and future plans, highlighting potential revenue growth and increased production. A remote replay will be available for 7 days using a specific confirmation code. However, the company cautions investors about reliance on forward-looking statements, due to inherent uncertainties and risks.

United States Antimony Corporation (UAMY) released an update for September and October 2022, reporting an antimony price of $5.31 per pound. The company achieved zero lost time incidents and environmental spills. Production included 177 tons mined and 2007.5 tons shipped from Bear River Zeolite. A decrease in production was noted due to supply issues from Canada and Mexico, now resolved with a record amount of ore at its smelter. Upgrades to operations and new equipment have been implemented, while mining operations in Mexico face legal and safety challenges.

United States Antimony Corporation reported a stable antimony price of $6.16 per pound in its bi-monthly update for July and August 2022. The company achieved zero lost time accidents and zero environmental incidents. Production metrics showed 195 tons of mined zeolite and 1,970 tons sold. The Montana operations are seeing improvements despite ongoing skilled labor shortages. The company is expanding its antimony production capabilities, including collaborations with Ambri and efforts to meet demand from the DOD, enhancing its outlook for future revenues.

US Antimony Corporation reported significant financial growth with Q2 2022 revenue reaching $3,587,925, a 57.7% increase year-over-year. The company sold 363,128 pounds of antimony at an average price of $6.81 per pound. Additionally, cash provided by operating activities improved to $745,038 from negative $2,236,609 in the same period last year. US Antimony has entered into agreements to acquire mining claims in Mexico, enhancing its operational capacity. The company also appointed two new board members to strengthen leadership.

United States Antimony Corporation (UAMY) reported a stable antimony price of $6.26 per pound and achieved zero lost time incidents during May and June 2022, alongside no environmental spills. The company mined 6,726 tons of zeolite, with 2,795 tons sold. The Montana smelter sold 148.38 tons of antimony trioxide and 1.65 tons of antimony metal. Production upgrades at Bear River Zeolite are ongoing, including warehouse completion and operational enhancements. The company is investigating additional ore sources in Mexico and Guatemala.