United States Antimony Announces $100 Million Share Repurchase Program
Rhea-AI Summary
United States Antimony (NYSE:UAMY) announced that its Board has approved a share repurchase program authorizing the Company to buy back up to $100 million of its outstanding common stock. Repurchases may occur via open market purchases, privately negotiated transactions, or other methods, at the discretion of the Board‑authorized Finance Committee, subject to market conditions and corporate needs.
The program has no fixed expiration date, may be modified or terminated at any time, and does not obligate the Company to repurchase any minimum amount. According to United States Antimony, the Board unanimously determined the stock to be undervalued following a review of its projects in the U.S., Canada, and Mexico.
Positive
- $100 million share repurchase authorization, providing potential capital return and EPS support
- Board and management view UAMY shares as undervalued after project review
- Flexible repurchase methods, including open market and privately negotiated transactions
Negative
- Program is discretionary and does not guarantee any specific repurchase amount
- Authorization has no fixed end date, creating uncertainty on timing of buybacks
News Explained
The authorized ceiling of
Market Reaction – UAMY
Following this news, UAMY has gained 2.11%, reflecting a moderate positive market reaction. The stock is currently trading at $5.31. Trading volume is very high at 4.7x the average, suggesting strong buying interest.
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Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Aug 11 | 2Q26 earnings report | Negative | -24.5% | Lower revenue, operating loss, and reduced full-year revenue guidance |
| Aug 10 | CEO media appearance | Neutral | -2.6% | CEO scheduled for a Bloomberg Television appearance |
| Aug 7 | CEO media appearance | Neutral | -2.6% | CEO scheduled for a FOX Business television appearance |
| Aug 6 | 2Q26 earnings scheduling | Neutral | +10.3% | Company scheduled quarterly results and webcast for August 11 |
| Aug 5 | Mining activities update | Positive | +4.3% | Mining and sampling programs advanced across Alaska, Montana, and Ontario |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Historical reactions varied, with the mining update aligning positively while recent earnings-related news was followed by substantial declines.
Key Terms
rule 10b-18 regulatory
rule 10b5-1 plans regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
"The Critical Minerals and ZEO Company"
~ Antimony, Gold, Tungsten, and Zeolite ~
DALLAS, TX / ACCESS Newswire / August 19, 2026 / United States Antimony Corporation ("USAC," "US Antimony," or the "Company"), (NYSE:UAMY)(NYSE Texas:UAMY), a leading producer and processor of antimony, zeolite, and other critical minerals, and the only fully integrated antimony company in the world outside of China and Russia, announced today that the Company's Board of Directors has approved and authorized a share repurchase program under which the Company may repurchase up to
Repurchases under the program may be made in the open market, in privately negotiated transactions, or otherwise, with the amount and timing of repurchases to be determined at the discretion of the Company's Finance Committee as authorized by the Board of Directors, depending on market conditions and corporate needs. Open market repurchases will be structured to occur in accordance with applicable federal securities laws, including within the pricing and volume requirements of Rule 10b-18 under the Securities Exchange Act of 1934, as amended. The Company may also, from time to time, enter into Rule 10b5-1 plans to facilitate repurchases of its shares under this authorization. This program does not have a fixed expiration date, does not obligate US Antimony to acquire any particular amount of common stock, and may be modified, suspended, or terminated at any time at the discretion of the Company's Board of Directors.
Commenting on this announcement today, Mr. Gary C. Evans, Chairman and CEO of USAC, stated, "At our board meeting yesterday, our recent share price was thoroughly discussed after a lengthy review of all USAC's various projects located in the U.S., Canada, and Mexico. In light of the future potential of the Company's current activities and after a thorough review by the Board of Directors, it was determined by unanimous consent, that the price of USAC's common stock was deemed to be undervalued and the Company should implement the share repurchase program today."
About USAC:
United States Antimony Corporation and its subsidiaries in the U.S., Mexico, and Canada ("USAC," "U.S. Antimony," the "Company," "Our," "Us," or "We") sell antimony, zeolite, and precious metals primarily in the U.S., Mexico, and Canada. The Company mines, purchases, and processes ore primarily into antimony oxide, antimony metal, antimony trisulfide, and precious metals at its facilities located in Montana and Mexico. Antimony oxide is used to form a flame-retardant system for plastics, rubber, fiberglass, textile goods, paints, coatings, and paper, as a color fastener in paint, and as a phosphorescent agent in fluorescent light bulbs. Antimony metal is used in bearings, storage batteries, and ordnance. Antimony trisulfide is used as a primer in ammunition. The Company also recovers precious metals, primarily gold and silver, at its Montana facility from third party ore. At its Bear River Zeolite ("BRZ") facility located in Idaho, the Company mines and processes zeolite, a group of industrial minerals used in water filtration, sewage treatment, nuclear waste and other environmental cleanup, odor control, gas separation, animal nutrition, soil amendment and fertilizer, and other miscellaneous applications. Beginning in 2024 and continuing in 2025, the Company acquired mining claims, real properties (patented claims) and leases located in Alaska, Montana, and Ontario, Canada in an effort to reduce the cost of third-party antimony ore purchases and to expand its product offerings.
Learn more about United States Antimony Corporation at www.usantimony.com.
Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements regarding the Company's future operations, production levels, financial performance, business strategy, market conditions, demand for antimony, zeolite, other critical minerals, and precious metals, expected costs, and other statements that are not historical facts. These statements are based on current expectations, estimates, forecasts, and projections about the industries in which the Company operates, as well as management's beliefs and assumptions. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," "may," "will," "should," "could," and variations of these words or similar expressions are intended to identify such forward-looking statements.
Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in such statements, including, but not limited to: fluctuations in the market prices and demand for antimony and zeolite; changes in domestic and global economic conditions; operational risks inherent in mining and mineral processing; geological or metallurgical conditions; availability and cost of energy, equipment, transportation, and labor; the Company's ability to maintain or obtain permits, licenses, and regulatory approvals; changes in environmental and mining laws or regulations; competitive factors; the impact of geopolitical developments; and the effects of weather, natural disasters, or health pandemics on operations and supply chains. Additional information regarding risk factors that could cause actual results to differ materially is included in the Company's filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.
The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.
Investor Relations Contact:
Jonathan Miller, VP, Investor Relations
United States Antimony Corporation
4438 W. Lovers Lane, Unit 100
Dallas, Texas 75209
Phone: 406-606-4117
Email: Jmiller@usantimony.com
Media Relations Contact:
Anthony D. Andora
Edge Consulting, Inc.
1560 Market Street, Ste. 701
Denver, Colorado 80202
Phone: 720-317-8927
Email: Anthony@EdgeConsultingSolutions.com
SOURCE: United States Antimony Corporation
View the original press release on ACCESS Newswire