US Antimony (NYSE: UAMY) calls its stock undervalued, starts buyback
Rhea-AI Filing Summary
United States Antimony Corporation (UAMY) announced that its Board of Directors has authorized a share repurchase program for up to $100 million of its existing and outstanding common stock. The authorization was disclosed together with a press release dated August 19, 2026.
The company may repurchase shares from time to time in open-market and privately negotiated transactions, through block trades, or via trading plans established under Rule 10b5-1, and intends to conduct open-market repurchases in accordance with Rule 10b-18. The program has no fixed expiration date, does not obligate the company to repurchase any specific amount of stock, and may be modified, suspended, or terminated at any time by the Board.
Chief Executive Officer Gary C. Evans stated that, after a review of US Antimony’s projects in the U.S., Canada, and Mexico and discussion of recent share price performance, the Board unanimously determined the company’s common stock to be undervalued and decided to implement the repurchase program.
Positive
- Board authorizes a substantial $100 million share repurchase program, signaling confidence in the company’s equity value.
- Repurchase authorization has no fixed expiration date, providing long-term flexibility to buy back shares when conditions are favorable.
Negative
- None.
8-K Event Classification
Key Figures
Key Terms
Rule 10b5-1 regulatory
Rule 10b-18 regulatory
forward-looking statements regulatory
critical minerals technical
FAQ
What did UAMY announce on August 19, 2026 in its Form 8-K?
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
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Item 7.01 Regulation FD Disclosure
On August 19, 2026, the Company issued a press release announcing that its Board of Directors (the “Board”) has authorized a share repurchase program of up to $100 million of the Company’s common stock. A copy of the press release is filed as Exhibit 99.1 to this report and is incorporated herein by reference.
A copy of the Press Release is attached as Exhibit 99.1 and is hereby incorporated by reference into this Item 7.01. The information contained in this Current Report on Form 8-K, including Exhibit 99.1 furnished herewith, is being furnished and shall not be deemed “filed” for any purpose, including for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section and shall not be deemed incorporated by reference into any filing under the Exchange Act or the Securities Act of 1933, as amended, regardless of any general incorporation language in such filing, except to the extent expressly stated in such filing.
Item 8.01 Other Events
On August 19, 2026, the Company announced that its Board of Directors has authorized a share repurchase program of up to $100 million of the Company’s common stock.
Under the program, the Company may repurchase shares from time to time in open-market transactions, in privately negotiated transactions, through block trades, or pursuant to trading plans established in accordance with Rule 10b5-1 and Rule 10b-18 under the Exchange Act, based on market conditions, share price, and other factors. The program does not obligate the Company to purchase any shares, has no fixed expiration date, and may be suspended or discontinued at any time.
Cautionary Note Regarding Forward-Looking Statements
This Current Report on Form 8-K, including the Press Release, contains forward-looking statements, including the Company’s plans for, and potential benefit from, the joint venture. Forward-looking statements reflect management's current knowledge, assumptions, judgment, and expectations regarding future performance or events. Although management believes that the expectations reflected in such statements are reasonable, they give no assurance that such expectations will prove to be correct, and you should be aware that actual events or results may differ materially from those contained in the forward- looking statements. Words such as “will,” “expect,” “intend,” “plan,” “potential,” “possible,” “goals,” “accelerate,” “continue,” and similar expressions identify forward-looking statements.
Forward-looking statements are subject to a number of risks and uncertainties including, but not limited to, those described in the Company’s filings on Form 10-K, Form 10-Q, and Form 8-K with the United States Securities and Exchange Commission.
All forward-looking statements are expressly qualified in their entirety by this cautionary notice. You should not rely upon any forward-looking statements as predictions of future events. The Company undertakes no obligation to revise or update any forward-looking statements made in this Current Report on Form 8-K to reflect events or circumstances after the date hereof, to reflect new information or the occurrence of unanticipated events, to update the reasons why actual results could differ materially from those anticipated in the forward-looking statements, in each case, except as required by law.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description | |
| 99.1 | Press Release issued by United States Antimony Corporation dated August 19, 2026 | |
| 104 | Cover Page Interactive Data File (embedded with the inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| UNITED STATES ANTIMONY CORPORATION | ||||
| Dated: | August 19, 2026 | By: | /s/ Gary C. Evans | |
| Gary C. Evans | ||||
| Chief Executive Officer | ||||
Exhibit 99.1
United States Antimony Announces
$100 Million Share Repurchase Program
“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 $100 million of its existing and outstanding common stock.
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: | Media Relations Contact: |
| Jonathan Miller, VP, Investor Relations | Anthony D. Andora |
| 4438 W. Lovers Lane, Unit 100 | Edge Consulting, Inc. |
| Dallas, Texas 75209 | 1560 Market Street, Ste. 701 |
| E-Mail: Jmiller@usantimony.com | Denver, Colorado 80202 |
| Phone: 406-606-4117 | E-Mail: Anthony@EdgeConsultingSolutions.com |
| Phone: 720-317-8927 |