United States Antimony Corp. (UAMY)
NYSEMaterialsIndustrial MaterialsSnapshot 2026-09-04
$5.20+1.17%
Close 2026-09-04 · 1-day change
NYSEMaterialsIndustrial MaterialsSnapshot 2026-09-04
Broken: Primary pillar broken — Improve operating income from losses: metric not reported.
The company aims for $125 million revenue in 2026. It plans $75 million in antimony ingot sales. Management wants to improve operating income from losses. Strategic moves support these goals despite recent losses.
Revenue is falling, down from $13 million to $6.8 million. Operating income worsened from -$3.9 million to -$7.5 million. The company is still losing money and faces management changes.
The market is selling off sharply after earnings misses and guidance cuts. No clear consensus growth or valuation is priced in. The price reflects high risk and weak recent results.
Breaks if: antimony ingot sales fall below $60 million in FY26
Breaks if: operating income loss worsens beyond -$7.5 million in FY26
Breaks if: revenue falls below $100 million in FY26
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a turnaround scenario with a focus on improving operations in antimony mining and zeolite sales. The current thesis state is cautious, as recent financial performance has been weak and management execution has been volatile.
The market appears to have priced in the company's ongoing losses and weak financial performance compared to its peers. There is an expectation for improvement, but the recent lowered guidance suggests that the market remains skeptical.
Management has made progress in specific areas, such as fulfilling Department of Defense contracts and growing zeolite sales, which are on track. However, overall earnings quality remains low, and the company is still loss-making, indicating a challenging path ahead.
Key factors for UAMY's future include the potential for improved guidance in the next quarter, the impact of inflation on the materials sector, and the performance of sector leaders. Positive shifts in these areas could enhance UAMY's outlook.
The most important moves since the prior daily snapshot.
Mixed, the news cuts both ways. The company reported a revenue decline and lowered its full-year guidance to $60-$75 million. However, management expects better margins in the second half of 2026 due to high-margin deliveries. The latest earnings beat supports the thesis, but the guidance cut poses a threat to growth expectations.
as of 2026-09-04
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
The next 1-3 years will depend on management's ability to execute on its priorities and external market conditions. Not investment advice.