Quarterly ResultAug 11, 2026, 04:14 PM
US Antimony H1 2026 Net Loss $11.18M; Revenue Down 16%
AI Summary
United States Antimony Corp reported a net loss of $11.18 million for the first six months of 2026, a significant decline from a $0.73 million profit in the prior year, with revenues decreasing 16% to $14.71 million. The company experienced a substantial increase in operating expenses, which contributed to the loss. Despite the financial downturn, US Antimony secured a $245 million contract with the DLA, received a $27 million government grant, and entered a joint venture, while also seeing its cash and cash equivalents and total stockholders' equity increase significantly.
Key Highlights
- H1 2026 net loss was $11.18 million, compared to $0.73 million profit in H1 2025.
- H1 2026 revenue decreased 16% to $14.71 million from $17.53 million in H1 2025.
- Operating expenses for H1 2026 surged to $16.19 million from $4.83 million in H1 2025.
- Secured a five-year, $245 million contract with the U.S. Defense Logistics Agency.
- Awarded a $27 million government grant for antimony processing and mining operations.
- Entered a joint venture with Americas Gold and Silver Corporation in February 2026.
- Cash and cash equivalents increased to $41.43 million from $30.49 million at year-end 2025.
- Total stockholders' equity rose to $181.02 million from $140.96 million at year-end 2025.
Price Impact
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