Quarterly ResultMay 15, 2026, 04:58 PM
US Antimony Q1 Sales $6.8M, Net Loss $11.3M; Strategic Mineral Expansion
AI Summary
United States Antimony Corporation reported Q1 2026 sales of $6.8 million and a net loss of $11.3 million, primarily due to non-cash stock compensation and an unrealized investment loss. Despite the Q1 financial results, the company highlighted significant progress in its multi-mineral strategy, including advancements in antimony, tungsten, gold, copper, and zeolite operations. Key developments include securing government grants, expanding processing capabilities, and substantial resource valuations, positioning the company for accelerated growth and diversification. The company maintains its 2026 revenue guidance of $125 million, with a significant portion expected from federal government shipments.
Key Highlights
- Q1 2026 sales were $6.8 million, nearly comparable to $7 million last year.
- Q1 2026 net loss was $11.3 million, including $4.8M stock compensation and $4.1M unrealized loss.
- Cash, U.S. Treasury securities, and equity securities totaled $60.2 million at Q1 end.
- Zeolite sales increased 60% in March 2026 YoY, with record tons shipped in March and April.
- Fostung tungsten deposit has an inferred resource valued at $9.3 billion gross.
- Nolan Creek antimony-gold deposit has a resource valued over $460 million gross.
- Thompson Falls expansion is nearing operational status, aiming for 80% capacity by mid-July.
- Hydromet facility in Idaho targets 1,000 tons/month of 99.9% pure antimony by 2028.
Price Impact
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