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UAMY Stock Risk & Deep Value Analysis

United States Antimony Corp

Basic Materials • Other Industrial Metals & Mining

DVR Score

3.1

out of 10

Risk Trap

What You Need to Know About UAMY Stock

We analyzed United States Antimony Corp using our deep value framework. Sign in to see our full verdict and DVR Score.

We ran UAMY through our deep value framework — analyzing financial health, distress signals, competitive moat, and risk factors. Our risk assessment: Aggressive. Here's what we found.

Updated Apr 18, 2026Run Fresh Analysis →

UAMY Risk Analysis & Red Flags

What Could Go Wrong

The company may fail to translate its significant new contracts and 2026 revenue guidance into sustainable net profitability and positive free cash flow. This, coupled with potential dilution from increasing authorized shares, could lead to a significant re-rating of its currently high valuation for a mining operation.

Risk Matrix

Overall

Aggressive

Financial

High

Market

Medium

Competitive

Medium

Execution

Medium

Regulatory

Low

Red Flags

  • Widening net loss despite substantial revenue growth.

  • High forward P/S ratio (12x+) for a mining company, indicating significant optimism already priced in.

  • Request to significantly increase authorized common shares, signaling potential future dilution.

  • Lack of reported positive operating or free cash flow metrics.

Upcoming Risk Events

  • 📅

    Failure to meet 2026 revenue guidance

  • 📅

    Significant share dilution post-June 12 meeting without corresponding value creation

  • 📅

    Unexpected operational issues at mining sites

  • 📅

    Price decline in antimony or zeolite commodities

When to Reconsider

  • 🚪

    Failure to meet or significantly downgrade 2026 revenue guidance.

  • 🚪

    Sustained negative free cash flow beyond the next 2-3 quarters without a clear path to profitability.

  • 🚪

    Share price drop below $8.50 with sustained selling pressure.

  • 🚪

    Announcement of a large dilutive equity raise that significantly impacts per-share metrics.

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What Does United States Antimony Corp (UAMY) Do?

Market Cap

$1.56B

Sector

Basic Materials

Industry

Other Industrial Metals & Mining

Employees

60

United States Antimony Corporation produces and sells antimony, zeolite, and precious metals in the United States and Canada. It operates in two segments: Antimony and Zeolite. The company offers antimony oxide that is primarily used in conjunction with a halogen to form a synergistic flame retardant system for plastics, rubber, fiberglass, textile goods, paints, coatings, and paper, as well as color fastener in paints and as a phosphorescent agent in fluorescent light bulbs; antimony trisulfide used as a primer in ammunition; and antimony metal for use in bearings, storage batteries, and ordnance. The company also offers coarse and fine zeolite for soil amendment and fertilizer, water filtration, sewage treatment, nuclear waste and other environmental cleanup, odor control, gas separation, and animal nutrition applications, as well as in catalysts, petroleum refining, concrete, solar energy and heat exchange, desiccants, pellet binding, horse and kitty litter, traction control, ammonia removal from mining waste, and floor cleaners; carriers for insecticides, pesticides, and herbicides. In addition, it recovers unrefined and refined gold and silver. The company was founded in 1968 and is based in Dallas, Texas.

Visit United States Antimony Corp Website

Investment Thesis

UAMY is a high-growth, albeit high-risk, play on the increasing strategic importance of domestic US critical minerals, particularly antimony. The company is demonstrating strong execution with substantial revenue growth (163% in FY25), securing significant new contracts ($354M), and providing robust 2026 guidance ($125M). With a strong cash position, UAMY is well-positioned to capitalize on secure supply chain demands and become a key US supplier, potentially offering significant upside if it can translate revenue growth into sustainable profitability.

Is UAMY Stock Undervalued?

United States Antimony Corp (UAMY) demonstrates improved operational execution and financial health since the last analysis, marked by a 163% YoY revenue increase to $39.26M in FY 2025, securing $354M in new contracts, and issuing robust $125M revenue guidance for 2026. This indicates clear demand and a strategic focus on expanding its critical minerals business. The company also holds a strong cash position of $91.3M. However, despite these positives, achieving a 10x return within 3-5 years remains highly challenging due to the capital-intensive nature of mining, limited scalability compared to disruptive tech, and a stretched forward P/S valuation of over 12x. The widening net loss and the potential for significant shareholder dilution from an increased share authorization are notable concerns, tempering the growth outlook for exponential returns.

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UAMY Price Targets & Strategy

12-Month Target

$15.00

Bull Case

$25.00

Bear Case

$5.00

Valuation Basis

15x forward P/S multiple applied to an optimistic $150M projected FY26 revenue.

Entry Strategy

Consider dollar-cost averaging in the range of $9.50-$10.00, potentially near recent support levels after the post-earnings dip.

Exit Strategy

Take initial profits at $15.00, re-evaluate at $20.00 for further profit-taking. Set a stop-loss at $8.50.

Portfolio Allocation

5-7% for aggressive risk tolerance.

Price Targets & Strategy

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Is UAMY Financially Healthy?

Valuation

P/E Ratio

34.22

Price/Book

9.31

Price/Sales

34.22

Profitability

Gross Margin

25.15%

Operating Margin

-13.09%

Net Margin

-11.05%

Return on Equity

-6.14%

Revenue Growth

162.81%

EPS

$-0.03

Balance Sheet

Current Ratio

5.38

Quick Ratio

4.11

Debt/Equity

0.00

Other

Beta (Volatility)

0.27

Does UAMY Have a Competitive Moat?

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Moat Rating

🛡️ Narrow

Moat Trend

Expanding

Moat Sources

2 Identified

Efficient Scale (Limited number of significant antimony deposits and processing facilities, especially in North America)Intangible Assets/IP (Proprietary mining claims, operational know-how in processing specific minerals)

The moat is primarily based on the scarcity of domestic antimony supply and increasing national security focus on critical minerals. This makes it reasonably durable for the next 10-15 years, as establishing new mines and processing capabilities is capital-intensive and time-consuming.

Moat Erosion Risks

  • Discovery of new, high-grade, low-cost antimony deposits globally.
  • Technological advancements that significantly reduce the need for antimony in key applications.
  • Intensified competition from global low-cost producers if geopolitical tensions ease.

UAMY Competitive Moat Analysis

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UAMY Market Intelligence

Sentiment & Insider Activity

Social Sentiment

Neutral (Company operates in a niche industrial sector, generally not subject to widespread retail speculation unless specific news emerges).

Institutional Sentiment

Positive (Institutional ownership increased 51.83% MRQ, indicating growing conviction).

Insider Activity (Form 4)

No specific Form 4 filings detailed for buys/sells by named individuals/titles in last 90 days.

Options Flow

Normal options activity (No specific unusual activity reported in the provided data).

Earnings Intelligence

Next Earnings

2026-05-14

Surprise Probability

Medium

Historical Earnings Pattern

Stock fell 10.4% post-FY25 earnings release despite strong revenue growth, suggesting market sensitivity to profitability and valuation concerns.

Key Metrics to Watch

Progress towards $125M 2026 revenue guidanceOperating cash flow and free cash flowGross margin trend and path to net profitability

Competitive Position

Top Competitor

No direct public competitor listed with similar scale and critical US domestic focus; global competitors are larger, often state-backed entities.

Market Share Trend

Gaining market share in the specific niche of US antimony supply, driven by new contracts and operational restart.

Valuation vs Peers

Trading at a significant premium on forward P/S (12x+) compared to traditional mining companies, but potentially justified by its critical mineral status and high growth trajectory.

Competitive Advantages

  • Strategic importance of domestic US antimony supply (critical mineral status)
  • Established mining operations and processing expertise in antimony/zeolite
  • Potential for government support and incentives for critical mineral producers

Market Intelligence

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What Could Drive UAMY Stock Higher?

Near-Term (0-6 months)

  • Q1 2026 Earnings (May 14, 2026)
  • Shareholder Meeting for Authorized Share Increase (June 12, 2026)
  • Updates on Montana mining operations production ramp-up

Medium-Term (6-18 months)

  • Execution and reporting on $354M antimony contracts
  • Progress on Fostung Project development
  • Potential new government support/incentives for domestic critical mineral production

Long-Term (18+ months)

  • Significant expansion into new high-tech applications for antimony (e.g., next-gen batteries, quantum computing)
  • Establishment as a dominant US critical minerals supplier
  • Strategic M&A to diversify or vertically integrate

Catalysts & Growth Drivers

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What's the Bull Case for UAMY?

  • Acceleration in operating cash flow towards positive territory.

  • Consistent achievement or exceeding of revenue guidance.

  • Further high-value, long-term supply contracts.

  • Confirmation of no significant dilution from the increased authorized shares.

Bull Case Analysis

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Competing with UAMY

See how United States Antimony Corp compares to related companies

CompanyMarket CapDVR ScoreP/ERevenueProfit MarginRev Growth

United States Antimony Corp

UAMY

$1.6B3.134.2$39.3M-11.1%162.8%

Air Products and Chemicals Inc

APD

$65.8B1.2-197.5$12.0B-2.7%1.4%Compare →

Freeport-McMoRan Inc

FCX

$88.0B0.939.9$26.4B7.8%-28.0%Compare →

Newmont Corporation

NEM

$130.0B1.017.4$22.7B31.7%21.0%Compare →

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How United States Antimony Corp Makes Money

United States Antimony Corp (UAMY) primarily makes money by mining and processing industrial minerals, specifically antimony and zeolite, and selling these commodities to industrial customers. Antimony is a critical mineral used in flame retardants, lead-acid batteries, and as an alloy in various metals, with emerging applications in high-tech sectors. Zeolite is used in environmental remediation, agriculture, and animal feed. The company leverages its mining operations in the US and Mexico to produce these materials, benefiting from increasing demand for secure, domestic supply chains for critical minerals.

Read Full Business Model Breakdown

FAQ

What is the DVR Score for United States Antimony Corp (UAMY)?

As of April 18, 2026, United States Antimony Corp has a DVR Score of 3.1 out of 10, placing it in the "Risk Trap" category. This score is generated by our AI-powered deep value analysis framework that evaluates growth potential, financial health, competitive moat, and risk factors.

What is the market capitalization of United States Antimony Corp?

United States Antimony Corp's market capitalization is approximately $1.6B. The company operates in the Basic Materials sector within the Other Industrial Metals & Mining industry.

What ticker symbol does United States Antimony Corp use?

UAMY is the ticker symbol for United States Antimony Corp. The company trades on the ASE.

What is the risk level for UAMY stock?

Our analysis rates United States Antimony Corp's overall risk as Aggressive. This assessment considers execution risk, market risk, financial risk, competitive risk, and regulatory risk. For a full breakdown, see the risk analysis section above.

What is the P/E ratio of UAMY?

United States Antimony Corp currently has a price-to-earnings (P/E) ratio of 34.2. This is above the market average, suggesting the stock may be priced for high growth expectations.

Is United States Antimony Corp's revenue growing?

United States Antimony Corp has reported revenue growth of 162.8%. The company is showing strong top-line momentum.

Is UAMY stock profitable?

United States Antimony Corp has a profit margin of -11.1%. The company is currently unprofitable.

How often is the UAMY DVR analysis updated?

Our AI-powered analysis of United States Antimony Corp is refreshed regularly to incorporate the latest financial data, market conditions, and news. The most recent update was on April 18, 2026.

Important Disclaimer – Not Financial Advice

Deep Value Reports is an independent research platform for educational and informational purposes only. We are not financial advisors, investment advisors, or licensed professionals. The analysis, scores, and information provided on this page for UAMY (United States Antimony Corp) should not be construed as personalized investment advice, a recommendation to buy or sell any security, or an offer to provide investment advisory services.

All investments involve risk, including the potential loss of principal. Past performance does not guarantee future results. Always conduct your own research, consider your financial situation, and consult with a qualified financial advisor before making any investment decisions.

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