UAMY on NYSE

UNITED STATES ANTIMONY CORP

American Primary Smelting and Refining of Nonferrous Metals company. Summary from the record

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Last updated Oct 19, 2026.

Overview

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  • TickerUAMY on NYSE1
  • IndustryPrimary Smelting & Refining of Nonferrous Metals1
  • HeadquartersDallas, Texas1
  • Incorporated inMT2
  • Business address4438 W Lovers Lane, Unit 100, Dallas, Tx 752092
  • Filer categoryNon-accelerated filer, Smaller reporting company2

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United States Antimony Corporation’s (“US Antimony,” “USAC,” the “Company,” “we,” “us,” and “our,”) principal business is in the mining, procuring, processing and sale of antimony and precious metals, primarily gold and silver, in Montana and Mexico, and the mining, processing, and sale of zeolite in Idaho. Beginning in late 2024 and continuing in 2025, the Company acquired mining claims in Alaska, Montana, and Canada prospective for antimony, tungsten, cobalt and other critical minerals. In addition, the Company entered into an agreement to acquire exploration rights for mining properties located in the southeastern United States. The Company also procured antimony ore from new international suppliers and is nearing construction completion of an expansion of its antimony processing facility located in Montana that is expected to more than triple its current capacity. This additional ant…3 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

25.2%Gross margin4
-21.5%Operating margin4
-11.1%Net margin4
162.8%Revenue growth, 20254
-3.1%Return on equity4
0.00×Debt to equity4
-$37.5MFree cash flow4

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Antimony brought in 90% of the revenue UNITED STATES ANTIMONY CORP broke down this way in fiscal 2025.

  1. Antimony$35.4M490%up 208% from 2024
  2. Zeolite$3.4M49%up 14% from 2024
  3. Precious Metals$519.9K41%down 1% from 2024
Products and services by year
Products and services20242025
Antimony$11.5M$35.4M
Zeolite$2.9M$3.4M
Precious Metals$525.1K$519.9K

Business segments

Antimony brought in 91% of the revenue UNITED STATES ANTIMONY CORP broke down this way in fiscal 2025.

  1. Antimony$35.9M491%up 199% from 2024
  2. Zeolite$3.4M49%up 14% from 2024
Business segments by year
Business segments20242025
Antimony$12.0M$35.9M
Zeolite$2.9M$3.4M

Regions

United States brought in 97% of the revenue UNITED STATES ANTIMONY CORP broke down this way in fiscal 2025.

  1. United States$38.1M497%up 203% from 2024
  2. CA [member]$1.1M43%down 43% from 2024
Regions by year
Regions20242025
United States$12.6M$38.1M
CA [member]$2.0M$1.1M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue75¢$29.4M
  • Other costs25¢$9.9M

Out of $39.3M in revenue.4 The company lost money this year.

Financial statements

Revenue567894$39.3M in 2025+375% since 2019
0$10.0M$20.0M$30.0M$40.0M2019: $8.3M$8.3M20192020: $5.2M$5.2M2020−37%2021: $7.7M$7.7M2021+48%2022: $11.0M$11.0M2022+43%2023: $8.7M$8.7M2023−21%2024: $14.9M$14.9M2024+72%2025: $39.3M$39.3M2025+163%
Gross profit567894$9.9M in 2025
-$5.0M0$5.0M$10.0M2019: -$816.3K-$816.3K20192020: $205.7K$205.7K20202021: $838.6K$838.6K2021+308%2022: $2.0M$2.0M2022+138%2023: -$3.3M-$3.3M20232024: $3.5M$3.5M20242025: $9.9M$9.9M2025+185%
Operating income567894-$8.5M in 2025+125% since 2019
-$10.0M-$7.5M-$5.0M-$2.5M0$2.5M2019: -$3.8M-$3.8M20192020: -$3.3M-$3.3M2020−12%2021: -$660.3K-$660.3K2021−80%2022: $348.2K$348.2K20222023: -$7.1M-$7.1M20232024: -$2.4M-$2.4M2024−66%2025: -$8.5M-$8.5M2025+254%
Net income567894-$4.3M in 2025+18% since 2019
-$8.0M-$6.0M-$4.0M-$2.0M0$2.0M2019: -$3.7M-$3.7M20192020: -$3.3M-$3.3M2020−11%2021: -$60.5K-$60.5K2021−98%2022: $428.7K$428.7K20222023: -$6.3M-$6.3M20232024: -$1.7M-$1.7M2024−73%2025: -$4.3M-$4.3M2025+151%

Every line of the income statement as filed: the last 2 fiscal years, latest first.4

Period ending2025-12-312024-12-31
Revenues$39.3M$14.9M
Cost of revenues$29.4M$11.5M
Gross profit$9.9M$3.5M
General and administrative$3.1M$2.1M
Salaries and benefits$11.6M$2.4M
Professional fees$2.4M$968.8K
Loss on sale or disposal of property, plant and equipment, net$51.4K$11.1K
Gain on lease termination-$469.8K
Other operating expenses$1.7M$475.0K
Total operating expenses$18.3M$5.9M
Loss from operations-$8.5M-$2.4M
Interest and investment income$810.5K$668.5K
Unrealized gain on investment in equity securities$3.3M
Other miscellaneous income (expense), net-$12.7K-$8.1K
Total other income, net$4.1M$660.4K
Loss before income taxes-$4.3M-$1.7M
Income tax expense$0$0
Net loss-$4.3M-$1.7M
Preferred dividends-$7.5K-$7.5K
Net loss available to common shareholders-$4.3M-$1.7M
Basic (in dollars per share)-$0.04-$0.02
Diluted (in dollars per share)-$0.04-$0.02
Basic (in shares)123.6M shares108.6M shares
Diluted (in shares)123.6M shares108.6M shares

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Leadership

Who has led UNITED STATES ANTIMONY CORP, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. John C. Gustavsen2021
  2. Gary C. Evans2024–now
  3. Lloyd Bardswich2024

Chair

  1. Gary C. Evans2024–now

President

  1. John C. Lawrence2011–2020
  2. Russ C. Lawrence2022
  3. John C. Gustavsen2024–2026
  4. Melissa Pagen2026–now

Chief financial officer

  1. Richard R. Isaak2024–2026
  2. Shawn P. Winkler2026–now

Chief operating officer

  1. Melissa Pagen2026–now
201520202025
Board members and other officers (19)

Timeline

  1. May 22, 2024New chief executive Gary C. Evans becomes CEO12
  2. May 22, 2024New chief executive Lloyd Bardswich becomes CEO13
  3. Apr 30, 2021New chief executive John C. Gustavsen becomes CEO14

Filings

290 filings to the SEC since October 2021: 7 annual reports, 16 quarterly reports, 112 major events, 82 insider forms, 10 large holders, 63 other. The latest 20:

  1. Oct 2, 20268-K EDGAR
  2. Oct 2, 20268-K EDGAR
  3. Sep 2, 20264 OWNERSHIP DOCUMENT EDGAR
  4. Sep 1, 20264 OWNERSHIP DOCUMENT EDGAR
  5. Aug 31, 20264 OWNERSHIP DOCUMENT EDGAR
  6. Aug 28, 20264 OWNERSHIP DOCUMENT EDGAR
  7. Aug 25, 20268-K EDGAR
  8. Aug 19, 20268-K EDGAR
  9. Aug 17, 20268-K EDGAR
  10. Aug 14, 2026SCHEDULE 13G/A EDGAR
  11. Aug 14, 2026SCHEDULE 13G EDGAR
  12. Aug 11, 20268-K EDGAR
  13. Aug 11, 202610-Q EDGAR
  14. Aug 7, 2026SCHEDULE 13G EDGAR
  15. Aug 6, 20268-K EDGAR
  16. Jun 17, 20264 OWNERSHIP DOCUMENT EDGAR
  17. Jun 16, 20268-K EDGAR
  18. Jun 8, 2026DEFA14A EDGAR
  19. Jun 8, 20268-K EDGAR
  20. Jun 3, 20264 OWNERSHIP DOCUMENT EDGAR

The 290 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

36 open-market trades by officers, directors and large owners since October 2021: 36 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 1, 2026Bardswich LloydDir, EVP & Chief Mining EngBuy20,000$4.64$92.8KForm 4
Sep 1, 2026Carrabba Joseph ADirectorBuy21,300$4.72$100.5KForm 4
Aug 31, 2026Aguirre Blaise A.DirectorBuy1,400$5.04$7.1KForm 4
Aug 28, 2026EVANS GARY CChairman & CEOBuy20,000$4.92$98.4KForm 4
Jun 15, 2026Marinelli Jon RDirectorBuy12,500$7.45$93.1KForm 4
Sep 26, 2025EVANS GARY CChairman & CEOBuy100,000$6.13$613.0KForm 4
Dec 10, 2024EVANS GARY CChairman & CEOBuy200,000$1.45$290.0KForm 4
Dec 10, 2024MCMANUS MICHAEL A JRDirectorBuy70,000$1.46$102.2KForm 4
Nov 18, 2024MCMANUS MICHAEL A JRDirectorBuy50,000$0.57$28.5KForm 4
Sep 9, 2024ISAAK RICHARD RSVP, Chief Financial OfficerBuy5,000$0.69$3.5KForm 4
Aug 15, 2024Hubert RachelControllerBuy7,500$0.45$3.4KForm 4
Aug 14, 2024MCMANUS MICHAEL A JRDirectorBuy135,000$0.38$51.3KForm 4
Jan 19, 2023Bardswich LloydDir, EVP & Chief Mining EngBuy10,000$0.44$4.4KForm 4
Jan 19, 2023EVANS GARY CChairman & CEOBuy21,068$0.45$9.5KForm 4
Jan 18, 2023EVANS GARY CChairman & CEOBuy300$0.45$135Form 4
Jan 13, 2023EVANS GARY CChairman & CEOBuy31,369$0.45$14.1KForm 4
Jan 12, 2023EVANS GARY CChairman & CEOBuy20,944$0.45$9.4KForm 4
Jan 11, 2023EVANS GARY CChairman & CEOBuy5,137$0.45$2.3KForm 4
Dec 16, 2022EVANS GARY CChairman & CEOBuy147,994$0.45$66.6KForm 4
Dec 15, 2022EVANS GARY CChairman & CEOBuy119,201$0.45$53.6KForm 4

All 36 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.11,345,023$82.4M0.0%+1,461,985
State Street Corp11,339,710$82.3M0.0%+3,292,633
Van Eck Associates Corp8,559,868$62.1M0.0%−1,809,827
Vanguard Capital Management LLC5,524,344$40.1M0.0%+323,858
Frontier Capital Management Co LLC4,297,224$31.2M0.3%New
Geode Capital Management, LLC3,275,674$23.8M0.0%+558,798
Davidson Kempner Capital Management LP2,529,250$18.4M0.5%New
Truist Financial Corp2,150,903$15.6M0.0%+422,085
Voya Investment Management LLC2,037,181$14.8M0.0%+783,653
Ameriprise Financial Inc1,845,563$13.4M0.0%−394,238
Driehaus Capital Management LLC1,607,017$11.7M0.1%−3,738,693
Citadel Advisors LLC1,597,364$11.6M0.0%+1,193,119
Vanguard Portfolio Management LLC1,558,005$11.3M0.0%+325,317
UBS Group AG1,508,467$11.0M0.0%−504,109
Goldman Sachs Group Inc1,341,292$9.7M0.0%+667,420
HITE Hedge Asset Management LLC1,206,849$8.8M0.5%+873,141
Marshall Wace, Llp1,205,386$8.8M0.0%+1,141,865
Northern Trust Corp1,132,675$8.2M0.0%+149,202
Vanguard Fiduciary Trust Co905,985$6.6M0.0%+74,821
Morgan Stanley839,204$6.1M0.0%−364,016
Nuveen, LLC813,910$5.9M0.0%+478,501
Jpmorgan Chase & Co754,827$5.3M0.0%+530,358
Susquehanna International Group, Llp660,226$4.8M0.0%−148,479
Bank Of America Corp /de/579,677$4.2M0.0%+385,138
McGowan Group Asset Management, Inc.444,849$3.2M0.4%+576

13F reports cover disclosed long positions in U.S. stocks only.

Sources

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