UNITED STATES ANTIMONY CORP (UAMY): Results of Operations and Financial Condition
UNITED STATES ANTIMONY CORP (UAMY) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 tm2622899d2_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Transcript of United States Antimony Corp. US Antimony Second Quarter 2026 Financial and Operational Results Webcast August 11, 2026 Participants Gary Evans - CEO & Chairman, United States Antimony Corporation Shawn Winkl
How this was made
The 30-second read
Why it matters
Traders can reassess near-term earnings power given the disclosed commodity-price-driven margin compression, while also factoring in improved cash position and inventory strategy.
Market read
Q2 results show a sharp profitability deterioration tied to antimony pricing, alongside stronger liquidity and continued zeolite growth.
What to watch
Zeolite segment growth (revenue up 110% YoY) and lower average cost per pound (down ~33%) may reduce the degree of downside if antimony prices stabilize.
Background
SEC 8-K Item 2.02 includes management’s webcast transcript for United States Antimony’s Q2 2026 financial and operating results.
Ticker impact
United States Antimony reported Q2 2026 revenue of about $7.9M, down 25% YoY due to lower realized antimony pricing.
Near-term trading bias likely negative on profitability and cost structure, but liquidity improvement may cushion downside.
The filing discloses a sharp YoY gross margin drop (27% to ~7%) and operating loss of about $7M, while also showing cash and treasuries rising to $62.2M and additional Larvotto appreciation since quarter end.
Market effects
Highlights sensitivity of antimony producers to realized commodity pricing and the role of non-core investment gains in reported earnings.
No clear regional spillover beyond US-listed small-cap commodity exposure.
Limited, as the disclosure is company-specific and does not indicate a broader global antimony supply shock.
Counterpoint
The operating loss is heavily influenced by non-cash items and antimony price timing, while liquidity and inventory build suggest positioning for expected demand and contract execution.
Key entities
- issuerUnited States Antimony Corporation
US Antimony reported Q2 2026 revenue, segment performance, operating loss, and liquidity changes in an SEC 8-K.
- investmentLarvotto Resources Limited
Strategic equity investment whose unrealized gains materially offset operating losses in the quarter.


