earnings
confidence high
sentiment positive
materiality 0.85
US Antimony revenue up 163% to $39.3M; secures $354M in multi-year contracts; tungsten resource valued at $4.6B
UNITED STATES ANTIMONY CORP
- Revenue of $39.3M, up 163% YoY; gross profit of $6.4M, up 185%; gross margin expanded to 25%.
- Net loss of $4.3M included $6.7M non-cash stock compensation; cash & securities rose to $91.3M from $18.2M.
- Two 5-year supply contracts: $248M DLA antimony ingot contract (sole source) and $106.7M industrial antimony deal.
- Inferred resource of 14.77M metric tons at Fostung tungsten property valued at $4.6B; S-K 1300 report to be filed next week.
- Acquired Nolan Creek property in Alaska with historical reserve of 42,400 tons grading 28% Sb and 0.408 oz Au/ton (~$297M in situ value).