secwatch.observer — SEC 8-K summary
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Issuer:     UNITED STATES ANTIMONY CORP (UAMY)
CIK:        0000101538
Form:       8-K
Filed at:   2023-11-24T23:59:59+00:00
Accession:  0001654954-23-014720
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

US Antimony reports Q3 net loss; Zeolite downtime and antimony price decline weigh on results
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- Nine-month net loss of $2.8M; Q3 sales down 6% and YTD down 27% vs 2022.
- Zeolite segment: sales fell 15% in Q3 (22% YTD) from 5 weeks of equipment downtime; new cone crusher installed.
- Antimony segment: Q3 sales down 2%, YTD down 31%; price dropped from $6.55/lb (May 2022) to $4.52/lb currently.
- Mexico operations contributed to losses; management reducing costs and evaluating Los Juarez property for potential JV.
- Cash ~$13M at quarter-end; no need to raise capital unless for a material acquisition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/101538/000165495423014720/0001654954-23-014720-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/101538/000165495423014720/uamy_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-23-014720

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