earnings
confidence high
sentiment negative
materiality 0.70
US Antimony reports 21% sales decline for 2023, Mexico shutdown, Zeolite downtime
UNITED STATES ANTIMONY CORP
2024-Q1 EPS reported
$107908306.00
revenue$2,831,390
- Sales decreased 21% in 2023 vs 2022; cash and equivalents fell $7.2M during the year.
- Mexico operations (Madero, Puerto Blanco) shut Mar 11, 2024; had drained over $50M cash since inception.
- Bear River Zeolite plant had 18 weeks downtime in 2023; revenue $2.462M vs $3.151M in 2022.
- New board and management installed; focus on positive cash flow, production increases, and M&A.
- No explicit EPS or net income disclosed; further detail expected in Q1 2024 report.