USAC Q1 2024 net income $86k; revenue up 28% to $2.83M; Mexico ops ceased

UNITED STATES ANTIMONY CORP

2024-Q1 EPS reported $107908306.00 revenue$2,831,390

Revenue $2.83M (+28% YoY); gross profit up 108% (+$428k) on cost controls.
Net income of $86k for Q1 2024; all Mexico operations discontinued and held for sale.
Cash position $11.94M at March 31, 2024, essentially flat from year-end 2023.
Antimony metal price rose 34% to $7.14/lb from $5.31/lb as of Dec 31, 2023.
Bear River Zeolite had over 30 days of downtime in Q1; improvements underway.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

UNITED STATES ANTIMONY CORP reported first quarter of 2024 results: revenue $2.83 million, net income $86k.

Period: first quarter of 2024
Revenue: $2.83 million
Net income: $86k
Result: reported results

Exact text from the filing

Corporation”), (NYSE American: UAMY) reports today its first quarter 2024 financial and operational results. Revenues for the first quarter of 2024 increased 28%, or $621k, to $2.83 million, compared to the first quarter of 2023, while cost of sales only increased 11%, or $192k, during the same period. This in-turn allowed gross profit to increase 108%, or $428k,

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Source: SEC EDGAR

accession 0001654954-24-006270

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