---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-006270"
form_type: "8-K"
ticker: "UAMY"
cik: "0000101538"
company_name: "UNITED STATES ANTIMONY CORP"
filed_at: "2024-05-15T23:59:59+00:00"
generated_at: "2026-06-01T22:28:34.993095+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001654954-24-006270
- form_type: 8-K
- ticker: UAMY
- cik: 0000101538
- company_name: UNITED STATES ANTIMONY CORP
- filed_at: 2024-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/101538/000165495424006270/0001654954-24-006270-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/101538/000165495424006270/uamy_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-006270
- JSON: https://secwatch.observer/filing/0001654954-24-006270.json
- Plain text: https://secwatch.observer/filing/0001654954-24-006270.txt

## Key facts
- Earnings Releases
  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
  source text: 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,
  evidence_url: https://www.sec.gov/Archives/edgar/data/101538/000165495424006270/0001654954-24-006270-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.