Overview
- TickerUAMY on NYSE1
- IndustryPrimary Smelting & Refining of Nonferrous Metals1
- HeadquartersDallas, Texas1
- Incorporated inMT2
- Business address4438 W Lovers Lane, Unit 100, Dallas, Tx 752092
- Filer categoryNon-accelerated filer, Smaller reporting company2
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United States Antimony Corporation’s (“US Antimony,” “USAC,” the “Company,” “we,” “us,” and “our,”) principal business is in the mining, procuring, processing and sale of antimony and precious metals, primarily gold and silver, in Montana and Mexico, and the mining, processing, and sale of zeolite in Idaho. Beginning in late 2024 and continuing in 2025, the Company acquired mining claims in Alaska, Montana, and Canada prospective for antimony, tungsten, cobalt and other critical minerals. In addition, the Company entered into an agreement to acquire exploration rights for mining properties located in the southeastern United States. The Company also procured antimony ore from new international suppliers and is nearing construction completion of an expansion of its antimony processing facility located in Montana that is expected to more than triple its current capacity. This additional ant…4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Antimony brought in 90% of the revenue UNITED STATES ANTIMONY CORP broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2024 | 2025 |
|---|---|---|
| Antimony | $11.5M | $35.4M |
| Zeolite | $2.9M | $3.4M |
| Precious Metals | $525.1K | $519.9K |
Business segments
Antimony brought in 91% of the revenue UNITED STATES ANTIMONY CORP broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2024 | 2025 |
|---|---|---|
| Antimony | $12.0M | $35.9M |
| Zeolite | $2.9M | $3.4M |
Regions
United States brought in 97% of the revenue UNITED STATES ANTIMONY CORP broke down this way in fiscal 2025.
Regions by year
| Regions | 2024 | 2025 |
|---|---|---|
| United States | $12.6M | $38.1M |
| CA [member] | $2.0M | $1.1M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue75¢$29.4M
- Other costs25¢$9.9M
Out of $39.3M in revenue.5 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Revenues | $39.3M | $14.9M |
| Cost of revenues | $29.4M | $11.5M |
| Gross profit | $9.9M | $3.5M |
| General and administrative | $3.1M | $2.1M |
| Salaries and benefits | $11.6M | $2.4M |
| Professional fees | $2.4M | $968.8K |
| Loss on sale or disposal of property, plant and equipment, net | $51.4K | $11.1K |
| Gain on lease termination | -$469.8K | |
| Other operating expenses | $1.7M | $475.0K |
| Total operating expenses | $18.3M | $5.9M |
| Loss from operations | -$8.5M | -$2.4M |
| Interest and investment income | $810.5K | $668.5K |
| Unrealized gain on investment in equity securities | $3.3M | |
| Other miscellaneous income (expense), net | -$12.7K | -$8.1K |
| Total other income, net | $4.1M | $660.4K |
| Loss before income taxes | -$4.3M | -$1.7M |
| Income tax expense | $0 | $0 |
| Net loss | -$4.3M | -$1.7M |
| Preferred dividends | -$7.5K | -$7.5K |
| Net loss available to common shareholders | -$4.3M | -$1.7M |
| Basic (in dollars per share) | -$0.04 | -$0.02 |
| Diluted (in dollars per share) | -$0.04 | -$0.02 |
| Basic (in shares) | 123.6M shares | 108.6M shares |
| Diluted (in shares) | 123.6M shares | 108.6M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $30.5M | $18.2M | |
| Investment in debt securities held to maturity | $4.6M | ||
| Accounts receivable, net | $4.2M | $1.1M | |
| Inventories | $12.5M | $1.2M | |
| Prepaid expenses and other current assets | $434.8K | $161.0K | |
| Note receivable | $2.5M | ||
| Total current assets | $54.7M | $20.7M | |
| Property, plant and equipment, net | $42.4M | $12.9M | |
| Operating lease right-of-use assets | $48.1K | $565.3K | |
| Investment securities held to maturity - noncurrent | $15.8M | ||
| Investment in equity securities | $40.5M | ||
| Restricted cash for reclamation bonds | $162.8K | $98.8K | |
| IVA receivable and other assets, net | $330.2K | $408.5K | |
| Total assets | $153.9M | $34.6M | |
| Accounts payable | $6.9M | $1.5M | |
| Accrued liabilities | $2.9M | $1.6M | |
| Current portion of operating lease liabilities | $34.1K | $626.6K | |
| Current portion of long-term debt | $136.9K | $132.3K | |
| Total current liabilities | $10.2M | $4.0M | |
| Operating lease liabilities, net of current portion | $14.0K | $129.0K | |
| Long-term debt, net of current portion | $58.5K | $195.4K | |
| Asset retirement obligations | $2.7M | $1.7M | |
| Total liabilities | $13.0M | $6.0M | |
| Common stock, $0.01 par value, 250,000,000 shares authorized; 140,042,270 and 112,951,317 shares issued and outstanding, respectively | $1.4M | $1.1M | |
| Treasury stock (149,639 and no shares of common stock at cost, respectively) | -$574.2K | ||
| Additional paid-in capital | $185.6M | $68.6M | |
| Accumulated deficit | -$45.5M | -$41.1M | |
| Total stockholders' equity | $141.0M | $28.6M | $25.5M |
| Total liabilities and stockholders' equity | $153.9M | $34.6M | |
| Preferred stock, par value | $0.01 | $0.01 | |
| Preferred stock shares authorized | 50.0M shares | 50.0M shares | |
| Common stock par value | $0.01 | $0.01 | |
| Common stock shares authorized | 250.0M shares | 250.0M shares | |
| Common stock issued | 140.0M shares | 113.0M shares | |
| Common stock outstanding | 140.0M shares | 113.0M shares | |
| Treasury stock common shares | 149.6K shares | 0 shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $30.5M | $18.2M | |
| Investment in debt securities held to maturity | $4.6M | ||
| Accounts receivable, net | $4.2M | $1.1M | |
| Inventories | $12.5M | $1.2M | |
| Prepaid expenses and other current assets | $434.8K | $161.0K | |
| Note receivable | $2.5M | ||
| Total current assets | $54.7M | $20.7M | |
| Property, plant and equipment, net | $42.4M | $12.9M | |
| Operating lease right-of-use assets | $48.1K | $565.3K | |
| Investment securities held to maturity - noncurrent | $15.8M | ||
| Investment in equity securities | $40.5M | ||
| Restricted cash for reclamation bonds | $162.8K | $98.8K | |
| IVA receivable and other assets, net | $330.2K | $408.5K | |
| Total assets | $153.9M | $34.6M | |
| Accounts payable | $6.9M | $1.5M | |
| Accrued liabilities | $2.9M | $1.6M | |
| Current portion of operating lease liabilities | $34.1K | $626.6K | |
| Current portion of long-term debt | $136.9K | $132.3K | |
| Total current liabilities | $10.2M | $4.0M | |
| Operating lease liabilities, net of current portion | $14.0K | $129.0K | |
| Long-term debt, net of current portion | $58.5K | $195.4K | |
| Asset retirement obligations | $2.7M | $1.7M | |
| Total liabilities | $13.0M | $6.0M | |
| Common stock, $0.01 par value, 250,000,000 shares authorized; 140,042,270 and 112,951,317 shares issued and outstanding, respectively | $1.4M | $1.1M | |
| Treasury stock (149,639 and no shares of common stock at cost, respectively) | -$574.2K | ||
| Additional paid-in capital | $185.6M | $68.6M | |
| Accumulated deficit | -$45.5M | -$41.1M | |
| Total stockholders' equity | $141.0M | $28.6M | $25.5M |
| Total liabilities and stockholders' equity | $153.9M | $34.6M | |
| Preferred stock, par value | $0.01 | $0.01 | |
| Preferred stock shares authorized | 50.0M shares | 50.0M shares | |
| Common stock par value | $0.01 | $0.01 | |
| Common stock shares authorized | 250.0M shares | 250.0M shares | |
| Common stock issued | 140.0M shares | 113.0M shares | |
| Common stock outstanding | 140.0M shares | 113.0M shares | |
| Treasury stock common shares | 149.6K shares | 0 shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$4.3M | -$1.7M |
| Depreciation and amortization | $1.2M | $1.1M |
| Accretion of asset retirement obligation | $77.9K | $73.1K |
| Noncash operating lease expense | $289.5K | $190.3K |
| Share-based compensation | $7.1M | $568.6K |
| Accretion income from investment in debt securities held to maturity | -$416.0K | |
| Loss on sale or disposal of property, plant and equipment, net | $51.4K | $11.1K |
| Gain on lease termination | -$469.8K | |
| Write-down of inventory to net realizable value | $919.1K | $65.6K |
| Change in allowance for credit losses | -$9.3K | -$261.0K |
| Unrealized gain on investment in equity securities | -$3.3M | |
| Change in IVA receivable reserve | $1.3M | $140.1K |
| Other noncash items | -$16.1K | |
| Accounts receivable | -$3.1M | -$213.5K |
| Inventories | -$12.2M | $74.7K |
| Prepaid expenses and other current assets | -$283.9K | -$68.6K |
| IVA receivable and other assets, net | -$1.2M | -$39.3K |
| Accounts payable | $3.4M | $1.1M |
| Accrued liabilities | $1.4M | $1.3M |
| Accrued liabilities - directors | $2.6K | $16.5K |
| Stock payable to directors | -$38.5K | |
| Net cash (used in) provided by operating activities | -$9.7M | $2.2M |
| Proceeds from redemption of certificates of deposit | $72.9K | |
| Purchases of investment in debt securities held to maturity | -$19.9M | |
| Purchases of equity investment securities | -$37.2M | |
| Issuance of note receivable | -$2.5M | |
| Proceeds from sales or disposals of property, plant and equipment | $13.4K | $315.6K |
| Purchases of property, plant and equipment | -$27.8M | -$430.6K |
| Net cash used in investing activities | -$87.4M | -$42.1K |
| Principal payments on long-term debt | -$132.3K | -$103.5K |
| Proceeds from exercises of stock options | $117.7K | |
| Acquisition of treasury stock related to equity awards | -$449.5K | |
| Proceeds from issuance of common stock, net of issuance costs | $104.2M | $2.8M |
| Proceeds from exercise of warrants | $5.7M | $1.5M |
| Net cash provided by financing activities | $109.5M | $4.1M |
| NET INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH | $12.4M | $6.3M |
| Interest paid in cash | $16.7K | $8.9K |
| Recognition of operating lease liability and right-of-use asset | $86.2K | $787.5K |
| Equipment purchased with note payable | $402.7K | |
| Property and equipment included in accounts payable | $2.0M |
No quarter-by-quarter statement was filed.
Corporate structure
UNITED STATES ANTIMONY CORP sits at the top of its group. 14 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of UNITED STATES ANTIMONY CORP
- PRICE T ROWE ASSOCIATES INC /MD/ Filed SCHEDULE 13G on UNITED STATES ANTIMONY CORP, latest Aug 14, 2026
- VAN ECK ASSOCIATES CORP Filed SCHEDULE 13G/A on UNITED STATES ANTIMONY CORP, latest Aug 14, 2026 (2 filings since May 15, 2026)
- State Street Corporation Filed SCHEDULE 13G on UNITED STATES ANTIMONY CORP, latest Aug 7, 2026 (2 filings since Feb 9, 2026)
- BlackRock Filed SCHEDULE 13G/A on UNITED STATES ANTIMONY CORP, latest Apr 27, 2026 (2 filings since Jul 17, 2025)
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on UNITED STATES ANTIMONY CORP, latest Mar 27, 2026 (2 filings since Jan 30, 2026)
- Patrick W. Dugan Filed SCHEDULE 13D/A on UNITED STATES ANTIMONY CORP, latest Nov 10, 2025
- Kenneth M. Reed Filed SCHEDULE 13G/A on UNITED STATES ANTIMONY CORP, latest Jul 8, 2025
- UNITED STATES ANTIMONY CORP Dallas, Texas
- AGAU Mines, Inc. Subsidiary · Montana, United States
- Alaska Antimony LLC Subsidiary · Alaska, United States
- Antimonio de Mexico, S.A. de C.V. Subsidiary · Mexico
- Antimony Mining and Milling US LLC Subsidiary · Montana, United States
- Bear River Zeolite Company Subsidiary · Idaho, United States
- Denali Minerals, LLC Subsidiary · Delaware, United States
- Great Land Minerals, LLC Subsidiary · Delaware, United States
- Lanxess Laurel de Mexico, S.A. de C.V. Subsidiary · Mexico
- Stibnite Holding Company US Inc. Subsidiary · Montana, United States
- TFPROP LLC Subsidiary · Montana, United States
- TFRE Holdings LLC Subsidiary · Montana, United States
- UAMY Cobalt Corporation Subsidiary · Ontario, Canada
- US Antimony de Mexico, S.A. de C.V. Subsidiary · Mexico
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What UNITED STATES ANTIMONY CORP reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Land | $3.0M10 Dec 31, 2024 | $3.0M10 Dec 31, 2023 | 0% |
| Buildings and improvements | $2.8M10 Dec 31, 2024 | $3.1M10 Dec 31, 2023 | −10.2% |
| Machinery and equipment | $20.5M10 Dec 31, 2024 | $19.9M10 Dec 31, 2023 | +3.3% |
| Construction in progress | $101.9K10 Dec 31, 2024 | $9.0K10 Dec 31, 2023 | +1038.8% |
| Property and equipment, before depreciation | $57.1M5 Dec 31, 2025 | $26.6M5 Dec 31, 2024 | +114.7% |
| Accumulated depreciation | $14.7M5 Dec 31, 2025 | $13.7M5 Dec 31, 2024 | +7.5% |
| Property and equipment, net | $42.4M5 Dec 31, 2025 | $12.9M5 Dec 31, 2024 | +228.7% |
| Operating-lease assets (leased space) | $48.1K5 Dec 31, 2025 | $565.3K5 Dec 31, 2024 | −91.5% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $30.5M5 Dec 31, 2025 | $18.2M5 Dec 31, 2024 | +67.8% |
Inventory
Properties, in its own words
The Company owns, leases, and operates a portfolio of domestic and international properties supporting its antimony, precious metals, and zeolite businesses, and has invested in other properties prospective for tungsten, cobalt, and other critical minerals. These properties include processing and smelting facilities, a production-stage zeolite mine, exploration-stage mineral properties, and supporting infrastructure. The Company’s property portfolio is organized across its antimony and zeolite segments and is intended to support an integrated supply chain encompassing mineral extraction, concentration, and processing.
The Company’s principal operating assets include its antimony smelting and precious metals processing facility in Sanders County, Montana; two antimony and precious metals processing facilities in Mexico; and the Bear River Zeolite (“BRZ”) surface mine and processing facility in Preston, Idaho, which represents the Company’s sole production-stage mine. In addition, the Company holds exploration-stage mineral properties in Mexico, Montana, Alaska, the southeastern United States, and Ontario, Canada, which are prospective for antimony, tungsten, cobalt, and other critical and base metals. All properties described below have not yet established mineral resources or mineral reserves other than the BRZ surface mine, and mining or commercial production activities at those sites are subject to further technical evaluation, permitting, and market conditions. The sections below that follow the table describe the Company’s properties by location and operating status.
The rest of Item 2
The following table provides a summary of the properties we were affiliated with at December 31, 2025:
Segment · Location · Owned orLeased 1 · Mine, ProcessingFacility, orWarehouse · Status · OwnMiningClaims · Acreage
Antimony · Sanders County, Montana · Owned · Processing Facility · Active · n/a · 14
Antimony · Madero in Coahuila, Mexico · Owned · Processing Facility · Active · n/a · 16
Antimony · Puerto Blanco in Guanajuato, Mexico · Owned · Processing Facility · Active · n/a · 100
All Other · Los Juarez in Queretaro, Mexico · Leased / Owned · Mine · Exploration · No / Yes · 529 / 100
Zeolite · Preston, Idaho · Leased / Owned · Mine / Processing · Production · No / Yes · 320 / 994
All Other · Sanders County, Montana · n/a / Owned · Mine · Exploration · Yes · 2,400 / 30
All Other · Alaska · n/a · Mine · Exploration · Yes · 22,800
All Other · Ontario, Canada · n/a / Owned · Mine · Exploration · Yes · 38,100 / 2,900
Zeolite · Lethbridge, Canada · Leased · Warehouse · Active · n/a · n/a
1 - see additional property description information below.
The following is a map of the Company’s properties:
DESCRIPTION OF PROPERTIES
Antimony and Precious Metals Facility in Sanders County, Montana
We own 14 acres of land in the Burns Mining District in Sanders County, Montana, where we operate a facility that includes our antimony smelter and precious metals equipment. This facility was built in 1971, started operating in 1972, and is included in our antimony segment. We built the road system, but it was purchased and is currently operated and maintained by the USFS. The antimony smelter includes furnaces of a proprietary design to produce antimony metal ingots, antimony oxide, antimony trisulfide, and various other antimony products. We have 8 operational Small Rotary Furnaces (SRF’s) and a permit for up to 15 SRF’s. Also, we are using 2 of our 4 operational electric furnaces. The SRF’s are used to roast various antimony ore inputs and can produce either finished antimony trioxide or finished antimony metal in the form of ingots. The electrical furnaces are used to produce antimony trisulfide. The furnaces are maintained to modern standards. Annual antimony production was approximately 1,409,000 pounds in 2025 and approximately 1,460,000 pounds in 2024. This plant is also equipped for the treatment and production of precious metals. Annual gold production was approximately 13 ounces in 2025 and approximately 35 ounces in 2024. Annual silver production was approximately 8,755 ounces in 2025 and approximately 14,600 ounces in 2024. We do not mine at this facility but rather process ore into finished products.
In April 2025, the Company entered into definitive engineering and construction service agreements with a third-party contractor to support an expansion of its smelting operations at this location that will more than triple its capacity. The project has been designed to maintain existing smelting operations without material interruption. Construction activities commenced in 2025, and the expansion is expected to be completed in April 2026. Management believes the expansion project is strategically important to supporting domestic antimony supply.
This facility is approximately 16 miles west of Thompson Falls on Montana Secondary Highway 471 with GPS coordinates latitude 47.548077 north and longitude 115.591828 west. Our property is approximately 850 feet north-northeast of Prospect Creek in Cox Gulch, which resides in the northern Bitterroot Mountain range. This Highway 471 is asphalt, and the property is accessible by car and/or truck. There is a smaller airport, Sanders Airport, that is about 2 hours from our property and a major airport in Spokane, WA, that is about two and one-half hours from our property. Our facility is serviced with electricity from Northwestern Energy, and water is pumped from a well located on our property. Personnel are sourced from nearby cities like Belknap, Plains, and Missoula. Our facility is considered a large quantity generator (“LQG”) of hazardous waste and must comply with the Montana Hazardous Waste Act, which is regulated by the Montana Department of Environmental Quality (“DEQ”).
Following are location maps related to this property:
Properties in Mexico
Item 2 of the 10-K filed Mar 19, 2026.4
Leadership
Who has led UNITED STATES ANTIMONY CORP, and when. Pick a name to see everywhere that person has worked.
President
Chief financial officer
Chief operating officer
- Chief executive officerGary C. Evans May 22, 2024 to now13
- Chief executive officerLloyd Bardswich May 22, 2024 to May 22, 202414
- Chief executive officerJohn C. Gustavsen Apr 30, 2021 to Apr 30, 202115
- ChairGary C. Evans May 22, 2024 to now13
- PresidentMelissa Pagen Feb 2, 2026 to now16
- PresidentJohn C. Gustavsen May 22, 2024 to Feb 2, 202617
- PresidentRuss C. Lawrence Nov 30, 2022 to Nov 30, 202218
- PresidentJohn C. Lawrence Aug 8, 2011 to Aug 18, 202019
- Chief financial officerShawn P. Winkler May 15, 2026 to now20
- Chief financial officerRichard R. Isaak Feb 15, 2024 to May 15, 202621
- Chief operating officerMelissa Pagen Feb 2, 2026 to now16
Board members and other officers (19)
- Dir, EVP & Chief Mining EngLloyd Bardswich Sep 18, 2025 to now22
- SVP Corp Dev & Gov't RelationsMelissa Pagen May 31, 2024 to now23
- ControllerRachel Hubert Jun 10, 2024 to Aug 19, 202424
- Board memberJon R. Marinelli Jan 5, 2026 to now25
- Board memberJohn M. Keane Oct 7, 2025 to now26
- Board memberMichael A. McManus Jr. May 16, 2024 to now27
- Board memberBlaise A. Aguirre Aug 1, 2024 to now28
- Board memberJoseph A. Carrabba Aug 1, 2024 to now29
- Board memberLloyd Bardswich Apr 12, 2022 to now30
- Board memberTimothy Hasara Aug 12, 2022 to Sep 27, 202231
- Board memberGary C. Evans Dec 9, 2022 to Jan 20, 202332
- Board memberWhitney H. Ferer Nov 15, 2017 to May 17, 201933
- Board memberJeffrey D. Wright Mar 25, 2016 to Aug 18, 202034
- Board memberBernard John Guarnera Oct 11, 2013 to Oct 11, 201335
- Board memberSusan K. Reed Feb 11, 2011 to Feb 11, 201136
- Board memberGary D. Babbitt Jul 21, 2011 to May 21, 201837
- Board memberJohn C. Lawrence Aug 8, 2011 to Aug 18, 202019
- Board memberRuss C. Lawrence Aug 9, 2011 to Nov 30, 202238
- Board memberPatrick W. Dugan Aug 22, 2011 to Aug 22, 201139
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- AGAU Mines, Inc. Montana3
- Alaska Antimony LLC Alaska3
- Antimonio de Mexico, S.A. de C.V. Mexico3
- Antimony Mining and Milling US LLC Montana3
- Bear River Zeolite Company Idaho3
- Denali Minerals, LLC Delaware3
- Great Land Minerals, LLC Delaware3
- Lanxess Laurel de Mexico, S.A. de C.V. Mexico3
- Stibnite Holding Company US Inc. Montana3
- TFPROP LLC Montana3
- TFRE Holdings LLC Montana3
- UAMY Cobalt Corporation Ontario, Canada3
- US Antimony de Mexico, S.A. de C.V. Mexico3
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Timeline
- Oct 2, 20268-K Executive or director change40
- Oct 2, 20268-K Executive or director change41
- Aug 25, 20268-K Regulation FD disclosure42
- Aug 19, 20268-K Regulation FD disclosure; Other events43
- Aug 17, 20268-K Results of operations44
- Aug 11, 20268-K Results of operations45
- Aug 6, 20268-K Other events46
- Jun 16, 20268-K Shareholder vote47
- Jun 8, 20268-K Change of auditor48
- May 15, 20268-K Results of operations49
- May 14, 20268-K Results of operations50
- May 6, 20268-K Other events51
- May 22, 2024New chief executive Lloyd Bardswich becomes CEO14
- May 22, 2024New chief executive Gary C. Evans becomes CEO13
- Apr 30, 2021New chief executive John C. Gustavsen becomes CEO15
Calendar
Coming up
- Nov 11, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported ($0.04) a share, on Nov 12, 2025.52
When it reported results
- Aug 17, 2026Reported quarterly or annual results44
- Aug 11, 2026Reported quarterly or annual results45
- May 15, 2026Reported quarterly or annual results49
- May 14, 2026Reported quarterly or annual results50
- Mar 23, 2026Reported quarterly or annual results53
- Mar 19, 2026Reported quarterly or annual results54
- Nov 14, 2025Reported quarterly or annual results55
- Nov 12, 2025Reported quarterly or annual results56
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
291 filings to the SEC since October 2021: 7 annual reports, 16 quarterly reports, 112 major events, 82 insider forms, 11 large holders, 63 other. The latest 20:
- Oct 2, 20268-K EDGAR
- Oct 2, 20268-K EDGAR
- Sep 2, 20264 OWNERSHIP DOCUMENT EDGAR
- Sep 1, 20264 OWNERSHIP DOCUMENT EDGAR
- Aug 31, 20264 OWNERSHIP DOCUMENT EDGAR
- Aug 28, 20264 OWNERSHIP DOCUMENT EDGAR
- Aug 25, 20268-K EDGAR
- Aug 19, 20268-K EDGAR
- Aug 17, 20268-K EDGAR
- Aug 14, 2026SCHEDULE 13G/A EDGAR
- Aug 14, 2026SCHEDULE 13G EDGAR
- Aug 11, 20268-K EDGAR
- Aug 11, 202610-Q EDGAR
- Aug 7, 2026SCHEDULE 13G EDGAR
- Aug 6, 20268-K EDGAR
- Jun 17, 20264 OWNERSHIP DOCUMENT EDGAR
- Jun 16, 20268-K EDGAR
- Jun 8, 2026DEFA14A EDGAR
- Jun 8, 20268-K EDGAR
- Jun 3, 20264 OWNERSHIP DOCUMENT EDGAR
The 291 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
36 open-market trades by officers, directors and large owners since October 2021: 36 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 1, 2026 | Bardswich LloydDir, EVP & Chief Mining Eng | Buy | 20,000 | $4.64 | $92.8K | Form 4 |
| Sep 1, 2026 | Carrabba Joseph ADirector | Buy | 21,300 | $4.72 | $100.5K | Form 4 |
| Aug 31, 2026 | Aguirre Blaise A.Director | Buy | 1,400 | $5.04 | $7.1K | Form 4 |
| Aug 28, 2026 | EVANS GARY CChairman & CEO | Buy | 20,000 | $4.92 | $98.4K | Form 4 |
| Jun 15, 2026 | Marinelli Jon RDirector | Buy | 12,500 | $7.45 | $93.1K | Form 4 |
| Sep 26, 2025 | EVANS GARY CChairman & CEO | Buy | 100,000 | $6.13 | $613.0K | Form 4 |
| Dec 10, 2024 | EVANS GARY CChairman & CEO | Buy | 200,000 | $1.45 | $290.0K | Form 4 |
| Dec 10, 2024 | MCMANUS MICHAEL A JRDirector | Buy | 70,000 | $1.46 | $102.2K | Form 4 |
| Nov 18, 2024 | MCMANUS MICHAEL A JRDirector | Buy | 50,000 | $0.57 | $28.5K | Form 4 |
| Sep 9, 2024 | ISAAK RICHARD RSVP, Chief Financial Officer | Buy | 5,000 | $0.69 | $3.5K | Form 4 |
| Aug 15, 2024 | Hubert RachelController | Buy | 7,500 | $0.45 | $3.4K | Form 4 |
| Aug 14, 2024 | MCMANUS MICHAEL A JRDirector | Buy | 135,000 | $0.38 | $51.3K | Form 4 |
| Jan 19, 2023 | Bardswich LloydDir, EVP & Chief Mining Eng | Buy | 10,000 | $0.44 | $4.4K | Form 4 |
| Jan 19, 2023 | EVANS GARY CChairman & CEO | Buy | 21,068 | $0.45 | $9.5K | Form 4 |
| Jan 18, 2023 | EVANS GARY CChairman & CEO | Buy | 300 | $0.45 | $135 | Form 4 |
| Jan 13, 2023 | EVANS GARY CChairman & CEO | Buy | 31,369 | $0.45 | $14.1K | Form 4 |
| Jan 12, 2023 | EVANS GARY CChairman & CEO | Buy | 20,944 | $0.45 | $9.4K | Form 4 |
| Jan 11, 2023 | EVANS GARY CChairman & CEO | Buy | 5,137 | $0.45 | $2.3K | Form 4 |
| Dec 16, 2022 | EVANS GARY CChairman & CEO | Buy | 147,994 | $0.45 | $66.6K | Form 4 |
| Dec 15, 2022 | EVANS GARY CChairman & CEO | Buy | 119,201 | $0.45 | $53.6K | Form 4 |
All 36 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- PRICE T ROWE ASSOCIATES INC /MD/SCHEDULE 13G, 1 filing Aug 14, 202657
- VAN ECK ASSOCIATES CORPSCHEDULE 13G/A, 2 filings May 15, 2026 to Aug 14, 202658
- State Street CorporationSCHEDULE 13G, 2 filings Feb 9, 2026 to Aug 7, 202659
- BlackRockSCHEDULE 13G/A, 2 filings Jul 17, 2025 to Apr 27, 202660
- VANGUARD GROUP INCSCHEDULE 13G/A, 2 filings Jan 30, 2026 to Mar 27, 202661
- Patrick W. DuganSCHEDULE 13D/A, 1 filing Nov 10, 202562
- Kenneth M. ReedSCHEDULE 13G/A, 1 filing Jul 8, 202563
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Gary C. EvansChairman and CEO | 68 | $314.8K | $5.0M64 |
| 2025 | Lloyd Joseph BardswichEVP, Chief Mining Engineer & Director | 81 | $150.0K | $1.5M64 |
| 2025 | Richard R. IsaakSVP, Chief Financial Officer | 57 | $192.5K | $1.5M64 |
| 2024 | Gary C. EvansChairman and CEO | 68 | $0 | $652.1K64 |
| 2024 | Richard R. IsaakSVP, Chief Financial Officer | 57 | $174.6K | $432.6K64 |
| 2024 | Lloyd Joseph BardswichEVP, Chief Mining Engineer & Director | 81 | $12.7K | $391.9K64 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 11,345,023 | $82.4M | 0.0% | +1,461,985 |
| State Street Corp | 11,339,710 | $82.3M | 0.0% | +3,292,633 |
| Van Eck Associates Corp | 8,559,868 | $62.1M | 0.0% | −1,809,827 |
| Vanguard Capital Management LLC | 5,524,344 | $40.1M | 0.0% | +323,858 |
| Frontier Capital Management Co LLC | 4,297,224 | $31.2M | 0.3% | New |
| Geode Capital Management, LLC | 3,275,674 | $23.8M | 0.0% | +558,798 |
| Davidson Kempner Capital Management LP | 2,529,250 | $18.4M | 0.5% | New |
| Truist Financial Corp | 2,150,903 | $15.6M | 0.0% | +422,085 |
| Voya Investment Management LLC | 2,037,181 | $14.8M | 0.0% | +783,653 |
| Ameriprise Financial Inc | 1,845,563 | $13.4M | 0.0% | −394,238 |
| Driehaus Capital Management LLC | 1,607,017 | $11.7M | 0.1% | −3,738,693 |
| Citadel Advisors LLC | 1,597,364 | $11.6M | 0.0% | +1,193,119 |
| Vanguard Portfolio Management LLC | 1,558,005 | $11.3M | 0.0% | +325,317 |
| UBS Group AG | 1,508,467 | $11.0M | 0.0% | −504,109 |
| Goldman Sachs Group Inc | 1,341,292 | $9.7M | 0.0% | +667,420 |
| HITE Hedge Asset Management LLC | 1,206,849 | $8.8M | 0.5% | +873,141 |
| Marshall Wace, Llp | 1,205,386 | $8.8M | 0.0% | +1,141,865 |
| Northern Trust Corp | 1,132,675 | $8.2M | 0.0% | +149,202 |
| Vanguard Fiduciary Trust Co | 905,985 | $6.6M | 0.0% | +74,821 |
| Morgan Stanley | 839,204 | $6.1M | 0.0% | −364,016 |
| Nuveen, LLC | 813,910 | $5.9M | 0.0% | +478,501 |
| Jpmorgan Chase & Co | 754,827 | $5.3M | 0.0% | +530,358 |
| Susquehanna International Group, Llp | 660,226 | $4.8M | 0.0% | −148,479 |
| Bank Of America Corp /de/ | 579,677 | $4.2M | 0.0% | +385,138 |
| McGowan Group Asset Management, Inc. | 444,849 | $3.2M | 0.4% | +576 |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How UNITED STATES ANTIMONY CORP is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARUNITED STATES ANTIMONY CORP1
- CIK0000101538
- Employer ID (EIN)81-03058224
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company4
- Incorporated inTexas4
- Fiscal year endsDecember 311
- Industry code (SIC)3330 Primary Smelting & Refining of Nonferrous Metals1
- SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
- Business address4438 W Lovers Lane, Unit 100, Dallas, TX 752091
- Phone40682735231
- Shares outstanding149,669,384 as of Aug 7, 202612
- Public float$250.3M as of Jun 30, 20254
- AuditorAssure CPA, LLC, Spokane, Washington PCAOB ID 444; no auditor attestation of internal control over financial reporting4
- On EDGAR sinceJan 10, 19971
- Filings687 in all: 8-K (174), 4 (127), 10-Q (56), 10QSB (36), UPLOAD (22), 3 (21), CORRESP (21), DEF 14A (21)1
All 49 form types
10-K (18), 144 (14), NT 10-K (14), NT 10-Q (13), 10KSB (12), 424B5 (12), 10-Q/A (11), SB-2/A (8), 10-K/A (7), 5 (7), PRE 14A (7), 8-K/A (6), EFFECT (6), S-3 (6), SCHEDULE 13G (6), DEFA14A (5), S-3/A (5), SC 13G (5), 10KSB/A (4), D (4), S-8 (4), SC 13G/A (4), SCHEDULE 13G/A (4), 4/A (3), 8-A12B (3), SC 13D/A (3), CERT (2), DEFR14A (2), SC 13D (2), 10QSB/A (1), 25 (1), 424B3 (1), CERTNYS (1), NT 10-Q/A (1), POS AM (1), PRER14A (1), S-3ASR (1), S-3MEF (1), SB-2 (1), SC 13E4 (1), SCHEDULE 13D/A (1)
- Latest filingsAnnual report (10-K) Mar 19, 2026
Quarterly report (10-Q) Aug 11, 2026
Proxy statement (DEF 14A) Apr 20, 2026
Latest 8-K (8-K) Oct 2, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common stock, $0.01 par value | UAMY | NYSE |
From the cover page of the 10-K filed Mar 19, 2026 (Section 12(b) of the Exchange Act).4
Risk factors and legal proceedings
The risks UNITED STATES ANTIMONY CORP names in Item 1A of its 10-K filed Mar 19, 2026: 56 risks under these headings, as written.4
- Financial Risks
- We have experienced losses in recent years and may continue to incur losses.
- Macroeconomic factors, including inflation, high interest rates, recession risks, unemployment rates, rising labor and utility costs, fiscal policy, tariffs, geopolitical events and risks, climate-related and other environmental, social, and governance related risks, and the effects of the health pandemics, have caused downturns in key markets and created other commercial disruptions, which have and could further adversely impact our businesses.
- Changes in United States trade policies, including the imposition of tariffs and retaliatory tariffs, may adversely impact our business, financial condition, and results of operations.
- We may seek or require additional financing, which may not be available on acceptable terms, if at all.
- We have broad discretion in the use of our cash and cash equivalents, including the net proceeds we receive from stock offerings, and may not use them effectively.
- Metal market prices are volatile, including the antimony metal ingot market price. A substantial and/or extended decline in metals prices, and specifically the antimony market price, would have a material adverse effect on us, especially during the time period that the antimony market price was declining.
- An extended decline in metals prices, an increase in operating or capital costs, mine accidents or closures, increasing regulatory obligations, or our inability to convert resources or exploration targets to reserves may cause us to record write-downs, which could negatively impact our results of operations.
- Our profitability could be affected by the prices of other commodities.
- We are subject to the risk of fluctuations in the relative values of the U.S., ,Canadian Dollar, Mexican Peso, and Australian Dollar.
- Volatility in market prices related to the Company’s investment in equity securities could negatively impact our financial condition and results of operations.
- Our liabilities for environmental reclamation and retirement and safety may exceed the amounts accrued on our financial statements.
The other 45 risks
- Our accounting and other estimates may be imprecise.
- Operational and Mining Industry Risks
- Mining exploration, development, and production may not be economically viable.
- We are substantially dependent on one supplier in Canada that currently supplies the majority of the ore we process and sell to our antimony customers. A decrease in the supply or an increase in the cost of this supplier’s ore could have a material adverse effect on our business, results of operations, and financial condition.
- We are substantially dependent on a lease agreement related to the property that we mine, process, and sell zeolite. Changes to this lease agreement could have a material adverse effect on our business, results of operations, and financial condition.
- We are substantially dependent on a few significant customers, and we face significant risks associated with changes in our relationship with these significant customers.
- The Company’s sales contracts, including its sole-source contract with the DLA for antimony metal ingots, expose it to a variety of risks that could adversely impact performance and financial results.
- Processing and selling ore from new suppliers and internal sources may not be economically viable.
- Additional risk associated with non-domestic supply of antimony ore.
- The $2.5 million loan made to an international supplier exposes us to credit and liquidity risks, and any default could disrupt our ore supply chain.
- The Company is subject to significant operational and performance risks as the managing member of a joint venture entered into in February 2026.
- Our minority ownership position and capital funding obligations in the JV expose us to dilution, financing, and governance risks.
- Natural disasters, public health crises, political crises, and other catastrophic events or other events outside of our control may materially and adversely affect our business or financial results.
- Increases in energy costs may adversely affect our business, financial position, results of operations and liquidity.
- Mining accidents or other adverse events at an operation could decrease our anticipated production or otherwise adversely affect our operations.
- We may not be able to maintain the infrastructure necessary to conduct mining activities.
- Our mining activities may be adversely affected by the local climate, especially in Alaska and Montana due to harsh winters.
- Certain operations are in Mexico and may be subject to geo-political risk.
- Our operations are subject to hazards and risks normally associated with the exploration and development of mineral properties.
- Our non-extractive properties may not be brought into the state of commercial production.
- Actual capital costs, operating costs, production and economic returns may differ significantly from those we have anticipated and there are no assurances that any future development activities will result in profitable mining operations.
- We may face equipment shortages, access restrictions and lack of infrastructure.
- Insurance may not be available to us.
- Our business depends on the availability of skilled personnel and good relations with employees.
- A significant disruption to our information technology could adversely affect our business, operating result and financial position.
- Competition from other mining companies may harm our business.
- Organizational and Common Stock Risks
- Our Articles of Incorporation allow for our board to create new series of preferred stock without further approval by our stockholders, which could adversely affect the rights of the holders of our common stock.
- If we lose any of our key personnel, we may encounter difficulty replacing their expertise, which could impair our ability to implement our business plan successfully.
- The price of our common stock has a history of volatility and could decline in the future.
- If we were liquidated, our common stockholders could lose part, or all, of their investment.
- Our Series B preferred stock has a liquidation preference of $1.00 per share or $750,000 plus accumulated dividends.
- Our Series C preferred stock has a liquidation preference of $0.55 per share or $97,847.
- The issuance of additional equity securities in the future could adversely affect holders of our common stock.
- The provisions in our certificate of incorporation, our by-laws and Texas law could delay or deter tender offers or takeover attempts.
- Legal, Regulatory, and Compliance Risks
- As a public company, we are obligated to develop and maintain proper and effective internal control over financial reporting. If we fail to develop and maintain an effective system of internal control over financial reporting, our ability to produce timely and accurate financial statements and other required disclosures and to comply with applicable laws and regulations could be impaired. Also, if deficiencies in our internal control over financial reporting are not properly remediated, it could adversely affect our business and results of operations.
- We may be unable to comply with NYSE continued listing standards and our common stock may be delisted from the NYSE, which would likely cause the liquidity and market price of the common stock to decline.
- We face substantial governmental regulations, including the Mine Safety and Health Act, various environmental laws and regulations and the 1872 Mining Law.
- Our operations are subject to complex, evolving and increasingly stringent environmental laws and regulations. Compliance with environmental regulations, and litigation based on such regulations, involves significant costs and can threaten existing operations or constrain expansion opportunities.
- We are required to obtain governmental permits and other approvals in order to conduct mining operations.
- New federal and state laws, regulations and initiatives could impact our operations.
- We cannot guarantee title to all of our properties.
- Mining Claims may not be feasible or economical.
- Artificial intelligence may have a material adverse effect on our business, results of operations, and financial condition.
- There is uncertainty as to the termination and renewal of our mining concessions.
- Mexican economic and political conditions, as well as drug-related violence, may have an adverse impact on our business.
- Mexican inflation, restrictive exchange control policies and fluctuations in the peso exchange rate may adversely affect our financial condition and results of operations.
Legal proceedings
United States Antimony Corporation is not a party to any material legal proceedings. No director, officer or affiliate of United States Antimony Corporation and no owner of record or beneficial owner of more than 5% of the Company’s securities or any associate of any such director, officer or security holder is a party adverse to United States Antimony Corporation or has a material interest adverse to United States Antimony Corporation in reference to pending litigation.
The opening of Item 3, Legal Proceedings.4
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 16SEC EDGARMelissa Pagen, President
- 17SEC EDGARJohn C. Gustavsen, President
- 18SEC EDGARRuss C. Lawrence, President
- 19SEC EDGARJohn C. Lawrence, President
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- 24SEC EDGARRachel Hubert, Controller
- 25SEC EDGARJon R. Marinelli, Board member
- 26SEC EDGARJohn M. Keane, Board member
- 27SEC EDGARMichael A. McManus Jr., Board member
- 28SEC EDGARBlaise A. Aguirre, Board member
- 29SEC EDGARJoseph A. Carrabba, Board member
- 30SEC EDGARLloyd Bardswich, Board member
- 31SEC EDGARTimothy Hasara, Board member
- 32SEC EDGARGary C. Evans, Board member
- 33SEC EDGARWhitney H. Ferer, Board member
- 34SEC EDGARJeffrey D. Wright, Board member
- 35SEC EDGARBernard John Guarnera, Board member
- 36SEC EDGARSusan K. Reed, Board member
- 37SEC EDGARGary D. Babbitt, Board member
- 38SEC EDGARRuss C. Lawrence, Board member
- 39SEC EDGARPatrick W. Dugan, Board member
- 40SEC EDGARExecutive or director change
- 41SEC EDGARExecutive or director change
- 42SEC EDGARRegulation FD disclosure
- 43
- 44SEC EDGARResults of operations
- 45SEC EDGARResults of operations
- 46SEC EDGAROther events
- 47SEC EDGARShareholder vote
- 48SEC EDGARChange of auditor
- 49SEC EDGARResults of operations
- 50SEC EDGARResults of operations
- 51SEC EDGAROther events
- 52NasdaqNasdaq calendar
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