UAMY Stock Forecast & Price Target

United States Antimony Corp has experienced substantial revenue growth driven by a significant year-over-year increase in antimony pricing, escalating from $5.96 per pound to $28.72 per pound in the third quarter of 2024, alongside a 12% increase in sales volume. The company has solidified its position as a key domestic supplier of antimony, with ongoing advancements in its operations and a recent contract that promises to enhance revenue further, thereby de-risking its asset base. Additionally, the strategic portfolio of critical minerals, including cobalt and tungsten, positions UAMY for long-term growth and diversification, underscoring the potential for sustained financial performance.

United States Antimony Corp reported a net loss of $3.9 million, significantly influenced by expenditures relating to share-based compensation, which raises concerns about operational efficiency and cost management. The company's reliance on a limited geographic base for revenue, predominantly from the United States, poses potential risks associated with market fluctuations and regulatory changes in that region. Additionally, the integration of multiple operations, including mining and smelting, may not be generating sufficient profitability to offset the financial burdens indicated by the net loss.