United States Antimony Corporation (UAMY) Earnings Call Transcripts

United States Antimony Corporation's Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, United States Antimony Corporation (UAMY) reported revenues of $6.8 million, slightly down from $7 million in the prior year, while net loss widened to $11.3 million primarily due to noncash stock compensation and unrealized investment losses. Management maintained their revenue guidance for the fiscal year at $125 million, signaling confidence in ramping production and government contracts, particularly in antimony ingots. The company is actively expanding its operations in critical minerals, including antimony, tungsten, and zeolite, with a notable government grant of $27 million to support these initiatives.

Reported metrics

Guidance from management

Management maintained their revenue guidance for 2026 at $125 million, with expectations of significant production ramp-up and government contracts driving this growth.

What management said

Alright, thanks. Shawn, we're happy to have you with us, and in the brief time since you arrived, you've already accomplished quite a bit. That's great. At this point we want to hand things over to Joe Bardswich. Joe, would you bring everybody up to date on everything happening across our critical mineral field activities?

Joe, one last thing before we wrap up. About that Fostung tungsten mine we have in Canada — I realize the market still hasn't caught on to just how valuable we think it is. Say we took the tungsten price as it stands right now and applied it to that third-party report, the resource report we received earlier this year and filed with the SEC, the one that lays out our potential reserves — what would that number come t...

What analysts pressed on

Analysts expressed concerns regarding the widening net loss and the impact of rising costs on profitability. There were also questions about the timeline for operational expansions and the ability to meet revenue guidance amidst production challenges.

Main topics on the call

• Revenue Performance — UAMY reported Q1 2026 revenue of $6.8 million, a slight decrease from $7 million in Q1 2025. Management noted, 'Sales for the first quarter of 2026 was $6.8 million, nearly comparable to last year's sales of $7 million.'
• Increased Net Loss — The company experienced a net loss of $11.3 million compared to the previous year, largely due to $4.8 million in stock compensation and a $4.1 million unrealized loss on investments. Management stated, 'The majority of ...
• Government Grant and Funding — UAMY secured a $27 million grant from the Department of Defense, with $12.8 million already received. This funding is crucial for expanding production capabilities, as highlighted by management: 'The U.S. government reco...
• Operational Expansion — The company is ramping up its antimony production infrastructure, with plans to mine in Montana and Alaska in 2026. Management emphasized, 'We expect to see the results of our initiatives in the back half of this year.'

Read the full United States Antimony Corporation transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 15 United States Antimony Corporation earnings call transcripts on record, spanning April 14, 2020 to November 12, 2026. Based on this history, United States Antimony Corporation reports semi-annually. The most recent call on file is dated November 12, 2026. The full list is below — each row opens the transcript.

Ticker

UAMY

Exchange

New York Stock Exchange

Country

US

Sector

Materials

Industry

Metals and Mining

Calls on record

15

First call

April 14, 2020

Most recent

November 12, 2026

Reporting cadence

semi-annually