Bedrijfsoverzicht
United States Antimony Corporation is a specialized producer and seller of antimony, zeolite, and precious metals with operations spanning the United States and Canada. The company functions within the Basic Materials sector, specifically focusing on the industry of Other Industrial Metals & Mining, which implies a direct exposure to the supply and demand dynamics of critical raw materials used in manufacturing and industrial applications. On a consolidated basis, the firm employs 100 individuals and maintains a total market capitalization of $1.20B alongside annual revenue reported at $39.26M. These valuation and revenue figures indicate that the company operates as a mid-cap entity within its niche, suggesting a market position that balances established operational capabilities with significant potential for expansion driven by the strategic importance of antimony in flame retardant technologies and other industrial sectors.
Financiële gezondheid
The company reported revenue of $39.26M for the trailing twelve months, yet generated a net income loss of $-4,347,026 and an EBITDA of $-7,632,826 during the same period. The substantial gap between the positive revenue figure and the negative net income reveals a cost structure where operating expenses, including depreciation and amortization, significantly erode profitability, resulting in a negative bottom line despite sales activity. Free cash flow stands at $-35,435,596, which indicates that the company is currently burning cash rather than generating liquidity, thereby limiting its immediate financial flexibility to fund operations without external financing. When analyzing the three primary margin metrics, the gross margin sits at 25.2%, while the operating margin is negative at -29.6% and the profit margin is -11.1%, collectively showing that while production costs are relatively contained compared to sales, overhead and administrative expenses are disproportionately high. The balance sheet shows a cash position of $35.07M against total debt of $243,531, supported by a debt-to-equity ratio of 0.17, which suggests a conservative leverage profile despite the current lack of earnings. Furthermore, the current ratio of 5.38 indicates a very strong short-term liquidity position, meaning the company holds ample liquid assets to cover its current liabilities comfortably. Return on Equity is -5.1% and Return on Assets is -5.9%, metrics that reveal that management is currently unable to generate positive returns on the capital invested or the assets utilized, reflecting the challenges associated with scaling capital-intensive mining operations in a loss-making environment.
Waarderingsbeoordeling
The trailing twelve-month P/E ratio is listed as N/A due to the lack of earnings, while the forward P/E is calculated at 64.31, implying that the market is pricing in significant future earnings growth that is not yet reflected in current financial results. The price-to-book ratio stands at 8.29, indicating that the stock is trading at a substantial premium relative to its book value, which often occurs in resource-based sectors where asset values may be understated on the balance sheet or where future resource potential exceeds current accounting valuations. Alternative valuation metrics such as the price-to-sales ratio of 30.53 and the EV/EBITDA of -152.31 suggest that the market is valuing the company primarily on its revenue generation and future potential rather than current profitability, given the negative EBITDA. The 52-week high is recorded at $19.71 and the low at $1.94, placing the current trading price within a wide historical range that reflects high investor sentiment volatility. The beta value of 0.10 indicates that the stock exhibits extremely low price volatility relative to the broader market, moving far less than the general equity index despite its high valuation multiples.
Growth & Income
Revenue growth year-over-year is impressive at 131.4%, whereas earnings growth is N/A due to the company's continued net losses, implying that top-line expansion is currently outpacing the ability to generate profitable earnings. Since the company does not pay dividends, the dividend yield is N/A and the payout ratio is 0.0%, meaning that all available cash flow is theoretically retained for operations or reinvestment rather than being distributed to shareholders. The absence of a dividend payout combined with negative earnings suggests that the company is in an investment phase where capital is prioritized for exploration, development, or cost reduction rather than income distribution. The overall growth and income profile is characterized by aggressive revenue expansion paired with significant cash burn and no current income generation, creating a high-risk, high-reward dynamic typical of early-stage resource development projects.