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Expanding Domestic Antimony Processing Will Secure Resilient Supply From Montana To Ontario

Update shared on 20 Sep 2025

Fair value Increased 27%
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AnalystConsensusTarget's Fair Value
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1Y
1,162.7%
7D
3.1%

The consensus analyst price target for United States Antimony has been significantly raised, primarily due to a higher future P/E multiple, lifting fair value from $4.92 to $6.25.


What's in the News


  • United States Antimony converted its state of incorporation from Montana to Texas, adopted new bylaws, and is now governed by Texas state law.
  • The company filed a registered direct follow-on equity offering for $18 million, issuing 4,000,000 shares at $4.50 each, with a $0.315 discount per share.
  • No shares were repurchased in the latest period; total buyback under the 2022 program stands at 418,696 shares for $0.2 million.
  • Revenue guidance for 2025 was reaffirmed at $40 million to $50 million.
  • Operations expanded across multiple regions: procurement efforts increased in Alaska, option secured on the Mohawk Mine, additional shipments and processing challenges with Australian supply, new supply agreements in Bolivia targeting ramp-up to 150 metric tons/month, significant increase in Canadian raw material procurement, and re-acquisition of surface acreage and mining rights near the Thompson Falls smelter in Montana.
  • Madero Smelter in Mexico was restarted in April due to higher antimony prices and new international supplies, while dedicated new supply negotiations continue; USAC retains unique assets in the region.
  • US Antimony was added to multiple Russell indices, including the Russell 2000, 2500, 3000, and Microcap growth indices.

Valuation Changes


Summary of Valuation Changes for United States Antimony

  • The Consensus Analyst Price Target has significantly risen from $4.92 to $6.25.
  • The Future P/E for United States Antimony has significantly risen from 11.56x to 13.80x.
  • The Discount Rate for United States Antimony remained effectively unchanged, moving only marginally from 7.28% to 7.39%.

Disclaimer

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