United States Antimony Management
Management criteria checks 2/4
United States Antimony's CEO is Gary Evans, appointed in Dec 2024, has a tenure of 1.42 years. total yearly compensation is $5.04M, comprised of 6.2% salary and 93.8% bonuses, including company stock and options. directly owns 2.26% of the company’s shares, worth $39.24M. The average tenure of the management team and the board of directors is 2.2 years and 2.8 years respectively.
Key information
Gary Evans
Chief executive officer
US$5.0m
Total compensation
| CEO salary percentage | 6.25% |
| CEO tenure | 1.4yrs |
| CEO ownership | 2.3% |
| Management average tenure | 2.2yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
UAMY: Galena Hydromet Facility Will Support Critical Minerals Upside Thesis
Narrative Update on United States Antimony Analysts have lifted the blended price target for United States Antimony by $2 to $11.50, citing recent research that highlights the planned Galena Complex hydrometallurgical facility joint venture, progression of the Fostung tungsten resource, and expectations around the Bolivian hydromet plant as key supports for this revised view. Analyst Commentary Recent research around United States Antimony centers on the planned hydrometallurgical facility at the Galena Complex, progress at the Fostung tungsten resource, and expectations around the Bolivian hydromet plant.United States Antimony: Policy-Driven Demand Creates A Rare Mining Opportunity
Apr 16UAMY: Galena Hydromet Venture Will Drive Critical Minerals Upside Thesis
The analyst price target for United States Antimony has been raised by $2 to reflect updated views on the company's joint venture plans, potential federal funding, and future hydrometallurgical production milestones cited in recent Street research. Analyst Commentary Bullish Takeaways Bullish analysts see the higher price targets as reflecting increased confidence that the Galena Complex hydrometallurgical facility can support long term production plans for copper, silver, and antimony once operational.UAMY: Galena Hydromet Venture Will Reshape Critical Minerals Upside Thesis
Analysts have lifted their average price target on United States Antimony from about $11.58 to roughly $12.67, citing updated views on future profitability, a lower assumed discount rate, and a revised forward P/E framework following recent research highlighting the planned hydrometallurgical JV and related project pipeline. Analyst Commentary Recent research commentary on United States Antimony has focused on the implications of the planned hydrometallurgical joint venture at the Galena Complex, the broader project pipeline, and how these could feed into earnings frameworks, capital needs, and execution risk.UAMY: Galena Hydromet Facility Will Reframe Critical Minerals Upside Outlook
The analyst price target for United States Antimony has been raised from $9 to $11 as analysts factor in the planned Galena hydrometallurgical facility joint venture, permitting progress, the Fostung tungsten resource, and expected Bolivian hydromet output as potential catalysts. Analyst Commentary Analysts looking at United States Antimony are focusing on how the planned hydrometallurgical projects, resource development, and permitting progress could influence the company’s valuation and execution risk.UAMY: New Antimony Joint Venture Will Support Critical Minerals Upside Outlook
Analysts have lifted their price target on United States Antimony from about $9.67 to roughly $10.92, reflecting updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E. What's in the News Americas Gold and Silver Corporation and United States Antimony entered a definitive agreement to form a joint venture to construct and operate an antimony processing plant in Idaho's Silver Valley, with ownership split 51% to Americas and 49% to United States Antimony (Key Developments).
Defense Contracts And Critical Mineral Supply Chain Will Reshape This Antimony Producer’s Future
Catalysts About United States Antimony United States Antimony Corporation is a vertically integrated producer of antimony and other critical minerals, with mining, processing and smelting operations across North America and supply relationships worldwide. What are the underlying business or industry changes driving this perspective?UAMY: Long-Term Supply Deal Will Support Critical Minerals Upside Outlook
Analysts have revised their price target on United States Antimony to reflect slightly higher discount rate assumptions and a modestly richer future P/E multiple, while keeping fair value essentially unchanged at about US$9.67 per share. What's in the News United States Antimony signed a new five year supply agreement with a U.S. industrial fabric manufacturer for antimony trioxide used in flame retardant materials, with potential renewal for up to five additional years and a value of up to US$106.7 million in the initial term (company announcement).UAMY: Long-Term Supply Deal And Supply Chain Risks Will Shape Outlook
Analysts have nudged their price target on United States Antimony slightly higher to US$9.67, citing modest adjustments to the discount rate and future P/E assumptions, while keeping fair value, revenue growth, and profit margin expectations effectively unchanged. What's in the News United States Antimony signed a new supply agreement with a U.S. industrial fabric manufacturer for antimony trioxide used in flame retardant materials, focused on meeting strict technical specifications and supporting higher production volumes starting early next year (company announcement).UAMY: New Long-Term Supply Deal Will Support Bullish Repricing
Analysts have kept their fair value estimate for United States Antimony steady at US$9.67 per share, with only small refinements to the discount rate, revenue growth, profit margin and future P/E assumptions guiding this unchanged price target. What's in the News United States Antimony signed a five year supply agreement, with renewal options for up to five additional years, to provide antimony trioxide to a U.S. industrial fabric manufacturer, with a contract value of up to US$106.7 million in the initial term, focused on meeting stringent technical specifications for flame retardant materials (Key Developments).UAMY: Long-Term Supply Deal And Index Inclusion Will Drive Bullish Repricing
Analysts have modestly raised their price target on United States Antimony, citing slightly higher discount rate and forward P/E assumptions that collectively support a fair value estimate of approximately 9.67 dollars per share. What's in the News United States Antimony signed a five year antimony trioxide supply agreement with a major U.S. industrial fabric manufacturer, with potential extensions to ten years and contract value up to 106.7 million dollars, supporting domestic flame retardant and critical mineral supply chains (company announcement).UAMY: New Long-Term Supply Agreement Will Strengthen Domestic Market Position
Analysts have modestly raised their price target for United States Antimony to $9.67 per share, citing slight adjustments in long-term assumptions. These include higher discount rates and lower profit margin expectations.UAMY: Expanded Supply Deal Will Drive U.S. Antimony Market Leadership
Narrative Update on United States Antimony: Analyst Price Target Revision Analysts have raised their price target for United States Antimony from $7.50 to $9.67. They cite updated growth forecasts, a higher discount rate, and changes to projected profit margins and future price-to-earnings ratios as reasons for this revision.UAMY: Recent Equity Raises And Expansion Plans Will Shape 2025 Outlook
Analysts have modestly increased their price target for United States Antimony, now valuing the shares at $7.50. Upwardly revised revenue growth forecasts have offset concerns about a lower profit margin and a higher projected price-to-earnings ratio.Expanding Domestic Antimony Processing Will Secure Resilient Supply From Montana To Ontario
Analysts have maintained their price target for United States Antimony at $7.50, citing a steady outlook for key profitability and growth metrics with negligible changes to the discount rate, projected revenue, and profit margin estimates. What's in the News United States Antimony Corporation entered into a securities purchase agreement with a leading long-only mutual fund, securing approximately $25 million for acquisitions, inventory expansion, capacity increases at the Madero Smelter, and general working capital (Key Developments).Expanding Domestic Antimony Processing Will Secure Resilient Supply From Montana To Ontario
Analysts have raised their price target for United States Antimony from $6.25 to $7.50, reflecting adjustments to future profit expectations and updated valuation assumptions. What's in the News United States Antimony Corporation has been added to the S&P/TSX Global Mining Index and the S&P Global BMI Index (Key Developments).Expanding Domestic Antimony Processing Will Secure Resilient Supply From Montana To Ontario
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.
Mexico Operations And Montana Expansion Will Advance Antimony Processing
Reopening and enhancing operations in Mexico and Montana will boost earnings through increased sales volumes and margins.CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2025 | US$5m | US$315k | -US$4m |
| Sep 30 2025 | n/a | n/a | -US$5m |
| Jun 30 2025 | n/a | n/a | -US$890k |
| Mar 31 2025 | n/a | n/a | -US$869k |
| Dec 31 2024 | US$652k | n/a | -US$2m |
| Sep 30 2024 | n/a | n/a | -US$7m |
| Jun 30 2024 | n/a | n/a | -US$7m |
| Mar 31 2024 | n/a | n/a | -US$7m |
| Dec 31 2023 | US$151k | n/a | -US$6m |
| Sep 30 2023 | n/a | n/a | -US$693k |
| Jun 30 2023 | n/a | n/a | -US$476k |
| Mar 31 2023 | n/a | n/a | -US$102k |
| Dec 31 2022 | US$2k | n/a | US$381k |
Compensation vs Market: Gary's total compensation ($USD5.04M) is about average for companies of similar size in the US market ($USD5.37M).
Compensation vs Earnings: Gary's compensation has increased whilst the company is unprofitable.
CEO
Gary Evans (68 yo)
1.4yrs
Tenure
US$5,038,488
Compensation
Mr. Gary C. Evans is Chairman of United States Antimony Corporation since July 28, 2023 and serves as its Chief Executive Officer since December 09, 2024 and was its Co-Chief Executive Officer from March 0...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 1.4yrs | US$5.04m | 2.26% $ 39.2m | |
| Senior VP & CFO | 2.8yrs | US$1.48m | 0.36% $ 6.3m | |
| Executive VP | 1.4yrs | US$1.53m | 0.64% $ 11.2m | |
| VP of Investor Relations & Global Sales Manager | 1.8yrs | no data | no data | |
| President of Antimony Division | 2.2yrs | US$428.64k | 0.47% $ 8.1m | |
| Secretary & Treasurer | 3.3yrs | no data | no data | |
| Controller | 2.8yrs | no data | no data | |
| President of Bear River Zeolite Company | less than a year | no data | 0.031% $ 544.6k | |
| VP & GM of BRZ | 2.3yrs | no data | 0.079% $ 1.4m |
2.2yrs
Average Tenure
57yo
Average Age
Experienced Management: UAMY's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 3.5yrs | US$5.04m | 2.26% $ 39.2m | |
| Executive VP | 5.3yrs | US$1.53m | 0.64% $ 11.2m | |
| Independent Director | 2.8yrs | US$382.34k | 0.55% $ 9.6m | |
| Independent Director | less than a year | US$440.57k | no data | |
| Independent Director | 2.3yrs | US$384.84k | 0.079% $ 1.4m | |
| Independent Director | 6.8yrs | US$368.84k | 0.59% $ 10.3m | |
| Independent Director | less than a year | US$234.18k | no data |
2.8yrs
Average Tenure
72yo
Average Age
Experienced Board: UAMY's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/03 16:44 |
| End of Day Share Price | 2026/05/01 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
United States Antimony Corporation is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jacob Sekelsky | Alliance Global Partners |
| Nicholas Giles | B. Riley Securities, Inc. |
| Heiko Ihle | H.C. Wainwright & Co. |