UAMY Launches $100M Buyback After Slashing Guidance
UAMY sits 37% above its 52-week low of $3.93.
Summary
United States Antimony announced a $100 million share repurchase program, a significant capital return given its $778M market cap. The buyback follows a turbulent period: H1 net loss of $11.2M, full-year revenue guidance cut to $60M–$75M, and heavy ATM dilution. With $41.4M cash on hand and $275M in pending government grants, the company is signaling confidence in its liquidity and future cash flows. The repurchase could offset prior dilution and support the stock, but execution will depend on grant funding and antimony price recovery.
At the time of this announcement, UAMY was trading at $5.38 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $778.3M. The 52-week trading range was $3.93 to $19.71. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Reuters.