United States (UAMY) | News Based Sentiment Analysis

• Record Contract Win: A Turning Point for UAMY: On October 2, 2025, United States Antimony Corporation (UAMY) announced a significant five-year, US$245 million contract with the U.S. Defense Logistics Agency (DLA) to supply antimony metal ingots. This contract, leveraging UAMY’s unique North American smelting capabilities meeting stringent military specifications, is a major win for the company and positions it as a key supplier to the National Defense Stockpile.
• First Delivery Order Underlines DLA Partnership: Just a day later, on October 3, 2025, UAMY received its first delivery order under the DLA contract, valued at approximately $10 million for 315,000 lbs. of antimony metal ingots. This initial order immediately begins replenishing the U.S. National Defense Stockpile and demonstrates the rapid execution of the newly secured agreement.
• Expansion Plans Signal Confidence in Future Demand: UAMY is aggressively expanding its Thompson Falls, Montana processing facility by over 400%, anticipating completion by early 2026, and is also developing projects in Alaska and Montana. This expansion, coupled with the start of sourcing ore from wholly owned projects in Q3/25, indicates strong confidence in sustained demand for its products.
• Strong Cash Position Fuels Growth Initiatives: The company bolstered its financial position this quarter, generating $18 million in gross proceeds from an equity raise, bringing its cash balance to over $33 million as of October 2, 2025. This, combined with a $65 million at-the-market facility, provides ample capital to fund the Thompson Falls smelter expansion to 300 tons per month.
• Analyst Optimism Drives Price Target Increases: Alliance Global Partners significantly raised its price target on UAMY by 86%, from $5.25 to $9.75 per share on October 2, 2025, citing the DLA contract as an “inflection point.” HC Wainwright followed suit on October 3, 2025, increasing its target from $4.50 to $8.50, both firms maintaining a “Buy” rating.
• Insider Selling Amidst Positive Momentum: Despite the positive news, some insider selling occurred on October 1st and 3rd, 2025. Jeffrey Russell, VP & GM for Brazil, sold a combined 10,833 shares at prices ranging from $8.12 to $8.16, while Director Michael A. McManus Jr. sold 50,000 shares at $7.32.
• Institutional Investor Confidence Grows: Institutional investors are increasing their stakes in UAMY. Soviero Asset Management LP increased its stake by 180.2% during Q2 2025, now owning 510,000 shares valued at $1,112,000. Russell Investments Group Ltd. also increased its stake by 272.0%, acquiring 457,784 shares valued at $998,000.
• Stock Performance Reaches New Highs: United States Antimony’s stock hit a 52-week high of $8.35 during trading on October 3, 2025, closing at $8.17 with a volume of over 4.3 million shares traded, representing a 22% single-day surge.

The Investment Story: October proved to be a transformative month for United States Antimony, marked by a landmark defense contract, positive analyst revisions, and a surge in stock price. The company is strategically positioning itself for significant growth, backed by strong financial resources and increasing institutional support.

What It Means for Investors: The DLA contract significantly de-risks UAMY’s revenue stream and validates its position as a critical supplier. While some insider selling is noted, the overall sentiment is overwhelmingly positive, supported by analyst upgrades and institutional investment. Investors should monitor the execution of the expansion plans and continued demand from the DLA.

Looking Ahead: Investors should closely watch for updates on the Thompson Falls facility expansion and the fulfillment of subsequent delivery orders under the DLA contract. Monitoring the company’s financial performance and any further analyst commentary will be crucial in assessing the sustainability of this positive momentum.

The Bottom Line: United States Antimony’s October developments present a compelling investment opportunity. The combination of a major contract win, expansion plans, and positive analyst sentiment suggests substantial upside potential, making UAMY a noteworthy addition to any portfolio focused on defense-related industries and strategic materials.