US Antimony (UAMY) Loses 7.66% on Profit-Taking

We recently published 10 Big Names Crumbling Before 2026. United States Antimony Corporation (NYSEAmerican:UAMY) is one of the worst performers on Tuesday.

US Antimony extended its winning streak to a third straight day on Tuesday, shedding 7.66 percent to close at $5.18 apiece mainly due to continued profit-taking from last week’s surge.

Last week, the stock climbed back to the $6 territory before profit-taking persisted this week to fall back to the $5 level.

For next year, United States Antimony Corporation (NYSEAmerican:UAMY) posted an upbeat outlook for its business, saying that it expects it to be a “banner year.”

“We will not only have the expansion of Thompson Falls completed, and hopefully, in January, we’re on target,” US Antimony Corp. (NYSEAmerican:UAMY) Chairman Gary Evans said earlier.

US Antimony Corp. (NYSEAmerican:UAMY) is a company producing and selling antimony, zeolite, and other precious metals. It also operates the only antimony smelter in the US.

In the third quarter of the year, net loss attributable to shareholders expanded by 556 percent to $4.78 million from $729,384 in the same period last year.

Revenues increased by 238 percent to $8.7 million from $2.57 million year-on-year.

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Disclosure: None. This article is originally published at Insider Monkey.