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A $1.55 billion government-backed deal that should signal strength is somehow sending USA Rare Earth shares lower, and the sharpest selloff belongs to a company with no news at all.
United States Antimony (NYSE:UAMY) has begun commissioning its newly built Thompson Falls antimony smelter, with the aim of expanding production capacity. The company also announced a US$100 million share repurchase program, indicating management confidence in its fundamentals. Both moves may influence United States Antimony's operating profile and the value of its stock for existing and potential shareholders. These developments at United States Antimony highlight how some resource...
A year-over-year decline in revenue is hardly the only thing scaring investors.
Plunging antimony prices have eroded United States Antimony’s second-quarter revenue, prompting an outlook cut.
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