- Rare earth and strategic metals have an improved outlook due to weaker production in China and increased global demand due in part to battery technology and stockpiling.
- This has caused many small mining companies such as U.S Antimony to boom.
- Evidence suggests the rally in miners such as UAMY is partly fueled by speculative fervor which could cause a near-term reversal.
- U.S Antimony's equity sale will give it a large pile of cash which can be used to expand production and potentially more profitable prices.
- While U.S Antimony's outlook has improved, its valuation today is a bit difficult to justify.
For further details see:
United States Antimony: Fundamentals Are Improving, But I'm Not Buying This Rally