United States Antimony Corporation (“USAC”, NYSE MKT “UAMY”) reports a loss of $558,536 after the provision for income taxes of $167,107 on sales of $12,042,702. The loss was primarily attributed to additional expenses of Mexican operations due to commencement of major mining, milling and smelter facilities and to a price fall of $1.19 per pound of antimony.
Following is a schedule of antimony sales:
|Lbs of||Lbs of Metal|
Following is a schedule of our precious metals sales:
|Ounces Gold Shipped (Au)||31.797||101.127||161.711||102.319|
|Ounces Silver Shipped (Ag)||6,870.10||31,545.22||17,472.99||20,237.70|
Although our sales volume of zeolite in 2012 was similar to 2011, our average sales price per ton increased by $43.76, from $168.83 per ton to $212.59 per ton, an increase of 25.9%. During 2012, sales of zeolite increased $598,058 and the gross profit increased from $118,185 in 2011 to $361,961 in 2012.
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