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Evette Mitkov

US Antimony Stock Surges On $245 Million Defense Stockpile Contract

DLA United States Gary Evans USAC

Technical,Price,Graph,And,Indicator,,Red,And,Green,Candlestick,Chart

United States Antimony Corporation (NYSE:UAMY) shares are rising Tuesday after the company announced a collaboration with the U.S. Defense Logistics Agency (DLA).

What Happened: U.S. Antimony has been awarded an Indefinite Delivery Indefinite Quantity (IDIQ) sole-source contract by the DLA Strategic Materials for up to $245 million. The contract is for the purchase of antimony metal ingots to aid in the replenishment of the National Defense Stockpile.

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