Controller Hubert Rachel purchases 7,500 shares at blended $0.45 in UAMY amid 30-day +80.1% rally and full-year unprofitability.
Hubert Rachel, the Controller at United States Antimony Corp, executed 2 separate purchases totaling 7,500 shares for $3,372.00 on 2024-08-15, establishing an initial position at a blended average price of $0.45. This acquisition occurs at the top of the company's 52-week range ($0.21–$0.56), with the stock having rallied 80.1% over the prior 30 days and 112.1% over 90 days. The company reported negative full-year net income despite positive quarterly revenue of $2,813,780, indicating ongoing profitability challenges; annual revenue growth stands at -21.3%, signaling a contracting business. As a Controller—a financial officer responsible for accounting and controls—Rachel's purchase at peak valuation following a steep rally warrants examination of whether this reflects confidence in a turnaround or is independent of discretionary timing factors.