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Applied Minerals Inc (AMNL)

Applied Minerals Inc (AMNL)
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Applied Minerals is the leading producer of halloysite clay and advanced natural iron oxide solutions from its wholly owned Dragon Mine property in Utah. Halloysite is aluminosilicate clay that forms naturally occurring nanotubes. In addition to serving the traditional halloysite markets for use in technical ceramics and catalytic applications, they have developed niche applications that benefit from the tubular morphology of its halloysite. These applications include carriers of active ingredients in paints, coatings and building materials, environmental remediation, agricultural applications and high-performance additives & fillers for plastic composites. Applied Minerals markets its halloysite products under the DRAGONITE trade name. From its Dragon Mine property, the Company also produces a range of ultra-pure natural iron oxides consisting of hematite and goethite. The inherent properties of the iron oxide from the Dragon Mine allow for a wide range of end uses in pigment and technical applications.
(Values in U.S. Thousands) Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018 Dec, 2017
Sales 1,410 880 490 4,870 2,440
Sales Growth +60.23% +79.59% -89.94% +99.59% -39.15%
Net Income -3,280 -3,290 -5,970 -3,330 -14,910
Net Income Growth +0.30% +44.89% -79.28% +77.67% -95.16%
(Values in U.S. Thousands) Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018 Dec, 2017
Total Assets 1,180 1,900 1,490 4,140 3,320
Total Assets Growth -37.89% +27.52% -64.01% +24.70% -45.39%
Total Liabilities 51,580 49,730 46,270 38,260 36,520
Total Liabilities Growth +3.72% +7.48% +20.94% +4.76% +35.01%
(Values in U.S. Thousands) Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018 Dec, 2017
Operating Cash Flow -1,110 850 -2,380 1,330 -2,110
Operating Cash Flow Growth -230.59% +135.71% -278.95% +163.03% +22.71%
Net Cash Flow -600 620 -2,840 2,840 -1,000
Change in Net Cash Flow -196.77% +121.83% -200.00% +384.00% -33.33%
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