United States Antimony (NYSE:UAMY) Earns Hold Rating from Analysts at StockNews.com

Posted by Scott Moore on Apr 27th, 2024

StockNews.com began coverage on shares of United States Antimony (NYSE:UAMY – Free Report) in a research report report published on Wednesday morning. The brokerage issued a hold rating on the stock.

United States Antimony Price Performance

UAMY stock opened at $0.22 on Wednesday. The business has a 50 day simple moving average of $0.24 and a 200-day simple moving average of $0.26. The firm has a market capitalization of $24.00 million, a PE ratio of -3.72 and a beta of 0.54. United States Antimony has a 1 year low of $0.17 and a 1 year high of $0.48.

United States Antimony (NYSE:UAMY – Get Free Report) last posted its quarterly earnings results on Friday, April 12th. The company reported ($0.03) earnings per share (EPS) for the quarter. The company had revenue of $1.67 million during the quarter. United States Antimony had a negative net margin of 73.05% and a negative return on equity of 21.83%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Logan Capital Management Inc. purchased a new position in United States Antimony in the third quarter worth approximately $44,000. Boston Financial Mangement LLC acquired a new position in United States Antimony during the third quarter worth $40,000. Finally, Cambridge Investment Research Advisors Inc. lifted its stake in United States Antimony by 21.0% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 310,594 shares of the company’s stock worth $115,000 after purchasing an additional 54,000 shares in the last quarter. 9.49% of the stock is currently owned by hedge funds and other institutional investors.

United States Antimony Company Profile

(Get Free Report)

United States Antimony Corporation produces and sells antimony, silver, gold, and zeolite products in the United States, Mexico, and Canada. The company operates through Antimony, Zeolite, and Precious Metals segments. The company offers antimony oxide that is primarily used in conjunction with a halogen to form a synergistic flame retardant system for plastics, rubber, fiberglass, textile goods, paints, coatings, and paper.