United States Antimony Co. (NYSEAMERICAN:UAMY) Receives $6.08 Average Price Target from Brokerages

United States Antimony Co. (NYSEAMERICAN:UAMY) has earned a consensus recommendation of “Buy” from the five brokerages that are presently covering the company, MarketBeat reports. Four investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $6.0833.

Several research analysts recently commented on the stock. William Blair initiated coverage on shares of United States Antimony in a report on Monday, October 20th. They issued an “outperform” rating for the company. HC Wainwright raised their price target on United States Antimony from $8.50 to $10.25 and gave the stock a “buy” rating in a report on Thursday, November 13th.

Institutional Investors Weigh In On United States Antimony

Several hedge funds and other institutional investors have recently modified their holdings of UAMY. Victory Capital Management Inc. increased its holdings in shares of United States Antimony by 12.4% in the third quarter. Victory Capital Management Inc. now owns 12,087 shares of the company’s stock worth $75,000 after purchasing an additional 1,332 shares during the period. Leo Wealth LLC grew its position in United States Antimony by 12.9% during the fourth quarter. Leo Wealth LLC now owns 16,939 shares of the company’s stock worth $85,000 after buying an additional 1,939 shares in the last quarter. Jones Financial Companies Lllp increased its stake in United States Antimony by 28.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 10,130 shares of the company’s stock worth $63,000 after acquiring an additional 2,223 shares during the last quarter. Nova Wealth Management Inc. increased its stake in United States Antimony by 405.0% in the 3rd quarter. Nova Wealth Management Inc. now owns 5,050 shares of the company’s stock worth $31,000 after acquiring an additional 4,050 shares during the last quarter. Finally, CoreCap Advisors LLC purchased a new stake in shares of United States Antimony in the 4th quarter valued at about $27,000. 9.49% of the stock is currently owned by institutional investors.

United States Antimony Stock Performance

UAMY stock opened at $9.50 on Friday. The stock has a fifty day moving average of $6.61 and a 200-day moving average of $6.46. United States Antimony has a fifty-two week low of $1.21 and a fifty-two week high of $19.71. The company has a market capitalization of $1.33 billion, a price-to-earnings ratio of -950.00 and a beta of -0.01.

United States Antimony (NYSEAMERICAN:UAMY) last released its quarterly earnings data on Wednesday, November 12th. The company reported ($0.04) EPS for the quarter. The business had revenue of $8.70 million for the quarter. United States Antimony had a negative net margin of 15.49% and a negative return on equity of 11.58%. Equities analysts predict that United States Antimony will post -0.01 EPS for the current year.

About United States Antimony

United States Antimony Corporation is a specialized mining and chemical company focused primarily on the production and processing of antimony and antimony-based compounds. The company operates its own extraction and milling facilities to recover antimony metal and antimony trioxide, which serve as critical raw materials in industries such as flame retardants for plastics and textiles, catalysts for chemical processes, and additives for glass and ceramics. In addition to antimony, United States Antimony maintains smaller-scale gold and silver operations in Mexico that provide supplementary revenue streams and diversification of its mineral portfolio.

Founded in the mid-20th century, United States Antimony has evolved from a single‐mine operator into a multinational enterprise with mining and processing sites in both the United States and Mexico.