Truist Financial Corp Has $13.34 Million Stock Position in United States Antimony Co. $UAMY

Truist Financial Corp increased its holdings in shares of United States Antimony Co. (NYSEAMERICAN:UAMY) by 6.0% in the third quarter, HoldingsChannel reports. The firm owned 2,151,318 shares of the company’s stock after buying an additional 122,500 shares during the period. Truist Financial Corp’s holdings in United States Antimony were worth $13,338,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of UAMY. Goldman Sachs Group Inc. lifted its position in shares of United States Antimony by 36.3% in the first quarter. Goldman Sachs Group Inc. now owns 359,692 shares of the company’s stock valued at $791,000 after buying an additional 95,811 shares during the last quarter. Penbrook Management LLC bought a new stake in United States Antimony in the 2nd quarter valued at $44,000. ProShare Advisors LLC acquired a new stake in United States Antimony during the 2nd quarter valued at $41,000. Geode Capital Management LLC boosted its position in United States Antimony by 144.6% during the second quarter. Geode Capital Management LLC now owns 1,955,494 shares of the company’s stock worth $4,264,000 after purchasing an additional 1,156,021 shares during the period. Finally, Police & Firemen s Retirement System of New Jersey bought a new position in United States Antimony during the second quarter worth $47,000. Institutional investors own 9.49% of the company’s stock.

United States Antimony Stock Performance

UAMY stock opened at $7.33 on Friday. United States Antimony Co. has a 52 week low of $1.21 and a 52 week high of $19.71. The company has a market capitalization of $1.03 billion, a PE ratio of -733.00 and a beta of -0.01. The company’s 50-day simple moving average is $6.81 and its 200 day simple moving average is $6.60.

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

Wall Street Analyst Weigh In

UAMY has been the topic of several research analyst reports. William Blair started coverage on shares of United States Antimony in a research report on Monday, October 20th. They issued an “outperform” rating on the stock. HC Wainwright increased their price target on shares of United States Antimony from $8.50 to $10.25 and gave the company a “buy” rating in a report on Thursday, November 13th. One equities research analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $6.08.

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.