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

Shares of United States Antimony Co. (NYSEAMERICAN:UAMY) have been assigned an average rating of “Buy” from the five research firms that are currently covering the company, Marketbeat Ratings reports. Five analysts have rated the stock with a buy rating. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $8.75.

Several research analysts have commented on the stock. Alliance Global Partners restated a “buy” rating on shares of United States Antimony in a research report on Wednesday, February 11th. B. Riley Financial boosted their price target on United States Antimony from $9.00 to $11.00 and gave the stock a “buy” rating in a report on Tuesday. Finally, HC Wainwright restated a “buy” rating and set a $10.25 price objective on shares of United States Antimony in a research report on Tuesday, February 3rd.

United States Antimony Stock Up 8.1%

UAMY stock opened at $8.37 on Wednesday. The company’s 50-day moving average price is $7.53 and its two-hundred day moving average price is $7.16. The firm has a market cap of $1.17 billion, a P/E ratio of -837.00 and a beta of 0.10. United States Antimony has a 12 month low of $1.21 and a 12 month high of $19.71.

Institutional Investors Weigh In On United States Antimony

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. lifted its stake in United States Antimony by 36.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 359,692 shares of the company’s stock valued at $791,000 after purchasing an additional 95,811 shares during the last quarter. ProShare Advisors LLC acquired a new position in shares of United States Antimony during the second quarter worth $41,000. Geode Capital Management LLC increased its holdings in shares of 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 buying an additional 1,156,021 shares in the last quarter. Police & Firemen s Retirement System of New Jersey bought a new position in shares of United States Antimony in the 2nd quarter valued at $47,000. Finally, Calamos Advisors LLC boosted its holdings in shares of United States Antimony by 16.5% during the 2nd quarter. Calamos Advisors LLC now owns 127,149 shares of the company’s stock valued at $277,000 after acquiring an additional 17,992 shares in the last quarter. 9.49% of the stock is owned by institutional investors.

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.