United States Antimony (NYSEAMERICAN:UAMY) Trading 12.9% Higher – Here’s Why

United States Antimony Co. (NYSEAMERICAN:UAMY)’s share price shot up 12.9% during mid-day trading on Monday . The stock traded as high as $9.95 and last traded at $10.0930. 4,004,019 shares changed hands during mid-day trading, a decline of 73% from the average session volume of 14,749,573 shares. The stock had previously closed at $8.94.

Analysts Set New Price Targets

UAMY has been the subject of a number of research reports. Alliance Global Partners reiterated a “buy” rating on shares of United States Antimony in a report on Wednesday, February 11th. HC Wainwright reissued a “buy” rating and set a $10.25 price target on shares of United States Antimony in a research report on Tuesday, February 3rd. Finally, B. Riley Financial lifted their price objective on United States Antimony from $9.00 to $11.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. Five investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, United States Antimony currently has a consensus rating of “Buy” and an average price target of $8.75.

United States Antimony Stock Performance

The business’s fifty day moving average price is $7.80 and its two-hundred day moving average price is $7.27. The firm has a market capitalization of $1.47 billion, a P/E ratio of -1,044.30 and a beta of -0.01.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Victory Capital Management Inc. raised its stake in United States Antimony by 12.4% in the third quarter. Victory Capital Management Inc. now owns 12,087 shares of the company’s stock valued at $75,000 after buying an additional 1,332 shares during the last quarter. Leo Wealth LLC raised its position in shares of United States Antimony by 12.9% in the 4th quarter. Leo Wealth LLC now owns 16,939 shares of the company’s stock valued at $85,000 after purchasing an additional 1,939 shares during the last quarter. Jones Financial Companies Lllp raised its position in shares of United States Antimony by 28.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 10,130 shares of the company’s stock valued at $63,000 after purchasing an additional 2,223 shares during the last quarter. Sanctuary Advisors LLC grew its position in United States Antimony by 27.7% during the 4th quarter. Sanctuary Advisors LLC now owns 14,052 shares of the company’s stock worth $71,000 after purchasing an additional 3,052 shares during the last quarter. Finally, Nova Wealth Management Inc. increased its stake in United States Antimony by 405.0% during the 3rd quarter. Nova Wealth Management Inc. now owns 5,050 shares of the company’s stock valued at $31,000 after purchasing an additional 4,050 shares in the last quarter. 9.49% of the stock is currently owned by hedge funds and other 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.