United States Antimony Co. (NYSEAMERICAN:UAMY) Receives Consensus Recommendation of “Buy” from Brokerages

United States Antimony Co. (NYSEAMERICAN:UAMY) has earned a consensus recommendation of “Buy” from the five brokerages that are covering the stock, MarketBeat.com reports. Five equities research analysts have rated the stock with a buy recommendation. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $8.75.

A number of equities research analysts recently commented on the stock. Alliance Global Partners reaffirmed 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 objective on shares of United States Antimony in a report on Tuesday, February 3rd. Finally, B. Riley Financial raised their target price on United States Antimony from $9.00 to $11.00 and gave the stock a “buy” rating in a research report on Tuesday, February 24th.

United States Antimony Stock Down 4.8%

UAMY opened at $9.22 on Friday. United States Antimony has a twelve month low of $1.57 and a twelve month high of $19.71. The company’s 50-day moving average price is $8.63 and its two-hundred day moving average price is $7.62. The stock has a market cap of $1.29 billion, a price-to-earnings ratio of -922.00 and a beta of -0.01.

Institutional Investors Weigh In On United States Antimony

Several large investors have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. raised 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 acquiring an additional 95,811 shares during the period. ProShare Advisors LLC bought a new position in United States Antimony during the second quarter worth about $41,000. Geode Capital Management LLC increased its stake in shares of United States Antimony by 144.6% in 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 in the last quarter. Police & Firemen s Retirement System of New Jersey purchased a new position in shares of United States Antimony in the second quarter worth about $47,000. Finally, Calamos Advisors LLC raised its position in shares of United States Antimony by 16.5% in the second quarter. Calamos Advisors LLC now owns 127,149 shares of the company’s stock valued at $277,000 after purchasing an additional 17,992 shares during the period. Hedge funds and other institutional investors own 9.49% of the company’s stock.

United States Antimony Company Profile

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.