United States Antimony (NYSEAMERICAN:UAMY) Trading Down 8.3% – Time to Sell?

United States Antimony Co. (NYSEAMERICAN:UAMY)’s stock price was down 8.3% on Monday . The company traded as low as $8.01 and last traded at $8.0280. Approximately 5,109,935 shares were traded during trading, a decline of 65% from the average daily volume of 14,791,234 shares. The stock had previously closed at $8.75.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on UAMY. HC Wainwright reiterated a “buy” rating and issued a $10.25 target price on shares of United States Antimony in a research note on Tuesday, February 3rd. Alliance Global Partners restated a “buy” rating on shares of United States Antimony in a report on Wednesday, February 11th. Finally, B. Riley Financial upped their price objective on United States Antimony from $9.00 to $11.00 and gave the company a “buy” rating in a research report on Tuesday, February 24th. Five research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $8.75.

United States Antimony Trading Down 10.8%

The firm has a fifty day moving average of $8.93 and a 200 day moving average of $7.99. The company has a market capitalization of $1.09 billion, a P/E ratio of -781.50 and a beta of -0.01.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the stock. State Street Corp boosted its holdings in United States Antimony by 30.5% in the fourth quarter. State Street Corp now owns 7,669,026 shares of the company’s stock worth $38,499,000 after purchasing an additional 1,794,234 shares during the last quarter. Vanguard Group Inc. raised its stake in United States Antimony by 22.5% during the 3rd quarter. Vanguard Group Inc. now owns 5,597,951 shares of the company’s stock valued at $34,707,000 after buying an additional 1,026,412 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of United States Antimony by 22.3% during the 4th quarter. Geode Capital Management LLC now owns 2,655,922 shares of the company’s stock valued at $13,336,000 after buying an additional 484,172 shares during the period. Segall Bryant & Hamill LLC purchased a new position in shares of United States Antimony in the 3rd quarter worth $15,384,000. Finally, Truist Financial Corp boosted its stake in shares of United States Antimony by 6.0% in the 3rd quarter. Truist Financial Corp now owns 2,151,318 shares of the company’s stock worth $13,338,000 after buying an additional 122,500 shares during the last quarter. 9.49% of the stock is owned by hedge funds and other institutional investors.

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.