United States Antimony (NYSEAMERICAN:UAMY) Stock Price Down 5.2% – Here’s Why

United States Antimony Co. (NYSEAMERICAN:UAMY) shares fell 5.2% during trading on Monday . The stock traded as low as $8.23 and last traded at $8.2340. 1,610,460 shares were traded during trading, a decline of 89% from the average session volume of 14,406,878 shares. The stock had previously closed at $8.69.

Analysts Set New Price Targets

Several equities research analysts have recently commented on UAMY shares. B. Riley Financial increased 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. Alliance Global Partners restated a “buy” rating on shares of United States Antimony in a research note on Wednesday, February 11th. Finally, HC Wainwright reiterated a “buy” rating and set a $10.25 target price on shares of United States Antimony in a research note on Tuesday, February 3rd. Five analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $8.75.

United States Antimony Stock Performance

The business has a fifty day simple moving average of $8.82 and a 200-day simple moving average of $8.11. The firm has a market cap of $1.16 billion, a price-to-earnings ratio of -824.70 and a beta of -0.01.

Institutional Investors Weigh In On United States Antimony

Several institutional investors and hedge funds have recently made changes to their positions in UAMY. Segall Bryant & Hamill LLC bought a new stake in shares of United States Antimony during the 3rd quarter valued at about $15,384,000. State Street Corp lifted its stake 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 valued at $38,499,000 after buying an additional 1,794,234 shares during the period. Geode Capital Management LLC grew its position in shares of United States Antimony by 144.6% during the 2nd 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 during the period. Goldman Sachs Group Inc. increased its stake in shares of United States Antimony by 448.6% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,344,780 shares of the company’s stock valued at $6,751,000 after acquiring an additional 1,099,634 shares in the last quarter. Finally, UBS Group AG lifted its position in shares of United States Antimony by 416.0% during the 4th quarter. UBS Group AG now owns 1,283,636 shares of the company’s stock valued at $6,444,000 after acquiring an additional 1,034,880 shares during the period. Institutional investors and hedge funds own 9.49% of the company’s stock.

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.