UBS Group AG Acquires 1,034,880 Shares of United States Antimony Co. $UAMY

UBS Group AG increased its holdings in shares of United States Antimony Co. (NYSE:UAMY) by 416.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,283,636 shares of the company’s stock after acquiring an additional 1,034,880 shares during the quarter. UBS Group AG owned approximately 0.92% of United States Antimony worth $6,444,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of UAMY. CoreCap Advisors LLC bought a new stake in United States Antimony during the fourth quarter worth $27,000. Raymond James Financial Inc. bought a new stake in United States Antimony during the second quarter worth $33,000. Legal & General Group Plc bought a new stake in United States Antimony during the second quarter worth $51,000. Lincoln Capital LLC bought a new stake in United States Antimony during the fourth quarter worth $58,000. Finally, Focus Partners Wealth bought a new stake in United States Antimony during the third quarter worth $62,000. 9.49% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have weighed in 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 reissued a “buy” rating on shares of United States Antimony in a report on Wednesday, February 11th. Weiss Ratings started coverage on United States Antimony in a report on Friday, March 20th. They set a “sell (d-)” rating for the company. Finally, HC Wainwright increased their price objective on United States Antimony from $11.50 to $11.75 and gave the company a “buy” rating in a report on Monday. Five investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $9.25.

United States Antimony Trading Down 7.5%

Shares of NYSE UAMY opened at $7.43 on Wednesday. The stock has a fifty day simple moving average of $9.68 and a two-hundred day simple moving average of $8.15. United States Antimony Co. has a 1-year low of $1.94 and a 1-year high of $19.71. The firm has a market cap of $1.10 billion, a price-to-earnings ratio of -57.18 and a beta of 0.43.

United States Antimony (NYSE:UAMY) last announced its quarterly earnings data on Thursday, March 19th. The company reported ($0.01) earnings per share for the quarter, meeting the consensus estimate of ($0.01). The business had revenue of $13.03 million during the quarter, compared to analyst estimates of $11.75 million. United States Antimony had a negative return on equity of 7.20% and a negative net margin of 41.44%. Analysts forecast that United States Antimony Co. will post 0.04 EPS for the current year.

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.