Texas Capital Upgrades United States Antimony (NYSE:UAMY) to Strong-Buy

United States Antimony (NYSE:UAMY) was upgraded by Texas Capital to a “strong-buy” rating in a research report issued to clients and investors on Wednesday, Zacks reports.

A number of other equities research analysts also recently weighed in on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of United States Antimony in a research note on Monday, September 14th. HC Wainwright reduced their price objective on shares of United States Antimony from $11.75 to $9.25 and set a “buy” rating for the company in a report on Wednesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $10.12.

United States Antimony Trading Down 3.5%

Shares of NYSE:UAMY opened at $3.73 on Wednesday. The firm has a market capitalization of $557.52 million, a PE ratio of -28.65 and a beta of 0.38. United States Antimony has a 1-year low of $3.65 and a 1-year high of $19.71. The business’s 50 day moving average is $5.04 and its 200-day moving average is $7.11.

Insider Buying and Selling at United States Antimony

In other United States Antimony news, EVP Lloyd EVP, Chief Mining Officer, & Director acquired 20,000 shares of United States Antimony stock in a transaction on Tuesday, September 1st. The shares were bought at an average price of $4.63 per share, with a total value of $92,600.00. Following the completion of the purchase, the executive vice president owned 932,881 shares in the company, valued at $4,319,239.03. This trade represents a 2.19% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Joseph A. Carrabba bought 21,300 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The shares were acquired at an average price of $4.72 per share, for a total transaction of $100,536.00. Following the acquisition, the director directly owned 198,401 shares of the company’s stock, valued at approximately $936,452.72. The trade was a 12.03% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have bought a total of 62,700 shares of company stock worth $298,592 over the last ninety days. Corporate insiders own 5.50% of the company’s stock.

Institutional Investors Weigh In On United States Antimony

A number of hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. bought a new position in shares of United States Antimony in the second quarter worth about $82,365,000. Bank of America Corp DE bought a new stake in shares of United States Antimony during the second quarter valued at approximately $4,208,000. Next Century Growth Investors LLC bought a new stake in shares of United States Antimony during the fourth quarter valued at approximately $2,412,000. Bank of New York Mellon Corp acquired a new stake in shares of United States Antimony in the second quarter valued at approximately $2,871,000. Finally, Orchard Capital Management LLC bought a new position in United States Antimony in the 2nd quarter worth approximately $2,230,000. Institutional investors own 9.49% of the company’s stock.

United States Antimony Company Profile

United States Antimony Corporation, through its subsidiaries, produces and sells antimony, precious metals and related specialty materials. Its products include antimony oxide, antimony metal, sodium antimonate and other antimony compounds used in applications such as flame retardants, ceramics, glass, pigments, batteries and other industrial products.

The company also processes and refines antimony-bearing materials and recovers precious metals from selected raw materials and recyclable sources.