Kornitzer Capital Management Inc. KS Purchases Shares of 115,000 United States Antimony Co. $UAMY

Kornitzer Capital Management Inc. KS bought a new position in shares of United States Antimony Co. (NYSEAMERICAN:UAMY) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 115,000 shares of the company’s stock, valued at approximately $713,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Nova Wealth Management Inc. boosted its holdings in shares of United States Antimony by 405.0% during the 3rd quarter. Nova Wealth Management Inc. now owns 5,050 shares of the company’s stock worth $31,000 after buying an additional 4,050 shares in the last quarter. Geneos Wealth Management Inc. acquired a new position in shares of United States Antimony during the 3rd quarter valued at $49,000. Raymond James Financial Inc. bought a new position in United States Antimony during the second quarter worth $33,000. E&G Advisors LP acquired a new stake in United States Antimony in the third quarter worth $106,000. Finally, Calamos Advisors LLC increased its stake in 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 in the last quarter. 9.49% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently weighed in on UAMY shares. William Blair started coverage on shares of United States Antimony in a report on Monday, October 20th. They set an “outperform” rating on the stock. HC Wainwright upped their price target on United States Antimony from $8.50 to $10.25 and gave the stock a “buy” rating in a research note on Thursday, November 13th. One analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $6.08.

United States Antimony Price Performance

Shares of NYSEAMERICAN UAMY opened at $9.70 on Thursday. The company has a 50-day moving average price of $6.73 and a 200-day moving average price of $6.53. The stock has a market capitalization of $1.36 billion, a P/E ratio of -970.00 and a beta of -0.01. United States Antimony Co. has a 1 year low of $1.21 and a 1 year high of $19.71.

United States Antimony (NYSEAMERICAN:UAMY) last announced its quarterly earnings results on Wednesday, November 12th. The company reported ($0.04) earnings per share for the quarter. The business had revenue of $8.70 million during the quarter. United States Antimony had a negative net margin of 15.49% and a negative return on equity of 11.58%. As a group, equities research analysts anticipate that United States Antimony Co. will post -0.01 earnings per share for the current fiscal 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.