United States Antimony Co. (NYSE:UAMY) Receives $9.25 Average Price Target from Brokerages

United States Antimony Co. (NYSE:UAMY) has been assigned an average rating of “Moderate Buy” from the six ratings firms that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation and five have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $9.25.

A number of equities research analysts have recently commented on the stock. B. Riley Financial increased their price target on shares of United States Antimony from $9.00 to $11.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. HC Wainwright increased their price target on shares of United States Antimony from $11.50 to $11.75 and gave the company a “buy” rating in a report on Monday, May 18th. Alliance Global Partners reiterated a “buy” rating on shares of United States Antimony in a report on Wednesday, February 11th. Finally, Weiss Ratings assumed coverage on shares of United States Antimony in a report on Friday, March 20th. They set a “sell (d-)” rating on the stock.

Institutional Investors Weigh In On United States Antimony

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. CoreCap Advisors LLC purchased a new stake in United States Antimony in the fourth quarter worth approximately $27,000. KBC Group NV purchased a new stake in United States Antimony in the first quarter worth approximately $31,000. Raymond James Financial Inc. purchased a new stake in United States Antimony in the second quarter worth approximately $33,000. Meeder Asset Management Inc. purchased a new stake in United States Antimony in the fourth quarter worth approximately $35,000. Finally, Harbour Investments Inc. boosted its holdings in United States Antimony by 106.2% in the fourth quarter. Harbour Investments Inc. now owns 7,962 shares of the company’s stock worth $40,000 after purchasing an additional 4,101 shares during the last quarter. Hedge funds and other institutional investors own 9.49% of the company’s stock.

United States Antimony Stock Up 9.9%

NYSE:UAMY opened at $10.18 on Friday. The company’s 50 day moving average price is $9.46 and its 200-day moving average price is $8.23. United States Antimony has a 52 week low of $1.94 and a 52 week high of $19.71. The stock has a market cap of $1.51 billion, a price-to-earnings ratio of -78.27 and a beta of 0.31.

United States Antimony (NYSE:UAMY) last posted its quarterly earnings results on Thursday, March 19th. The company reported ($0.01) EPS for the quarter, meeting analysts’ consensus estimates of ($0.01). United States Antimony had a negative net margin of 41.44% and a negative return on equity of 7.20%. The firm had revenue of $13.03 million for the quarter, compared to analysts’ expectations of $11.75 million. As a group, sell-side analysts anticipate that United States Antimony will post 0.04 earnings per share for the current year.

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.