Analysts Set United States Antimony Co. (NYSE:UAMY) PT at $9.25

Shares of United States Antimony Co. (NYSE:UAMY) have received an average rating of “Moderate Buy” from the five ratings firms that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $10.1250.

A number of analysts have recently issued reports on the company. HC Wainwright dropped their price target on United States Antimony from $11.75 to $9.25 and set a “buy” rating for the company in a research report on Wednesday, August 12th. Weiss Ratings restated a “sell (d-)” rating on shares of United States Antimony in a research report on Wednesday, June 17th.

United States Antimony Stock Performance

Shares of UAMY stock opened at $5.20 on Wednesday. The company has a market capitalization of $777.54 million, a PE ratio of -39.96 and a beta of 0.39. United States Antimony has a 52-week low of $3.93 and a 52-week high of $19.71. The business’s fifty day moving average is $6.37 and its 200 day moving average is $8.16.

Insider Buying and Selling

In related news, Director Jon R. Marinelli purchased 12,500 shares of the business’s stock in a transaction on Monday, June 15th. The stock was acquired at an average price of $7.45 per share, with a total value of $93,125.00. Following the purchase, the director directly owned 12,500 shares in the company, valued at approximately $93,125. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 5.50% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new stake in United States Antimony during the second quarter valued at about $82,365,000. State Street Corp boosted its holdings in shares of United States Antimony by 30.5% in the 4th quarter. State Street Corp now owns 7,669,026 shares of the company’s stock worth $38,499,000 after purchasing an additional 1,794,234 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of United States Antimony by 144.6% in the 2nd quarter. Geode Capital Management LLC now owns 1,955,494 shares of the company’s stock worth $4,264,000 after purchasing an additional 1,156,021 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of United States Antimony by 448.6% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,344,780 shares of the company’s stock valued at $6,751,000 after purchasing an additional 1,099,634 shares during the last quarter. Finally, UBS Group AG increased 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 purchasing an additional 1,034,880 shares during the last quarter. 9.49% of the stock is currently owned by hedge funds and other institutional investors.

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.