United States Antimony (NYSE:UAMY) Shares Gap Up – Still a Buy?

United States Antimony Co. (NYSE:UAMY) shares gapped up prior to trading on Wednesday . The stock had previously closed at $5.20, but opened at $5.58. United States Antimony shares last traded at $5.5790, with a volume of 2,055,352 shares changing hands.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on UAMY. Weiss Ratings restated a “sell (d-)” rating on shares of United States Antimony in a research report on Wednesday, June 17th. HC Wainwright decreased their price target on shares of United States Antimony from $11.75 to $9.25 and set a “buy” rating on the stock in a report on Wednesday, August 12th. Four research 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 an average rating of “Moderate Buy” and an average target price of $10.12.

United States Antimony Stock Up 8.4%

The stock has a 50 day moving average price of $6.37 and a 200 day moving average price of $8.16. The stock has a market capitalization of $843.39 million, a price-to-earnings ratio of -43.27 and a beta of 0.39.

Insider Transactions at United States Antimony

In other United States Antimony news, Director Jon R. Marinelli purchased 12,500 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was purchased at an average price of $7.45 per share, with a total value of $93,125.00. Following the completion of the purchase, the director owned 12,500 shares of the company’s stock, valued at approximately $93,125. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. 5.50% of the stock is currently owned by company insiders.

Institutional Trading of United States Antimony

Several institutional investors have recently added to or reduced their stakes in the stock. KBC Group NV acquired a new position in shares of United States Antimony in the 1st quarter worth approximately $31,000. Meeder Asset Management Inc. acquired a new position in United States Antimony in the fourth quarter valued at $35,000. Harbour Investments Inc. lifted 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 valued at $40,000 after buying an additional 4,101 shares during the period. Geneos Wealth Management Inc. boosted its position in United States Antimony by 17.9% during the first quarter. Geneos Wealth Management Inc. now owns 9,892 shares of the company’s stock valued at $86,000 after acquiring an additional 1,500 shares during the last quarter. Finally, Focus Partners Wealth bought a new stake in United States Antimony during the third quarter valued at $62,000. 9.49% of the stock is currently owned by 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.