United States Antimony (NYSE:UAMY) Stock Price Up 7.7% After Insider Buying Activity

Shares of United States Antimony Co. (NYSE:UAMY) rose 7.7% on Wednesday following insider buying activity. The stock traded as high as $4.97 and last traded at $5.0410. Approximately 1,101,093 shares were traded during trading, a decline of 90% from the average session volume of 11,192,019 shares. The stock had previously closed at $4.68.

Specifically, Director Joseph A. Carrabba acquired 21,300 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The stock was acquired at an average price of $4.72 per share, with a total value of $100,536.00. Following the acquisition, the director directly owned 198,401 shares in the company, valued at $936,452.72. This represents a 12.03% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Gary C. Evans bought 20,000 shares of the company’s stock in a transaction dated Friday, August 28th. The stock was bought at an average price of $4.92 per share, for a total transaction of $98,400.00. Following the transaction, the chief executive officer owned 2,590,028 shares of the company’s stock, valued at approximately $12,742,937.76. This trade represents a 0.78% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure.

Analyst Ratings Changes

Several analysts have issued reports on the company. HC Wainwright dropped their target price on United States Antimony from $11.75 to $9.25 and set a “buy” rating for the company in a report on Wednesday, August 12th. Weiss Ratings reiterated a “sell (d-)” rating on shares of United States Antimony in a report on Wednesday, June 17th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, United States Antimony currently has an average rating of “Moderate Buy” and a consensus target price of $10.12.

United States Antimony Price Performance

The stock has a 50-day moving average price of $5.92 and a 200 day moving average price of $7.94. The firm has a market cap of $752.09 million, a price-to-earnings ratio of -38.65 and a beta of 0.39.

Institutional Trading of United States Antimony

Large investors have recently bought and sold shares of the business. BlackRock Inc. purchased a new position in shares of United States Antimony during the second quarter worth about $82,365,000. State Street Corp raised its position in United States Antimony by 30.5% in the fourth quarter. State Street Corp now owns 7,669,026 shares of the company’s stock worth $38,499,000 after acquiring an additional 1,794,234 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of United States Antimony by 22.5% in the third quarter. Vanguard Group Inc. now owns 5,597,951 shares of the company’s stock valued at $34,707,000 after purchasing an additional 1,026,412 shares during the period. Geode Capital Management LLC increased its stake in United States Antimony by 22.3% in the 4th quarter. Geode Capital Management LLC now owns 2,655,922 shares of the company’s stock valued at $13,336,000 after purchasing an additional 484,172 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in shares of United States Antimony by 448.6% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,344,780 shares of the company’s stock worth $6,751,000 after buying an additional 1,099,634 shares in the last quarter. Institutional investors and hedge funds own 9.49% of the company’s stock.

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.