Penbrook Management LLC Invests $44,000 in United States Antimony Co. $UAMY

Penbrook Management LLC bought a new position in shares of United States Antimony Co. (NYSE:UAMY) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 20,350 shares of the company’s stock, valued at approximately $44,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Modus Advisors LLC acquired a new stake in shares of United States Antimony during the second quarter worth $53,000. American Century Companies Inc. acquired a new stake in shares of United States Antimony during the first quarter worth $66,000. Ridgewood Investments LLC acquired a new stake in shares of United States Antimony during the second quarter worth $76,000. Kieckhefer Group LLC acquired a new stake in shares of United States Antimony during the second quarter worth $78,000. Finally, Jefferies Financial Group Inc. raised its position in shares of United States Antimony by 23.7% during the first quarter. Jefferies Financial Group Inc. now owns 36,256 shares of the company’s stock worth $80,000 after purchasing an additional 6,956 shares during the period. 9.49% of the stock is owned by institutional investors and hedge funds.

United States Antimony Stock Performance

Shares of UAMY stock opened at $16.71 on Tuesday. United States Antimony Co. has a 1-year low of $0.49 and a 1-year high of $17.27. The company has a current ratio of 6.24, a quick ratio of 5.84 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $2.19 billion, a price-to-earnings ratio of -417.75 and a beta of -0.10. The stock’s fifty day simple moving average is $5.76 and its 200-day simple moving average is $3.87.

Insider Buying and Selling

In other news, CEO Gary C. Evans bought 100,000 shares of the stock in a transaction on Friday, September 26th. The shares were purchased at an average price of $6.13 per share, for a total transaction of $613,000.00. Following the completion of the purchase, the chief executive officer directly owned 2,378,818 shares of the company’s stock, valued at $14,582,154.34. This trade represents a 4.39% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 4.20% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on UAMY. HC Wainwright boosted their target price on United States Antimony from $4.50 to $8.50 and gave the stock a “buy” rating in a research report on Friday, September 26th. D. Boral Capital reiterated a “buy” rating and set a $5.00 price target on shares of United States Antimony in a report on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $4.38.

About United States Antimony

United States Antimony Corporation produces and sells antimony, silver, gold, precious metals, and zeolite products in the United States, and Canada. It operates through Antimony, Zeolite, and Precious Metals segments. The company offers antimony oxide that is primarily used in conjunction with a halogen to form a synergistic flame retardant system for plastics, rubber, fiberglass, textile goods, paints, coatings, and paper, as well as color fastener in paints and as a phosphorescent agent in fluorescent light bulbs; antimony trisulfide used as a primer in ammunition; and antimony metal for use in bearings, storage batteries, and ordnance.