United States Antimony (NYSEAMERICAN:UAMY) Trading 9.3% Higher – Here’s What Happened

United States Antimony Co. (NYSEAMERICAN:UAMY)’s share price traded up 9.3% on Tuesday . The company traded as high as $5.83 and last traded at $6.1080. 887,573 shares were traded during mid-day trading, a decline of 87% from the average session volume of 7,093,108 shares. The stock had previously closed at $5.59.

Analyst Ratings Changes

UAMY has been the subject of several recent analyst reports. William Blair began coverage on shares of United States Antimony in a report on Monday, October 20th. They set an “outperform” rating for the company. HC Wainwright boosted their price target on shares of United States Antimony from $8.50 to $10.25 and gave the stock a “buy” rating in a research note on Thursday, November 13th. One research analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $6.08.

United States Antimony Price Performance

The stock’s 50-day moving average price is $7.70 and its 200-day moving average price is $5.60. The company has a market cap of $864.61 million, a P/E ratio of -615.30 and a beta of 0.01.

United States Antimony (NYSEAMERICAN:UAMY) last issued its quarterly earnings results on Wednesday, November 12th. The company reported ($0.04) earnings per share for the quarter. The firm had revenue of $8.70 million for the quarter. United States Antimony had a negative return on equity of 11.58% and a negative net margin of 15.49%. As a group, analysts expect that United States Antimony Co. will post -0.01 EPS for the current fiscal year.

Insider Activity

In other United States Antimony news, CEO Gary C. Evans bought 100,000 shares of the firm’s stock in a transaction that occurred on Friday, September 26th. The stock was acquired at an average price of $6.13 per share, with a total value 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 approximately $14,582,154.34. This trade represents a 4.39% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 4.20% of the company’s stock.

Institutional Trading of United States Antimony

Several institutional investors have recently made changes to their positions in UAMY. Penn Capital Management Company LLC purchased a new stake in shares of United States Antimony during the 3rd quarter valued at $329,000. Wexford Capital LP purchased a new stake in shares of United States Antimony in the third quarter worth about $1,979,000. Numerai GP LLC purchased a new position in shares of United States Antimony during the 3rd quarter valued at $131,000. Millennium Management LLC raised its holdings in shares of United States Antimony by 198.7% in the 3rd quarter. Millennium Management LLC now owns 242,885 shares of the company’s stock valued at $1,506,000 after acquiring an additional 161,569 shares in the last quarter. Finally, Lighthouse Investment Partners LLC bought a new stake in shares of United States Antimony during the 3rd quarter worth $1,860,000. Institutional investors own 9.49% of the company’s stock.

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.