United States Antimony (NYSEAMERICAN:UAMY) Trading 6.8% Higher – What’s Next?

Shares of United States Antimony Co. (NYSEAMERICAN:UAMY) rose 6.8% during mid-day trading on Thursday . The stock traded as high as $8.62 and last traded at $8.8610. Approximately 2,581,486 shares traded hands during mid-day trading, a decline of 82% from the average daily volume of 14,481,838 shares. The stock had previously closed at $8.30.

Analyst Ratings Changes

A number of research firms have commented on UAMY. B. Riley Financial lifted their target price on United States Antimony from $9.00 to $11.00 and gave the stock a “buy” rating in a report on Tuesday, February 24th. HC Wainwright reaffirmed a “buy” rating and set a $10.25 price objective on shares of United States Antimony in a research report on Tuesday, February 3rd. Finally, Alliance Global Partners reiterated a “buy” rating on shares of United States Antimony in a report on Wednesday, February 11th. Five analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $8.75.

United States Antimony Stock Up 5.7%

The firm’s fifty day moving average price is $8.90 and its two-hundred day moving average price is $8.04. The stock has a market capitalization of $1.23 billion, a PE ratio of -880.50 and a beta of -0.01.

Hedge Funds Weigh In On United States Antimony

Institutional investors and hedge funds have recently modified their holdings of the company. Victory Capital Management Inc. increased its position in shares of United States Antimony by 12.4% during the 3rd quarter. Victory Capital Management Inc. now owns 12,087 shares of the company’s stock valued at $75,000 after purchasing an additional 1,332 shares during the last quarter. Leo Wealth LLC boosted its holdings in shares of United States Antimony by 12.9% in the fourth quarter. Leo Wealth LLC now owns 16,939 shares of the company’s stock worth $85,000 after buying an additional 1,939 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of United States Antimony by 28.1% in the third quarter. Jones Financial Companies Lllp now owns 10,130 shares of the company’s stock worth $63,000 after buying an additional 2,223 shares during the last quarter. Sanctuary Advisors LLC grew its position in United States Antimony by 27.7% during the fourth quarter. Sanctuary Advisors LLC now owns 14,052 shares of the company’s stock valued at $71,000 after buying an additional 3,052 shares during the period. Finally, Nova Wealth Management Inc. grew its position in United States Antimony by 405.0% during the third quarter. Nova Wealth Management Inc. now owns 5,050 shares of the company’s stock valued at $31,000 after buying an additional 4,050 shares during the period. 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.