United States Antimony (NYSEAMERICAN:UAMY) Trading Up 7.1% – Time to Buy?

United States Antimony Co. (NYSEAMERICAN:UAMY)’s share price was up 7.1% during mid-day trading on Friday . The stock traded as high as $9.44 and last traded at $9.3930. Approximately 1,404,676 shares changed hands during mid-day trading, a decline of 90% from the average daily volume of 14,033,066 shares. The stock had previously closed at $8.77.

Analysts Set New Price Targets

Several equities research analysts have issued reports on UAMY shares. B. Riley Financial boosted their price target on shares of United States Antimony from $9.00 to $11.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. HC Wainwright reissued a “buy” rating and issued a $10.25 price target on shares of United States Antimony in a report on Tuesday, February 3rd. Finally, Alliance Global Partners reissued 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, According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $8.75.

United States Antimony Stock Performance

The company’s 50 day moving average price is $8.76 and its 200 day moving average price is $8.14. The company has a market cap of $1.20 billion, a price-to-earnings ratio of -859.50 and a beta of -0.01.

Institutional Investors Weigh In On United States Antimony

Several institutional investors and hedge funds have recently made changes to their positions in UAMY. Segall Bryant & Hamill LLC acquired a new stake in shares of United States Antimony in the 3rd quarter valued at $15,384,000. State Street Corp boosted its stake in shares of United States Antimony by 30.5% in the 4th quarter. State Street Corp now owns 7,669,026 shares of the company’s stock valued at $38,499,000 after purchasing an additional 1,794,234 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of United States Antimony by 144.6% in the 2nd quarter. Geode Capital Management LLC now owns 1,955,494 shares of the company’s stock valued at $4,264,000 after purchasing an additional 1,156,021 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in United States Antimony by 448.6% during 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. Finally, UBS Group AG lifted its position in United States Antimony by 416.0% during the 4th quarter. UBS Group AG now owns 1,283,636 shares of the company’s stock worth $6,444,000 after buying an additional 1,034,880 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.