United States Antimony (NYSE:UAMY) Director Purchases $93,125.00 in Stock

United States Antimony Co. (NYSE:UAMY) Director Jon Marinelli bought 12,500 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were acquired at an average cost of $7.45 per share, with a total value of $93,125.00. Following the purchase, the director directly owned 12,500 shares of the company’s stock, valued at $93,125. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link.

United States Antimony Trading Up 7.8%

NYSE UAMY traded up $0.56 during trading hours on Wednesday, hitting $7.65. 6,085,577 shares of the company’s stock were exchanged, compared to its average volume of 13,250,411. The stock has a 50-day simple moving average of $9.27 and a 200 day simple moving average of $8.33. United States Antimony Co. has a 1-year low of $1.94 and a 1-year high of $19.71. The firm has a market cap of $1.13 billion, a price-to-earnings ratio of -59.21 and a beta of 0.31.

United States Antimony (NYSE:UAMY) last released its earnings results on Thursday, March 19th. The company reported ($0.01) EPS for the quarter, hitting the consensus estimate of ($0.01). United States Antimony had a negative return on equity of 7.20% and a negative net margin of 41.44%.The business had revenue of $13.03 million during the quarter, compared to analysts’ expectations of $11.75 million. On average, sell-side analysts anticipate that United States Antimony Co. will post 0.04 earnings per share for the current fiscal year.

Institutional Trading of United States Antimony

A number of large investors have recently bought and sold shares of the company. State Street Corp increased 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 buying an additional 1,794,234 shares during the last quarter. Vanguard Group Inc. increased its position in United States Antimony by 22.5% in the third quarter. Vanguard Group Inc. now owns 5,597,951 shares of the company’s stock worth $34,707,000 after buying an additional 1,026,412 shares during the last quarter. Geode Capital Management LLC increased its position in United States Antimony by 22.3% in the fourth quarter. Geode Capital Management LLC now owns 2,655,922 shares of the company’s stock worth $13,336,000 after buying an additional 484,172 shares during the last quarter. Segall Bryant & Hamill LLC purchased a new stake in United States Antimony in the third quarter worth $15,384,000. Finally, Goldman Sachs Group Inc. increased its position in United States Antimony by 448.6% in the fourth 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 during the last quarter. 9.49% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. HC Wainwright raised their target price on United States Antimony from $11.50 to $11.75 and gave the stock a “buy” rating in a research note on Monday, May 18th. Weiss Ratings initiated coverage on United States Antimony in a report on Friday, March 20th. They issued a “sell (d-)” rating on the stock. Finally, B. Riley Financial increased their price target on United States Antimony from $9.00 to $11.00 and gave the stock a “buy” rating in a report on Tuesday, February 24th. Five investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $9.25.

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.