Granahan Investment Management LLC Has $1.91 Million Position in United States Antimony Co. $UAMY

Granahan Investment Management LLC cut its stake in shares of United States Antimony Co. (NYSE:UAMY) by 54.4% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 218,184 shares of the company’s stock after selling 260,807 shares during the quarter. Granahan Investment Management LLC’s holdings in United States Antimony were worth $1,905,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sei Investments Co. boosted its holdings in shares of United States Antimony by 237.4% in the 1st quarter. Sei Investments Co. now owns 37,008 shares of the company’s stock worth $323,000 after acquiring an additional 26,040 shares in the last quarter. Himension Capital Singapore PTE. LTD. lifted its position in United States Antimony by 44.2% during the 1st quarter. Himension Capital Singapore PTE. LTD. now owns 54,139 shares of the company’s stock worth $473,000 after buying an additional 16,587 shares in the last quarter. KBC Group NV bought a new stake in United States Antimony during the 1st quarter worth about $31,000. Kera Capital Partners Inc. raised its stake in shares of United States Antimony by 40.1% in the first quarter. Kera Capital Partners Inc. now owns 215,008 shares of the company’s stock worth $1,877,000 after acquiring an additional 61,493 shares during the last quarter. Finally, D.A. Davidson & CO. acquired a new position in shares of United States Antimony during the first quarter worth approximately $88,000. 9.49% of the stock is currently owned by institutional investors and hedge funds.

United States Antimony Stock Down 6.1%

UAMY opened at $5.17 on Friday. The stock has a market cap of $766.88 million, a P/E ratio of -39.81 and a beta of 0.35. United States Antimony Co. has a 12 month low of $2.80 and a 12 month high of $19.71. The company has a fifty day simple moving average of $7.33 and a 200 day simple moving average of $8.51.

Insider Activity at United States Antimony

In other United States Antimony news, Director Jon R. Marinelli purchased 12,500 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were bought at an average price of $7.45 per share, with a total value of $93,125.00. Following the completion of the transaction, the director directly owned 12,500 shares in the company, valued at $93,125. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 4.20% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of United States Antimony in a report on Wednesday, June 17th. HC Wainwright upped their price target on United States Antimony from $11.50 to $11.75 and gave the company a “buy” rating in a research note on Monday, May 18th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, United States Antimony presently has a consensus rating of “Moderate Buy” and a consensus 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.