United States Antimony (NYSEAMERICAN:UAMY) Trading 10.4% Higher – What’s Next?

United States Antimony Co. (NYSEAMERICAN:UAMY) traded up 10.4% on Thursday . The stock traded as high as $6.98 and last traded at $7.0240. 14,070,663 shares changed hands during trading, an increase of 108% from the average session volume of 6,774,751 shares. The stock had previously closed at $6.36.

Analyst Upgrades and Downgrades

UAMY has been the subject of several recent research reports. William Blair began coverage on United States Antimony in a report on Monday, October 20th. They issued an “outperform” rating for the company. HC Wainwright raised their price target on United States Antimony from $4.50 to $8.50 and gave the company a “buy” rating in a report on Friday, September 26th. Finally, D. Boral Capital reissued a “buy” rating and issued a $5.00 price target on shares of United States Antimony in a report on Thursday, August 14th. One analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $4.38.

United States Antimony Trading Up 11.0%

The company has a market cap of $980.48 million, a PE ratio of -176.50 and a beta of -0.10. The stock’s 50 day moving average is $7.98 and its 200-day moving average is $4.84. The company has a quick ratio of 5.84, a current ratio of 6.24 and a debt-to-equity ratio of 0.01.

Insider Activity at United States Antimony

In other United States Antimony news, CEO Gary C. Evans acquired 100,000 shares of the stock in a transaction that occurred on Friday, September 26th. The stock was bought at an average cost 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 in the company, valued at $14,582,154.34. The trade was a 4.39% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 4.20% of the company’s stock.

Institutional Trading of United States Antimony

Several hedge funds have recently modified their holdings of UAMY. GK Wealth Management LLC acquired a new stake in United States Antimony in the 3rd quarter valued at $84,000. Johnson Investment Counsel Inc. acquired a new stake in United States Antimony in the 3rd quarter valued at $169,000. Modus Advisors LLC grew its stake in United States Antimony by 174.2% in the 3rd quarter. Modus Advisors LLC now owns 67,175 shares of the company’s stock valued at $416,000 after acquiring an additional 42,675 shares during the period. Jones Financial Companies Lllp grew its stake in United States Antimony by 28.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 10,130 shares of the company’s stock valued at $63,000 after acquiring an additional 2,223 shares during the period. Finally, Lisanti Capital Growth LLC acquired a new stake in United States Antimony in the 3rd quarter valued at $811,000. 9.49% of the stock is owned by hedge funds and other institutional investors.

About United States Antimony

United States Antimony Corporation produces and sells antimony, silver, gold, precious metals, and zeolite products in the United States, and Canada. It operates through Antimony, Zeolite, and Precious Metals segments. The company offers antimony oxide that is primarily used in conjunction with a halogen to form a synergistic flame retardant system for plastics, rubber, fiberglass, textile goods, paints, coatings, and paper, as well as color fastener in paints and as a phosphorescent agent in fluorescent light bulbs; antimony trisulfide used as a primer in ammunition; and antimony metal for use in bearings, storage batteries, and ordnance.