United States Antimony (NYSEAMERICAN:UAMY) Shares Up 7.6% – What’s Next?

United States Antimony Co. (NYSEAMERICAN:UAMY) traded up 7.6% during mid-day trading on Tuesday . The company traded as high as $8.66 and last traded at $8.4610. 1,895,756 shares changed hands during trading, a decline of 89% from the average session volume of 17,567,297 shares. The stock had previously closed at $7.86.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on UAMY shares. HC Wainwright reissued a “buy” rating and set a $10.25 price target on shares of United States Antimony in a report on Tuesday. William Blair initiated coverage on shares of United States Antimony in a research note on Monday, October 20th. They set an “outperform” rating on the stock. One analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $6.08.

United States Antimony Price Performance

The stock’s 50-day simple moving average is $6.85 and its two-hundred day simple moving average is $6.65. The firm has a market capitalization of $1.22 billion, a P/E ratio of -878.50 and a beta of 0.10.

United States Antimony (NYSEAMERICAN:UAMY) last issued its quarterly earnings results on Wednesday, November 12th. The company reported ($0.04) earnings per share (EPS) for the quarter. United States Antimony had a negative return on equity of 11.58% and a negative net margin of 15.49%.The business had revenue of $8.70 million during the quarter. On average, analysts forecast that United States Antimony Co. will post -0.01 earnings per share for the current fiscal year.

Institutional Trading of United States Antimony

A number of large investors have recently made changes to their positions in UAMY. Nova Wealth Management Inc. increased its stake 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 worth $31,000 after acquiring an additional 4,050 shares during the last quarter. CoreCap Advisors LLC purchased a new stake in United States Antimony during the 4th quarter valued at $27,000. Geneos Wealth Management Inc. purchased a new stake in United States Antimony during the 3rd quarter valued at $49,000. Focus Partners Wealth bought a new stake in United States Antimony in the third quarter worth $62,000. Finally, Jones Financial Companies Lllp increased its position in United States Antimony by 28.1% during the third 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 last quarter. 9.49% of the stock is currently owned by institutional investors.

About United States Antimony

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.