United States Antimony (NYSEAMERICAN:UAMY) Shares Gap Down – Here’s What Happened

United States Antimony Co. (NYSEAMERICAN:UAMY) shares gapped down prior to trading on Thursday . The stock had previously closed at $9.87, but opened at $9.40. United States Antimony shares last traded at $9.1540, with a volume of 2,270,368 shares trading hands.

Analyst Ratings Changes

Several analysts have commented on UAMY shares. Alliance Global Partners restated a “buy” rating on shares of United States Antimony in a report on Wednesday, February 11th. HC Wainwright reaffirmed a “buy” rating and set a $10.25 price target on shares of United States Antimony in a research note on Tuesday, February 3rd. Finally, B. Riley Financial boosted their price objective on shares of United States Antimony from $9.00 to $11.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, United States Antimony has a consensus rating of “Buy” and a consensus price target of $8.75.

United States Antimony Price Performance

The stock has a market capitalization of $1.24 billion, a P/E ratio of -886.50 and a beta of -0.01. The company has a fifty day moving average of $8.91 and a two-hundred day moving average of $7.90.

Institutional Trading of United States Antimony

Institutional investors and hedge funds have recently made changes to their positions in the stock. Victory Capital Management Inc. increased its holdings in shares of United States Antimony by 12.4% in the 3rd quarter. Victory Capital Management Inc. now owns 12,087 shares of the company’s stock worth $75,000 after acquiring an additional 1,332 shares during the period. Leo Wealth LLC boosted its position in United States Antimony by 12.9% during the 4th quarter. Leo Wealth LLC now owns 16,939 shares of the company’s stock worth $85,000 after acquiring an additional 1,939 shares during the period. Jones Financial Companies Lllp grew its stake in shares of United States Antimony by 28.1% in the third quarter. Jones Financial Companies Lllp now owns 10,130 shares of the company’s stock worth $63,000 after purchasing an additional 2,223 shares in the last quarter. Sanctuary Advisors LLC raised its stake in shares of United States Antimony by 27.7% during the fourth quarter. Sanctuary Advisors LLC now owns 14,052 shares of the company’s stock valued at $71,000 after purchasing an additional 3,052 shares in the last quarter. Finally, Nova Wealth Management Inc. lifted its holdings in United States Antimony by 405.0% in the third quarter. Nova Wealth Management Inc. now owns 5,050 shares of the company’s stock worth $31,000 after purchasing an additional 4,050 shares during the period. 9.49% of the stock is currently owned by institutional investors and hedge funds.

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.