United States Antimony (NYSEAMERICAN:UAMY) Trading Down 8.3% – Here’s Why

United States Antimony Co. (NYSEAMERICAN:UAMY)’s share price was down 8.3% during trading on Monday . The company traded as low as $8.01 and last traded at $8.0280. Approximately 5,109,935 shares traded hands during trading, a decline of 65% from the average daily volume of 14,791,234 shares. The stock had previously closed at $8.75.

Analyst Ratings Changes

Several research analysts have issued reports on UAMY shares. HC Wainwright reissued a “buy” rating and issued a $10.25 target price on shares of United States Antimony in a research report on Tuesday, February 3rd. Alliance Global Partners reaffirmed a “buy” rating on shares of United States Antimony in a research report on Wednesday, February 11th. Finally, B. Riley Financial increased their price objective on shares of United States Antimony from $9.00 to $11.00 and gave the stock 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, the company presently has an average rating of “Buy” and an average target price of $8.75.

United States Antimony Stock Performance

The stock has a market cap of $1.09 billion, a P/E ratio of -781.50 and a beta of -0.01. The business’s 50-day moving average price is $8.93 and its 200-day moving average price is $7.99.

Institutional Trading of United States Antimony

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

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.