United States Antimony Co. (NYSE:UAMY) Given Average Rating of “Moderate Buy” by Brokerages

Shares of United States Antimony Co. (NYSE:UAMY) have been given a consensus recommendation of “Moderate Buy” by the six brokerages that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation and five have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $9.25.

Several brokerages recently issued reports on UAMY. HC Wainwright lifted their price target on shares of United States Antimony from $11.50 to $11.75 and gave the company a “buy” rating in a report on Monday, May 18th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of United States Antimony in a research note on Wednesday, June 17th.

United States Antimony Stock Performance

UAMY opened at $5.42 on Friday. The firm’s 50-day simple moving average is $7.76 and its 200-day simple moving average is $8.50. United States Antimony has a twelve month low of $2.80 and a twelve month high of $19.71. The firm has a market cap of $803.91 million, a price-to-earnings ratio of -41.73 and a beta of 0.35.

Insider Activity at United States Antimony

In other United States Antimony news, Director Jon R. Marinelli bought 12,500 shares of United States Antimony stock in a transaction dated Monday, June 15th. The shares were acquired at an average cost of $7.45 per share, with a total value of $93,125.00. Following the acquisition, the director directly owned 12,500 shares of the company’s stock, valued at $93,125. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 4.20% of the stock is owned by insiders.

Institutional Investors Weigh In On United States Antimony

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. KBC Group NV acquired a new stake in shares of United States Antimony in the first quarter valued at $31,000. CoreCap Advisors LLC bought a new position in United States Antimony in the fourth quarter valued at about $27,000. Meeder Asset Management Inc. bought a new position in United States Antimony in the fourth quarter valued at about $35,000. Harbour Investments Inc. increased its position in United States Antimony by 106.2% in the fourth quarter. Harbour Investments Inc. now owns 7,962 shares of the company’s stock worth $40,000 after purchasing an additional 4,101 shares during the period. Finally, Geneos Wealth Management Inc. increased its position in United States Antimony by 17.9% in the first quarter. Geneos Wealth Management Inc. now owns 9,892 shares of the company’s stock worth $86,000 after purchasing an additional 1,500 shares during the period. 9.49% of the stock is 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.