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

United States Antimony Co. (NYSEAMERICAN:UAMY)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $8.23, but opened at $9.00. United States Antimony shares last traded at $8.4020, with a volume of 4,127,113 shares traded.

Analyst Upgrades and Downgrades

Several research firms have weighed in on UAMY. HC Wainwright restated a “buy” rating and set a $10.25 target price on shares of United States Antimony in a report on Tuesday, February 3rd. William Blair started coverage on shares of United States Antimony in a research note on Monday, October 20th. They issued an “outperform” rating for the company. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $6.08.

United States Antimony Stock Performance

The stock has a 50-day simple moving average of $7.11 and a 200 day simple moving average of $6.82. The stock has a market capitalization of $1.17 billion, a P/E ratio of -839.00 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. The firm had revenue of $8.70 million for the quarter. United States Antimony had a negative net margin of 15.49% and a negative return on equity of 11.58%. Equities analysts predict that United States Antimony Co. will post -0.01 earnings per share for the current year.

Hedge Funds Weigh In On United States Antimony

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Victory Capital Management Inc. raised its position 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 valued at $75,000 after acquiring an additional 1,332 shares during the period. Leo Wealth LLC boosted its position in shares of United States Antimony by 12.9% during the fourth quarter. Leo Wealth LLC now owns 16,939 shares of the company’s stock worth $85,000 after purchasing an additional 1,939 shares in the last quarter. Jones Financial Companies Lllp increased its position in shares of 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 buying an additional 2,223 shares in the last quarter. Sanctuary Advisors LLC lifted its holdings in United States Antimony by 27.7% during the fourth quarter. Sanctuary Advisors LLC now owns 14,052 shares of the company’s stock worth $71,000 after acquiring an additional 3,052 shares in the last quarter. Finally, Nova Wealth Management Inc. raised its position in shares of 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 purchasing an additional 4,050 shares during the period. 9.49% of the stock is owned by institutional investors.

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.