United States Antimony (NYSEAMERICAN:UAMY) Stock Price Down 8.2% – Here’s What Happened

United States Antimony Co. (NYSEAMERICAN:UAMY) fell 8.2% on Monday . The stock traded as low as $8.78 and last traded at $8.79. 3,489,700 shares changed hands during mid-day trading, a decline of 76% from the average session volume of 14,721,528 shares. The stock had previously closed at $9.57.

Analysts Set New Price Targets

UAMY has been the topic of several recent research reports. Alliance Global Partners restated a “buy” rating on shares of United States Antimony in a report on Wednesday, February 11th. B. Riley Financial lifted their price target on shares of United States Antimony from $9.00 to $11.00 and gave the company a “buy” rating in a research report on Tuesday, February 24th. Finally, HC Wainwright restated a “buy” rating and set a $10.25 price target on shares of United States Antimony in a research report on Tuesday, February 3rd. Five investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $8.75.

United States Antimony Stock Performance

The company has a market cap of $1.29 billion, a PE ratio of -923.00 and a beta of -0.01. The company’s 50-day simple moving average is $8.16 and its 200 day simple moving average is $7.46.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of UAMY. CoreCap Advisors LLC purchased a new stake in United States Antimony during the 4th quarter worth about $27,000. Nova Wealth Management Inc. increased its stake 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 buying an additional 4,050 shares during the period. Raymond James Financial Inc. acquired a new stake in United States Antimony in the second quarter valued at approximately $33,000. Meeder Asset Management Inc. acquired a new position in United States Antimony during the 4th quarter worth approximately $35,000. Finally, Harbour Investments Inc. grew its holdings in United States Antimony by 106.2% during the 4th quarter. Harbour Investments Inc. now owns 7,962 shares of the company’s stock worth $40,000 after acquiring an additional 4,101 shares in the last quarter. 9.49% of the stock is currently owned by hedge funds and other 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.