Next Century Growth Investors LLC Buys New Shares in United States Antimony Co. $UAMY

Next Century Growth Investors LLC bought a new stake in United States Antimony Co. (NYSE:UAMY) in the 4th quarter, Holdings Channel.com reports. The fund bought 480,430 shares of the company’s stock, valued at approximately $2,412,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. State Street Corp increased its stake in United States Antimony by 30.5% in the fourth quarter. State Street Corp now owns 7,669,026 shares of the company’s stock valued at $38,499,000 after purchasing an additional 1,794,234 shares during the last quarter. Vanguard Group Inc. increased its stake in United States Antimony by 22.5% in the third quarter. Vanguard Group Inc. now owns 5,597,951 shares of the company’s stock valued at $34,707,000 after purchasing an additional 1,026,412 shares during the last quarter. Geode Capital Management LLC increased its stake in United States Antimony by 22.3% in the fourth quarter. Geode Capital Management LLC now owns 2,655,922 shares of the company’s stock valued at $13,336,000 after purchasing an additional 484,172 shares during the last quarter. Segall Bryant & Hamill LLC acquired a new position in United States Antimony in the third quarter valued at $15,384,000. Finally, Goldman Sachs Group Inc. increased its stake in United States Antimony by 448.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,344,780 shares of the company’s stock valued at $6,751,000 after purchasing an additional 1,099,634 shares during the last quarter. 9.49% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. B. Riley Financial upped their target price on United States Antimony from $9.00 to $11.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. Weiss Ratings assumed coverage on United States Antimony in a research note on Friday, March 20th. They issued a “sell (d-)” rating for the company. Finally, HC Wainwright upped their target price on United States Antimony from $11.50 to $11.75 and gave the company a “buy” rating in a research note on Monday, May 18th. Five analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, United States Antimony currently has a consensus rating of “Moderate Buy” and a consensus target price of $9.25.

United States Antimony Price Performance

Shares of NYSE:UAMY opened at $7.06 on Monday. The firm has a market capitalization of $1.05 billion, a PE ratio of -54.32 and a beta of 0.31. The business has a 50-day moving average of $9.32 and a two-hundred day moving average of $8.31. United States Antimony Co. has a 12 month low of $1.94 and a 12 month high of $19.71.

United States Antimony (NYSE:UAMY) last announced its quarterly earnings results on Thursday, March 19th. The company reported ($0.01) EPS for the quarter, hitting the consensus estimate of ($0.01). The company had revenue of $13.03 million during the quarter, compared to analyst estimates of $11.75 million. United States Antimony had a negative return on equity of 7.20% and a negative net margin of 41.44%. As a group, research analysts anticipate that United States Antimony Co. will post 0.04 earnings per share for the current year.

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.