Jon Marinelli Purchases 12,500 Shares of United States Antimony (NYSE:UAMY) Stock

United States Antimony Co. (NYSE:UAMY) Director Jon Marinelli purchased 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, for a total transaction of $93,125.00. Following the transaction, the director directly owned 12,500 shares of the company’s stock, valued at approximately $93,125. This represents a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

United States Antimony Stock Performance

Shares of United States Antimony stock opened at $7.83 on Friday. The business has a 50-day simple moving average of $9.25 and a 200-day simple moving average of $8.35. United States Antimony Co. has a one year low of $1.94 and a one year high of $19.71. The company has a market cap of $1.16 billion, a PE ratio of -60.20 and a beta of 0.31.

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

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on UAMY. HC Wainwright lifted their target price 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 reiterated a “sell (d-)” rating on shares of United States Antimony in a research note on Wednesday. Finally, B. Riley Financial lifted their price objective on shares of United States Antimony from $9.00 to $11.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. Five analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, United States Antimony presently has a consensus rating of “Moderate Buy” and a consensus target price of $9.25.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. CoreCap Advisors LLC acquired a new stake in shares of United States Antimony during the 4th quarter worth $27,000. KBC Group NV purchased a new stake in shares of United States Antimony during the first quarter valued at approximately $31,000. Raymond James Financial Inc. purchased a new stake in United States Antimony during the 2nd quarter worth $33,000. Meeder Asset Management Inc. purchased a new stake in shares of United States Antimony during the fourth quarter worth about $35,000. Finally, Harbour Investments Inc. increased 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 purchasing an additional 4,101 shares during the last quarter. Institutional investors and hedge funds own 9.49% of the company’s stock.

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.