United States Antimony Co. (NYSE:UAMY) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of United States Antimony Co. (NYSE:UAMY) have been given an average recommendation of “Moderate Buy” by the six ratings firms that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $10.12.

Several research analysts recently issued reports on the company. Texas Capital raised United States Antimony to a “strong-buy” rating in a research report on Wednesday. HC Wainwright decreased their price objective on shares of United States Antimony from $11.75 to $9.25 and set a “buy” rating for the company in a research report on Wednesday, August 12th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of United States Antimony in a research note on Monday, September 14th.

Insider Transactions at United States Antimony

In other news, Director Joseph Carrabba bought 21,300 shares of the firm’s stock in a transaction that occurred on Tuesday, September 1st. The stock was purchased at an average price of $4.72 per share, with a total value of $100,536.00. Following the completion of the acquisition, the director directly owned 198,401 shares of the company’s stock, valued at $936,452.72. This trade represents a 12.03% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Lloyd EVP, Chief Mining Officer, & Director purchased 20,000 shares of United States Antimony stock in a transaction on Tuesday, September 1st. The shares were acquired at an average cost of $4.63 per share, with a total value of $92,600.00. Following the completion of the transaction, the executive vice president directly owned 932,881 shares in the company, valued at $4,319,239.03. The trade was a 2.19% increase in their position. The SEC filing for this purchase provides additional information. Insiders bought a total of 62,700 shares of company stock worth $298,592 over the last three months. 5.50% of the stock is currently owned by insiders.

Institutional Investors Weigh In On United States Antimony

Several hedge funds and other institutional investors have recently added to or reduced their stakes in UAMY. Bank of New York Mellon Corp purchased a new stake in shares of United States Antimony in the second quarter valued at about $2,871,000. BlackRock Inc. acquired a new position in United States Antimony in the 2nd quarter valued at about $82,365,000. Bank of America Corp DE purchased a new stake in shares of United States Antimony in the 2nd quarter valued at approximately $4,208,000. Orchard Capital Management LLC acquired a new stake in shares of United States Antimony during the 2nd quarter worth approximately $2,230,000. Finally, Faithward Advisors LLC purchased a new stake in shares of United States Antimony during the 4th quarter valued at approximately $1,178,000. 9.49% of the stock is owned by institutional investors and hedge funds.

United States Antimony Trading Down 3.5%

Shares of UAMY opened at $3.73 on Friday. United States Antimony has a 12 month low of $3.65 and a 12 month high of $19.71. The stock has a fifty day moving average price of $5.04 and a 200-day moving average price of $7.11. The firm has a market cap of $557.52 million, a PE ratio of -28.65 and a beta of 0.38.

About United States Antimony

United States Antimony Corporation, through its subsidiaries, produces and sells antimony, precious metals and related specialty materials. Its products include antimony oxide, antimony metal, sodium antimonate and other antimony compounds used in applications such as flame retardants, ceramics, glass, pigments, batteries and other industrial products.

The company also processes and refines antimony-bearing materials and recovers precious metals from selected raw materials and recyclable sources.