United States Antimony (NYSE:UAMY) Coverage Initiated by Analysts at Alliance Global Partners

Alliance Global Partners assumed coverage on shares of United States Antimony (NYSE:UAMY) in a research note published on Tuesday morning,Benzinga reports. The firm issued a buy rating and a $1.00 target price on the stock.

Separately, StockNews.com started coverage on United States Antimony in a report on Friday, August 30th. They issued a “sell” rating for the company.

United States Antimony Price Performance

UAMY opened at $0.69 on Tuesday. The stock has a 50-day moving average price of $0.68 and a 200-day moving average price of $0.49. United States Antimony has a 12-month low of $0.17 and a 12-month high of $0.82. The company has a current ratio of 6.24, a quick ratio of 5.84 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $74.82 million, a P/E ratio of -17.25 and a beta of 0.84.

Institutional Investors Weigh In On United States Antimony

A hedge fund recently raised its stake in United States Antimony stock. Truist Financial Corp increased its stake in United States Antimony Co. (NYSE:UAMY) by 23.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,328,818 shares of the company’s stock after acquiring an additional 250,000 shares during the period. Truist Financial Corp owned about 1.23% of United States Antimony worth $447,000 as of its most recent SEC filing. 9.49% of the stock is currently owned by institutional investors.

About United States Antimony

United States Antimony Corporation produces and sells antimony, silver, gold, precious metals, and zeolite products in the United States, and Canada. It operates through Antimony, Zeolite, and Precious Metals segments. The company offers antimony oxide that is primarily used in conjunction with a halogen to form a synergistic flame retardant system for plastics, rubber, fiberglass, textile goods, paints, coatings, and paper, as well as color fastener in paints and as a phosphorescent agent in fluorescent light bulbs; antimony trisulfide used as a primer in ammunition; and antimony metal for use in bearings, storage batteries, and ordnance.