United States Antimony (NYSEAMERICAN:UAMY) Stock Price Up 6.9% – Should You Buy?

Shares of United States Antimony Co. (NYSEAMERICAN:UAMY) were up 6.9% on Tuesday . The stock traded as high as $9.37 and last traded at $8.8640. Approximately 5,308,509 shares traded hands during mid-day trading, a decline of 63% from the average daily volume of 14,467,881 shares. The stock had previously closed at $8.29.

Analyst Ratings Changes

A number of research firms have recently weighed in on UAMY. William Blair began coverage on shares of United States Antimony in a research report on Monday, October 20th. They issued an “outperform” rating for the company. HC Wainwright increased their price target on United States Antimony from $8.50 to $10.25 and gave the stock a “buy” rating in a research note on Thursday, November 13th. One research analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $6.08.

United States Antimony Trading Up 11.6%

The stock has a market cap of $1.30 billion, a price-to-earnings ratio of -926.50 and a beta of -0.01. The company has a fifty day simple moving average of $6.38 and a 200-day simple moving average of $6.20.

United States Antimony (NYSEAMERICAN:UAMY) last released its earnings results on Wednesday, November 12th. The company reported ($0.04) earnings per share for the quarter. The firm had revenue of $8.70 million during the quarter. United States Antimony had a negative return on equity of 11.58% and a negative net margin of 15.49%. As a group, analysts anticipate that United States Antimony Co. will post -0.01 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Segall Bryant & Hamill LLC acquired a new position in United States Antimony during the third quarter valued at $15,384,000. Geode Capital Management LLC grew its stake in United States Antimony by 144.6% during the 2nd quarter. Geode Capital Management LLC now owns 1,955,494 shares of the company’s stock valued at $4,264,000 after acquiring an additional 1,156,021 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of United States Antimony by 22.5% in the 3rd 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 period. Jump Financial LLC purchased a new stake in shares of United States Antimony in the third quarter worth approximately $4,305,000. Finally, Invesco Ltd. lifted its position in shares of United States Antimony by 739.0% in the third quarter. Invesco Ltd. now owns 506,925 shares of the company’s stock worth $3,143,000 after purchasing an additional 446,503 shares in the last quarter. Hedge funds and other institutional investors own 9.49% of the company’s stock.

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.