United States Antimony (NYSE:UAMY) Price Target Lowered to $9.25 at HC Wainwright

United States Antimony (NYSE:UAMY) had its target price cut by equities research analysts at HC Wainwright from $11.75 to $9.25 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. HC Wainwright’s price target suggests a potential upside of 40.15% from the stock’s previous close.

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of United States Antimony in a research report on Wednesday, June 17th. Five research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, United States Antimony presently has an average rating of “Moderate Buy” and an average price target of $8.42.

United States Antimony Trading Down 1.0%

NYSE UAMY opened at $6.60 on Wednesday. United States Antimony has a 12 month low of $3.41 and a 12 month high of $19.71. The stock has a 50-day simple moving average of $6.65 and a 200 day simple moving average of $8.32. The company has a market capitalization of $978.05 million, a PE ratio of -50.77 and a beta of 0.39.

Insider Activity

In other news, Director Jon R. Marinelli purchased 12,500 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was bought at an average price of $7.45 per share, with a total value of $93,125.00. Following the acquisition, the director directly owned 12,500 shares of the company’s stock, valued at approximately $93,125. This represents a ? increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 5.50% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. McGowan Group Asset Management Inc. acquired a new position in shares of United States Antimony in the fourth quarter valued at approximately $2,216,000. Faithward Advisors LLC bought a new stake in shares of United States Antimony during the fourth quarter worth $1,178,000. Virtu Financial LLC acquired a new stake in shares of United States Antimony during the fourth quarter worth $945,000. UBS Group AG raised its holdings in shares of United States Antimony by 416.0% during the fourth quarter. UBS Group AG now owns 1,283,636 shares of the company’s stock worth $6,444,000 after acquiring an additional 1,034,880 shares during the period. Finally, Dymon Asia Capital Singapore PTE. LTD. bought a new stake in United States Antimony in the 4th quarter valued at $820,000. 9.49% of the stock is currently owned by institutional investors.

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.