Insider Buying: United States Antimony (NYSE:UAMY) CEO Acquires 100,000 Shares of Stock

United States Antimony Co. (NYSE:UAMY) CEO Gary Evans purchased 100,000 shares of United States Antimony stock in a transaction dated Friday, September 26th. The shares were purchased at an average price of $6.13 per share, for a total transaction of $613,000.00. Following the completion of the acquisition, the chief executive officer owned 2,378,818 shares of the company’s stock, valued at approximately $14,582,154.34. The trade was a 4.39% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

United States Antimony Stock Performance

NYSE:UAMY opened at $7.55 on Thursday. The stock has a market cap of $971.90 million, a P/E ratio of -188.75 and a beta of 0.05. 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’s 50-day moving average is $4.65 and its 200-day moving average is $3.40. United States Antimony Co. has a 1-year low of $0.49 and a 1-year high of $8.17.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on UAMY shares. HC Wainwright boosted their price target on United States Antimony from $4.50 to $8.50 and gave the stock a “buy” rating in a report on Friday, September 26th. D. Boral Capital restated a “buy” rating and set a $5.00 price target on shares of United States Antimony in a report on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $4.38.

Hedge Funds Weigh In On United States Antimony

A number of hedge funds and other institutional investors have recently made changes to their positions in UAMY. Northern Trust Corp lifted its stake in shares of United States Antimony by 11.4% in the fourth quarter. Northern Trust Corp now owns 163,045 shares of the company’s stock worth $289,000 after acquiring an additional 16,743 shares during the period. Cetera Investment Advisers acquired a new position in shares of United States Antimony in the fourth quarter worth approximately $40,000. Millennium Management LLC lifted its stake in shares of United States Antimony by 228.4% in the fourth quarter. Millennium Management LLC now owns 100,793 shares of the company’s stock worth $178,000 after acquiring an additional 70,105 shares during the period. Two Sigma Investments LP acquired a new position in shares of United States Antimony in the fourth quarter worth approximately $565,000. Finally, Two Sigma Advisers LP acquired a new position in shares of United States Antimony in the fourth quarter worth approximately $407,000. 9.49% of the stock is owned by institutional investors and hedge funds.

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.