United States Antimony Co. (NYSEAMERICAN:UAMY) Receives Average Recommendation of “Buy” from Analysts

Shares of United States Antimony Co. (NYSEAMERICAN:UAMY) have been given a consensus recommendation of “Buy” by the five research firms that are currently covering the firm, MarketBeat Ratings reports. Four analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $6.0833.

Several research firms have recently issued reports on UAMY. HC Wainwright increased their price objective on shares of United States Antimony from $8.50 to $10.25 and gave the company a “buy” rating in a report on Thursday, November 13th. William Blair began coverage on United States Antimony in a research report on Monday, October 20th. They issued an “outperform” rating for the company.

Institutional Trading of United States Antimony

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Truist Financial Corp lifted its stake in United States Antimony by 14.1% during the second quarter. Truist Financial Corp now owns 2,028,818 shares of the company’s stock valued at $4,423,000 after buying an additional 250,000 shares in the last quarter. Penbrook Management LLC acquired a new stake in shares of United States Antimony during the second quarter valued at approximately $44,000. Soviero Asset Management LP raised its holdings in shares of United States Antimony by 180.2% during the second quarter. Soviero Asset Management LP now owns 510,000 shares of the company’s stock valued at $1,112,000 after acquiring an additional 328,000 shares during the period. XTX Topco Ltd lifted its position in shares of United States Antimony by 247.1% in the 2nd quarter. XTX Topco Ltd now owns 126,622 shares of the company’s stock valued at $276,000 after acquiring an additional 90,142 shares in the last quarter. Finally, Police & Firemen s Retirement System of New Jersey acquired a new position in United States Antimony in the 2nd quarter worth approximately $47,000. 9.49% of the stock is currently owned by institutional investors.

United States Antimony Stock Performance

Shares of UAMY opened at $9.70 on Friday. United States Antimony has a one year low of $1.21 and a one year high of $19.71. The stock’s fifty day moving average is $6.73 and its 200-day moving average is $6.53. The firm has a market capitalization of $1.36 billion, a price-to-earnings ratio of -970.00 and a beta of -0.01.

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

About United States Antimony

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.