United States Antimony (NYSEAMERICAN:UAMY) Shares Down 7.1% – What’s Next?

United States Antimony Co. (NYSEAMERICAN:UAMY)’s share price fell 7.1% during mid-day trading on Wednesday . The company traded as low as $4.63 and last traded at $4.6250. 3,052,526 shares changed hands during trading, a decline of 57% from the average session volume of 7,073,213 shares. The stock had previously closed at $4.98.

Analyst Ratings Changes

Several equities research analysts have weighed in on UAMY shares. HC Wainwright lifted their price target on shares of United States Antimony from $8.50 to $10.25 and gave the company a “buy” rating in a research note on Thursday, November 13th. William Blair began coverage on shares of United States Antimony in a research report on Monday, October 20th. They set an “outperform” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $6.08.

United States Antimony Stock Up 7.3%

The company’s fifty day simple moving average is $8.07 and its 200 day simple moving average is $5.53.

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

Insiders Place Their Bets

In other news, CEO Gary C. Evans purchased 100,000 shares of the company’s stock in a transaction on Friday, September 26th. The stock was purchased at an average price of $6.13 per share, with a total value of $613,000.00. Following the completion of the purchase, the chief executive officer directly owned 2,378,818 shares in the company, valued at approximately $14,582,154.34. This trade represents a 4.39% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 4.20% of the stock is owned by insiders.

Institutional Trading of United States Antimony

Large investors have recently modified their holdings of the business. Segall Bryant & Hamill LLC purchased a new stake in United States Antimony in the 3rd quarter worth approximately $15,384,000. Geode Capital Management LLC boosted its holdings in United States Antimony by 144.6% in the second 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 position in United States Antimony by 22.5% during 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 bought a new position in United States Antimony in the 3rd quarter worth $4,305,000. Finally, Invesco Ltd. lifted its position in shares of United States Antimony by 739.0% in the 3rd quarter. Invesco Ltd. now owns 506,925 shares of the company’s stock worth $3,143,000 after purchasing an additional 446,503 shares during the period. 9.49% of the stock is 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.