United States Antimony Co. (NYSE:UAMY) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

United States Antimony Co. (NYSE:UAMY) has received an average recommendation of “Moderate Buy” from the six ratings firms that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation and five have assigned a buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $9.25.

Several brokerages have recently weighed in on UAMY. HC Wainwright increased their price objective on shares of United States Antimony from $11.50 to $11.75 and gave the stock a “buy” rating in a research note on Monday, May 18th. Weiss Ratings reiterated a “sell (d-)” rating on shares of United States Antimony in a research note on Wednesday, June 17th.

United States Antimony Stock Performance

UAMY opened at $6.93 on Tuesday. The company’s 50-day simple moving average is $8.93 and its two-hundred day simple moving average is $8.41. United States Antimony has a 52-week low of $1.94 and a 52-week high of $19.71. The stock has a market capitalization of $1.03 billion, a P/E ratio of -53.27 and a beta of 0.31.

Insider Buying and Selling at United States Antimony

In other United States Antimony news, Director Jon R. Marinelli acquired 12,500 shares of the stock in a transaction dated Monday, June 15th. The shares were purchased at an average price of $7.45 per share, for a total transaction of $93,125.00. Following the purchase, the director directly owned 12,500 shares of the company’s stock, valued at approximately $93,125. This trade represents a ? increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. 4.20% of the stock is owned by company insiders.

Institutional Investors Weigh In On United States Antimony

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. CoreCap Advisors LLC purchased a new stake in United States Antimony in the 4th quarter worth approximately $27,000. KBC Group NV purchased a new stake in United States Antimony in the 1st quarter worth approximately $31,000. Raymond James Financial Inc. purchased a new stake in United States Antimony in the 2nd quarter worth approximately $33,000. Meeder Asset Management Inc. purchased a new stake in United States Antimony in the 4th quarter worth approximately $35,000. Finally, Harbour Investments Inc. increased its holdings in United States Antimony by 106.2% in the 4th quarter. Harbour Investments Inc. now owns 7,962 shares of the company’s stock worth $40,000 after acquiring an additional 4,101 shares in the last quarter. 9.49% of the stock is owned by hedge funds and other institutional investors.

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.