United States Antimony (NYSEAMERICAN:UAMY) Trading 9.4% Higher – Still a Buy?

United States Antimony Co. (NYSEAMERICAN:UAMY) shares traded up 9.4% on Monday . The company traded as high as $8.64 and last traded at $8.37. 3,930,068 shares traded hands during trading, a decline of 71% from the average session volume of 13,497,072 shares. The stock had previously closed at $7.65.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. HC Wainwright raised their price target on 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 started coverage on United States Antimony in a report on Monday, October 20th. They issued an “outperform” rating on the stock. One research analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $6.08.

United States Antimony Stock Up 12.0%

The business has a 50 day moving average price of $6.25 and a 200 day moving average price of $5.94. The stock has a market cap of $1.20 billion, a P/E ratio of -857.00 and a beta of -0.01.

United States Antimony (NYSEAMERICAN:UAMY) last posted its quarterly earnings results on Wednesday, November 12th. The company reported ($0.04) earnings per share for the quarter. The company 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, research analysts expect that United States Antimony Co. will post -0.01 earnings per share for the current fiscal year.

Institutional Investors Weigh In On United States Antimony

Several large investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its stake in shares of United States Antimony by 22.5% during the third 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 in the last quarter. Segall Bryant & Hamill LLC bought a new stake in United States Antimony during the 3rd quarter valued at $15,384,000. Truist Financial Corp increased its holdings in shares of United States Antimony by 6.0% in the 3rd quarter. Truist Financial Corp now owns 2,151,318 shares of the company’s stock valued at $13,338,000 after acquiring an additional 122,500 shares during the period. Geode Capital Management LLC raised its position in shares of United States Antimony by 144.6% in the 2nd quarter. Geode Capital Management LLC now owns 1,955,494 shares of the company’s stock worth $4,264,000 after acquiring an additional 1,156,021 shares in the last quarter. Finally, Soviero Asset Management LP raised its position in shares of United States Antimony by 52.9% in the 3rd quarter. Soviero Asset Management LP now owns 780,000 shares of the company’s stock worth $4,836,000 after acquiring an additional 270,000 shares in the last quarter. Institutional investors own 9.49% of the company’s stock.

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.