United States Antimony (NYSE:UAMY) Director Jon Marinelli Acquires 12,500 Shares

United States Antimony Co. (NYSE:UAMYGet Free Report) Director Jon Marinelli acquired 12,500 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was purchased at an average cost of $7.45 per share, for a total transaction of $93,125.00. Following the completion of the acquisition, the director owned 12,500 shares in the company, valued at approximately $93,125. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

United States Antimony Price Performance

NYSE UAMY traded up $0.56 on Wednesday, reaching $7.65. The stock had a trading volume of 6,085,577 shares, compared to its average volume of 13,250,411. The firm has a fifty day moving average of $9.27 and a two-hundred day moving average of $8.33. United States Antimony Co. has a 1-year low of $1.94 and a 1-year high of $19.71. The company has a market cap of $1.13 billion, a P/E ratio of -59.21 and a beta of 0.31.

United States Antimony (NYSE:UAMYGet Free Report) last issued its quarterly earnings data on Thursday, March 19th. The company reported ($0.01) EPS for the quarter, meeting analysts’ consensus estimates of ($0.01). United States Antimony had a negative return on equity of 7.20% and a negative net margin of 41.44%.The firm had revenue of $13.03 million for the quarter, compared to analyst estimates of $11.75 million. Research analysts predict that United States Antimony Co. will post 0.04 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have recently weighed in on UAMY. B. Riley Financial upped their target price on United States Antimony from $9.00 to $11.00 and gave the company a “buy” rating in a research report on Tuesday, February 24th. Weiss Ratings began coverage on United States Antimony in a research report on Friday, March 20th. They set a “sell (d-)” rating for the company. Finally, HC Wainwright upped their target price on United States Antimony from $11.50 to $11.75 and gave the company a “buy” rating in a research report on Monday, May 18th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, United States Antimony currently has an average rating of “Moderate Buy” and an average price target of $9.25.

Read Our Latest Report on UAMY

Institutional Trading of United States Antimony

Several institutional investors and hedge funds have recently modified their holdings of UAMY. Goldman Sachs Group Inc. lifted its position in shares of United States Antimony by 36.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 359,692 shares of the company’s stock worth $791,000 after buying an additional 95,811 shares during the last quarter. Geode Capital Management LLC raised its position 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 purchasing an additional 1,156,021 shares during the last quarter. Creative Planning bought a new position in United States Antimony in the second quarter valued at about $368,000. JPMorgan Chase & Co. raised its position in United States Antimony by 2,441.9% in the second quarter. JPMorgan Chase & Co. now owns 127,093 shares of the company’s stock valued at $277,000 after purchasing an additional 122,093 shares during the last quarter. Finally, Legal & General Group Plc bought a new position in United States Antimony in the second quarter valued at about $51,000. 9.49% of the stock is currently owned by institutional investors.

United States Antimony Company Profile

(Get Free Report)

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.

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