United States Antimony’s (UAMY) “Buy” Rating Reaffirmed at HC Wainwright

United States Antimony (NYSEAMERICAN:UAMY)‘s stock had its “buy” rating reissued by analysts at HC Wainwright in a research report issued to clients and investors on Tuesday,Benzinga reports. They currently have a $10.25 target price on the stock. HC Wainwright’s price target would suggest a potential upside of 30.41% from the company’s previous close.

Separately, William Blair started coverage on United States Antimony in a research note on Monday, October 20th. They issued an “outperform” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $6.08.

United States Antimony Trading Up 7.2%

Shares of UAMY opened at $7.86 on Tuesday. The stock has a market capitalization of $1.10 billion, a price-to-earnings ratio of -786.00 and a beta of 0.10. United States Antimony has a 12 month low of $1.21 and a 12 month high of $19.71. The firm has a fifty day simple moving average of $6.85 and a 200 day simple moving average of $6.65.

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

Institutional Trading of United States Antimony

A number of hedge funds have recently made changes to their positions in the business. Segall Bryant & Hamill LLC acquired a new position in shares of United States Antimony during the 3rd quarter worth approximately $15,384,000. Geode Capital Management LLC boosted its position in United States Antimony by 144.6% during the second quarter. Geode Capital Management LLC now owns 1,955,494 shares of the company’s stock worth $4,264,000 after purchasing an additional 1,156,021 shares during the period. UBS Group AG increased its holdings in shares of United States Antimony by 416.0% in the fourth quarter. UBS Group AG now owns 1,283,636 shares of the company’s stock valued at $6,444,000 after purchasing an additional 1,034,880 shares during the last quarter. Vanguard Group Inc. raised its position in shares of United States Antimony by 22.5% in 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 during the period. Finally, Jump Financial LLC acquired a new stake in shares of United States Antimony during the 3rd quarter worth about $4,305,000. 9.49% of the stock is owned by institutional investors and hedge funds.

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.