Truist Financial Corp Acquires 122,500 Shares of United States Antimony Co. $UAMY

Truist Financial Corp grew its holdings in United States Antimony Co. (NYSEAMERICAN:UAMY) by 6.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,151,318 shares of the company’s stock after acquiring an additional 122,500 shares during the quarter. Truist Financial Corp owned 1.55% of United States Antimony worth $13,338,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Kornitzer Capital Management Inc. KS acquired a new position in shares of United States Antimony in the 3rd quarter valued at approximately $713,000. Stoneridge Investment Partners LLC bought a new position in United States Antimony in the third quarter valued at approximately $137,000. Geneos Wealth Management Inc. acquired a new position in shares of United States Antimony in the third quarter valued at approximately $49,000. E&G Advisors LP bought a new stake in shares of United States Antimony during the third quarter worth $106,000. Finally, Calamos Advisors LLC increased its position in shares of United States Antimony by 14.5% during the third quarter. Calamos Advisors LLC now owns 145,523 shares of the company’s stock worth $902,000 after acquiring an additional 18,374 shares in the last quarter. Institutional investors own 9.49% of the company’s stock.

United States Antimony Price Performance

United States Antimony stock opened at $7.33 on Friday. The company has a market cap of $1.03 billion, a price-to-earnings ratio of -733.00 and a beta of -0.01. The firm has a 50-day moving average of $6.81 and a 200-day moving average of $6.60. United States Antimony Co. has a one year low of $1.21 and a one year high of $19.71.

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

Wall Street Analyst Weigh In

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

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.