Faithward Advisors LLC Acquires New Position in United States Antimony Co. $UAMY

Faithward Advisors LLC acquired a new stake in United States Antimony Co. (NYSE:UAMY) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 234,678 shares of the company’s stock, valued at approximately $1,178,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Segall Bryant & Hamill LLC acquired a new stake in United States Antimony in the third quarter valued at about $15,384,000. JPMorgan Chase & Co. lifted its position in United States Antimony by 108.9% in the third quarter. JPMorgan Chase & Co. now owns 265,547 shares of the company’s stock valued at $1,646,000 after purchasing an additional 138,454 shares during the period. Miller Global Investments LLC acquired a new stake in United States Antimony in the fourth quarter valued at about $862,000. McGowan Group Asset Management Inc. acquired a new stake in United States Antimony in the fourth quarter valued at about $2,216,000. Finally, Harbor Capital Advisors Inc. acquired a new stake in United States Antimony in the fourth quarter valued at about $481,000. Institutional investors and hedge funds own 9.49% of the company’s stock.

United States Antimony Trading Up 5.9%

Shares of United States Antimony stock opened at $7.46 on Tuesday. United States Antimony Co. has a 12-month low of $1.94 and a 12-month high of $19.71. The stock has a market cap of $1.10 billion, a PE ratio of -57.35 and a beta of 0.31. The company has a 50-day moving average of $9.30 and a two-hundred day moving average of $8.32.

United States Antimony (NYSE:UAMY) last issued its earnings results on Thursday, March 19th. The company reported ($0.01) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.01). United States Antimony had a negative net margin of 41.44% and a negative return on equity of 7.20%. The company had revenue of $13.03 million during the quarter, compared to analysts’ expectations of $11.75 million. On average, sell-side analysts forecast that United States Antimony Co. will post 0.04 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Weiss Ratings assumed coverage on shares of United States Antimony in a research report on Friday, March 20th. They issued a “sell (d-)” rating for the company. HC Wainwright raised their price objective on shares of United States Antimony from $11.50 to $11.75 and gave the company a “buy” rating in a research report on Monday, May 18th. Finally, B. Riley Financial raised their price objective on shares of United States Antimony from $9.00 to $11.00 and gave the company a “buy” rating in a research report on Tuesday, February 24th. Five analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $9.25.

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.