United States Antimony (NYSE:UAMY) Stock Price Down 8.1% – Should You Sell?

Shares of United States Antimony Co. (NYSE:UAMY) traded down 8.1% during trading on Thursday . The company traded as low as $5.30 and last traded at $5.2650. Approximately 745,226 shares were traded during mid-day trading, a decline of 93% from the average session volume of 11,409,479 shares. The stock had previously closed at $5.73.

Analyst Ratings Changes

UAMY has been the topic of several research analyst reports. Weiss Ratings reissued a “sell (d-)” rating on shares of United States Antimony in a research report on Wednesday, June 17th. HC Wainwright lowered their price objective on shares of United States Antimony from $11.75 to $9.25 and set a “buy” rating for the company in a research note on Wednesday, August 12th. Four analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $10.12.

United States Antimony Trading Up 4.2%

The company has a market capitalization of $821.69 million, a PE ratio of -42.23 and a beta of 0.39. The business’s 50-day simple moving average is $6.28 and its 200-day simple moving average is $8.11.

Insider Buying and Selling

In related news, Director Jon R. Marinelli purchased 12,500 shares of United States Antimony stock in a transaction that occurred on Monday, June 15th. The stock was bought at an average cost of $7.45 per share, for a total transaction of $93,125.00. Following the completion of the transaction, the director owned 12,500 shares in the company, valued at $93,125. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. 5.50% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On United States Antimony

Several institutional investors have recently made changes to their positions in the company. KBC Group NV purchased a new stake in United States Antimony during the first quarter worth $31,000. Raymond James Financial Inc. acquired a new stake in United States Antimony during the second quarter valued at $33,000. Meeder Asset Management Inc. purchased a new position in United States Antimony in the fourth quarter valued at $35,000. Harbour Investments Inc. increased its holdings in United States Antimony by 106.2% in the fourth quarter. Harbour Investments Inc. now owns 7,962 shares of the company’s stock valued at $40,000 after buying an additional 4,101 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC raised its position in shares of United States Antimony by 925.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 10,250 shares of the company’s stock worth $51,000 after acquiring an additional 9,250 shares during the period. 9.49% of the stock is owned by hedge funds and other institutional investors.

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.