United States Antimony (NYSE:UAMY) Shares Up 19.7% – What’s Next?

United States Antimony Co. (NYSE:UAMY)’s share price rose 19.7% during trading on Monday. The stock traded as high as $3.34 and last traded at $3.3750. Approximately 3,319,270 shares traded hands during trading, a decline of 67% from the average daily volume of 9,968,312 shares. The stock had previously closed at $2.82.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of United States Antimony in a research report on Monday, September 14th. Texas Capital raised shares of United States Antimony to a “strong-buy” rating in a research report on Wednesday, October 7th. Finally, HC Wainwright lowered their price target on shares of United States Antimony from $11.75 to $9.25 and set a “buy” rating for the company in a report on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $10.12.

United States Antimony Price Performance

The stock has a 50-day moving average price of $3.95 and a 200-day moving average price of $7.06. The firm has a market capitalization of $506.63 million, a PE ratio of -25.96 and a beta of 0.49.

Insider Buying and Selling at United States Antimony

In other United States Antimony news, CEO Gary C. Evans bought 20,000 shares of the business’s stock in a transaction on Friday, August 28th. The shares were bought at an average cost of $4.92 per share, with a total value of $98,400.00. Following the transaction, the chief executive officer directly owned 2,590,028 shares in the company, valued at approximately $12,742,937.76. This trade represents a 0.78% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Lloyd EVP, Chief Mining Officer, & Director bought 20,000 shares of United States Antimony stock in a transaction dated Tuesday, September 1st. The shares were acquired at an average price of $4.63 per share, with a total value of $92,600.00. Following the completion of the purchase, the executive vice president owned 932,881 shares in the company, valued at approximately $4,319,239.03. The trade was a 2.19% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders acquired a total of 62,700 shares of company stock worth $298,592 in the last 90 days. 5.50% of the stock is owned by corporate insiders.

Institutional Trading of United States Antimony

A number of hedge funds and other institutional investors have recently made changes to their positions in UAMY. Geneos Wealth Management Inc. raised its holdings in United States Antimony by 17.9% in the first quarter. Geneos Wealth Management Inc. now owns 9,892 shares of the company’s stock valued at $86,000 after acquiring an additional 1,500 shares in the last quarter. Lincoln Capital LLC grew its holdings in United States Antimony by 24.9% during the 1st quarter. Lincoln Capital LLC now owns 14,340 shares of the company’s stock worth $125,000 after acquiring an additional 2,857 shares in the last quarter. Farther Finance Advisors LLC increased its position in shares of United States Antimony by 65.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 8,545 shares of the company’s stock worth $36,000 after purchasing an additional 3,372 shares during the last quarter. KBC Group NV bought a new stake in shares of United States Antimony in the 1st quarter worth about $31,000. Finally, Sanctuary Advisors LLC increased its position in shares of United States Antimony by 28.6% in the 1st quarter. Sanctuary Advisors LLC now owns 18,064 shares of the company’s stock worth $158,000 after purchasing an additional 4,012 shares during the last quarter. Institutional investors own 9.49% of the company’s stock.

United States Antimony Company Profile

United States Antimony Corporation (NYSE: UAMY) is a specialty materials company focused primarily on the production and sale of antimony products. Antimony is used in applications including flame retardants, lead-acid batteries, solders, alloys, and other industrial materials. The company has historically produced antimony oxide, antimony metal, and related products.

UAMY has also been involved in the recovery and processing of precious metals and the production of specialty mineral products.