United States Antimony (NYSEAMERICAN:UAMY) Shares Gap Down – Should You Sell?

United States Antimony Co. (NYSEAMERICAN:UAMY) shares gapped down prior to trading on Thursday . The stock had previously closed at $9.70, but opened at $8.88. United States Antimony shares last traded at $7.9180, with a volume of 11,828,600 shares changing hands.

Analyst Ratings Changes

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

United States Antimony Trading Down 14.8%

The firm has a market cap of $1.16 billion, a PE ratio of -842.70 and a beta of -0.01. The company has a 50 day moving average price of $6.73 and a 200 day moving average price of $6.53.

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

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. UBS Group AG grew its holdings in United States Antimony by 416.0% in the 4th quarter. UBS Group AG now owns 1,283,636 shares of the company’s stock valued at $6,444,000 after buying an additional 1,034,880 shares during the period. Sanctuary Advisors LLC lifted its stake in United States Antimony by 27.7% during the fourth quarter. Sanctuary Advisors LLC now owns 14,052 shares of the company’s stock worth $71,000 after purchasing an additional 3,052 shares during the last quarter. McGowan Group Asset Management Inc. acquired a new position in United States Antimony in the fourth quarter valued at approximately $2,216,000. Arizona State Retirement System bought a new stake in United States Antimony during the 4th quarter valued at $165,000. Finally, Revisor Wealth Management LLC bought a new position in United States Antimony during the 4th quarter valued at $63,000. 9.49% of the stock is owned by hedge funds and other institutional investors.

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.