United States Antimony (NYSEAMERICAN:UAMY) Stock Price Down 6.6% – Here’s What Happened

United States Antimony Co. (NYSEAMERICAN:UAMY) fell 6.6% during trading on Monday . The company traded as low as $5.74 and last traded at $5.8260. 4,332,958 shares were traded during trading, a decline of 39% from the average session volume of 7,149,550 shares. The stock had previously closed at $6.24.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on UAMY shares. William Blair started coverage on United States Antimony in a report on Monday, October 20th. They set an “outperform” rating for the company. HC Wainwright boosted their price target 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. One equities research analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the company’s stock. According to MarketBeat, United States Antimony has a consensus rating of “Buy” and a consensus price target of $6.08.

United States Antimony Stock Performance

The business has a fifty day simple moving average of $6.80 and a 200 day simple moving average of $5.73. The stock has a market cap of $698.52 million, a price-to-earnings ratio of -501.50 and a beta of 0.01.

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

Institutional Investors Weigh In On United States Antimony

Several institutional investors have recently made changes to their positions in the company. Nova Wealth Management Inc. boosted its stake in United States Antimony by 405.0% during the third quarter. Nova Wealth Management Inc. now owns 5,050 shares of the company’s stock worth $31,000 after buying an additional 4,050 shares in the last quarter. Raymond James Financial Inc. acquired a new position in United States Antimony in the second quarter valued at about $33,000. ProShare Advisors LLC bought a new stake in United States Antimony in the 2nd quarter valued at $41,000. Penbrook Management LLC acquired a new stake in United States Antimony in the second quarter valued at $44,000. Finally, Police & Firemen s Retirement System of New Jersey bought a new stake in United States Antimony during the second quarter worth $47,000. 9.49% of the stock is currently owned by institutional investors and hedge funds.

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.