United States Antimony (NYSEAMERICAN:UAMY) Trading Down 7.2% – Should You Sell?

United States Antimony Co. (NYSEAMERICAN:UAMY) shares traded down 7.2% during trading on Tuesday . The company traded as low as $7.95 and last traded at $7.9540. 5,232,868 shares changed hands during mid-day trading, a decline of 63% from the average session volume of 14,256,887 shares. The stock had previously closed at $8.57.

Analyst Ratings Changes

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

United States Antimony Trading Down 8.1%

The stock has a 50-day moving average of $6.28 and a two-hundred day moving average of $5.98. The firm has a market cap of $1.10 billion, a price-to-earnings ratio of -786.90 and a beta of -0.01.

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

Institutional Investors Weigh In On United States Antimony

Hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in United States Antimony by 22.5% in the 3rd quarter. Vanguard Group Inc. now owns 5,597,951 shares of the company’s stock worth $34,707,000 after buying an additional 1,026,412 shares in the last quarter. Segall Bryant & Hamill LLC purchased a new stake in shares of United States Antimony during the third quarter worth $15,384,000. Truist Financial Corp boosted its position in United States Antimony by 6.0% during the third quarter. Truist Financial Corp now owns 2,151,318 shares of the company’s stock valued at $13,338,000 after purchasing an additional 122,500 shares during the last quarter. Geode Capital Management LLC boosted its position in United States Antimony by 144.6% during the second quarter. Geode Capital Management LLC now owns 1,955,494 shares of the company’s stock valued at $4,264,000 after purchasing an additional 1,156,021 shares during the last quarter. Finally, Soviero Asset Management LP grew its stake in United States Antimony by 52.9% in the third quarter. Soviero Asset Management LP now owns 780,000 shares of the company’s stock valued at $4,836,000 after purchasing an additional 270,000 shares in the last quarter. 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.