United States Antimony (NYSEAMERICAN:UAMY) Trading Up 10.9% – Still a Buy?

United States Antimony Co. (NYSEAMERICAN:UAMYGet Free Report)’s stock price rose 10.9% during mid-day trading on Tuesday . The stock traded as high as $10.79 and last traded at $10.6490. Approximately 6,373,334 shares were traded during trading, a decline of 57% from the average daily volume of 14,727,239 shares. The stock had previously closed at $9.60.

Key United States Antimony News

Here are the key news stories impacting United States Antimony this week:

Wall Street Analysts Forecast Growth

UAMY has been the topic of several analyst reports. Alliance Global Partners reiterated a “buy” rating on shares of United States Antimony in a report on Wednesday, February 11th. HC Wainwright reiterated a “buy” rating and set a $10.25 price target on shares of United States Antimony in a report on Tuesday, February 3rd. Finally, B. Riley Financial lifted their price objective on United States Antimony from $9.00 to $11.00 and gave the stock a “buy” rating in a research report on Tuesday, February 24th. Five research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $8.75.

Get Our Latest Stock Analysis on UAMY

United States Antimony Price Performance

The business’s fifty day moving average price is $8.47 and its 200-day moving average price is $7.56. The stock has a market capitalization of $1.47 billion, a price-to-earnings ratio of -1,051.00 and a beta of -0.01.

Institutional Trading of United States Antimony

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Nova Wealth Management Inc. raised its stake in shares of United States Antimony by 405.0% in the third quarter. Nova Wealth Management Inc. now owns 5,050 shares of the company’s stock worth $31,000 after purchasing an additional 4,050 shares during the last quarter. CoreCap Advisors LLC purchased a new position in shares of United States Antimony during the fourth quarter valued at approximately $27,000. Meeder Asset Management Inc. bought a new stake in United States Antimony during the fourth quarter worth $35,000. Geneos Wealth Management Inc. bought a new stake in United States Antimony during the third quarter worth $49,000. Finally, Harbour Investments Inc. raised its position in United States Antimony by 106.2% in the 4th 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 during the last quarter. 9.49% of the stock is owned by institutional investors.

About United States Antimony

(Get Free Report)

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.

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