United States Antimony (NYSE:UAMY) Director Jon Marinelli Purchases 12,500 Shares of Stock

United States Antimony Co. (NYSE:UAMY) Director Jon Marinelli bought 12,500 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were purchased at an average price of $7.45 per share, for a total transaction of $93,125.00. Following the transaction, the director owned 12,500 shares of the company’s stock, valued at $93,125. The trade was a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

United States Antimony Stock Performance

Shares of NYSE UAMY opened at $7.67 on Thursday. United States Antimony Co. has a 1 year low of $1.94 and a 1 year high of $19.71. The firm’s 50 day moving average price is $9.26 and its 200 day moving average price is $8.34. The firm has a market cap of $1.14 billion, a P/E ratio of -58.96 and a beta of 0.31.

United States Antimony (NYSE:UAMY) last announced its earnings results on Thursday, March 19th. The company reported ($0.01) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.01). United States Antimony had a negative net margin of 41.44% and a negative return on equity of 7.20%. The firm had revenue of $13.03 million for the quarter, compared to analyst estimates of $11.75 million. As a group, equities analysts predict that United States Antimony Co. will post 0.04 EPS for the current year.

Hedge Funds Weigh In On United States Antimony

A number of hedge funds have recently made changes to their positions in UAMY. Goldman Sachs Group Inc. raised its stake in shares of United States Antimony by 36.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 359,692 shares of the company’s stock valued at $791,000 after acquiring an additional 95,811 shares during the period. Geode Capital Management LLC raised its stake in shares of United States Antimony by 144.6% in the 2nd quarter. Geode Capital Management LLC now owns 1,955,494 shares of the company’s stock valued at $4,264,000 after acquiring an additional 1,156,021 shares during the period. Creative Planning purchased a new position in shares of United States Antimony in the 2nd quarter valued at $368,000. JPMorgan Chase & Co. raised its stake in shares of United States Antimony by 2,441.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 127,093 shares of the company’s stock valued at $277,000 after acquiring an additional 122,093 shares during the period. Finally, Legal & General Group Plc purchased a new position in shares of United States Antimony in the 2nd quarter valued at $51,000. Hedge funds and other institutional investors own 9.49% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on UAMY shares. B. Riley Financial lifted their price target on shares of United States Antimony from $9.00 to $11.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. Weiss Ratings started coverage on shares of United States Antimony in a report on Friday, March 20th. They issued a “sell (d-)” rating on the stock. Finally, HC Wainwright lifted their price target on shares of United States Antimony from $11.50 to $11.75 and gave the company a “buy” rating in a report on Monday, May 18th. Five investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $9.25.

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.