United States Antimony (NYSE:UAMY) Trading Down 5.7% – Time to Sell?

United States Antimony Co. (NYSE:UAMY) fell 5.7% during trading on Tuesday . The company traded as low as $11.01 and last traded at $11.0780. 3,333,902 shares traded hands during mid-day trading, a decline of 76% from the average session volume of 14,004,449 shares. The stock had previously closed at $11.75.

Analysts Set New Price Targets

A number of research firms recently commented on UAMY. Alliance Global Partners reissued a “buy” rating on shares of United States Antimony in a research report on Wednesday, February 11th. HC Wainwright increased their price target on United States Antimony from $10.25 to $11.50 and gave the company a “buy” rating in a research report on Monday, March 23rd. B. Riley Financial increased their price target on United States Antimony from $9.00 to $11.00 and gave the company a “buy” rating in a research report on Tuesday, February 24th. Finally, Weiss Ratings began coverage on United States Antimony in a research report on Friday, March 20th. They issued a “sell (d-)” rating for the company. Five analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, United States Antimony currently has an average rating of “Moderate Buy” and an average target price of $9.17.

United States Antimony Stock Performance

The stock has a market cap of $1.55 billion, a P/E ratio of -217.44 and a beta of 0.43. The business has a 50 day simple moving average of $9.46 and a 200-day simple moving average of $8.27.

United States Antimony (NYSE:UAMY) last announced its quarterly earnings data on Thursday, March 19th. The company reported ($0.01) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.01). The firm had revenue of $13.03 million during the quarter, compared to the consensus estimate of $11.75 million. United States Antimony had a negative return on equity of 6.14% and a negative net margin of 11.05%. On average, sell-side analysts predict that United States Antimony Co. will post 0.03 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of UAMY. Goldman Sachs Group Inc. grew its stake in 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 purchasing an additional 95,811 shares during the period. Geode Capital Management LLC grew its stake in shares of United States Antimony by 144.6% during the 2nd quarter. Geode Capital Management LLC now owns 1,955,494 shares of the company’s stock worth $4,264,000 after acquiring an additional 1,156,021 shares during the period. Creative Planning bought a new position in shares of United States Antimony during the 2nd quarter worth $368,000. JPMorgan Chase & Co. grew its stake in shares of United States Antimony by 2,441.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 127,093 shares of the company’s stock worth $277,000 after acquiring an additional 122,093 shares during the period. Finally, Legal & General Group Plc bought a new position in shares of United States Antimony during the 2nd quarter worth $51,000. Institutional investors own 9.49% of the company’s stock.

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.