United States Antimony (NYSEAMERICAN:UAMY) Trading 10.9% Higher – Should You Buy?

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

Wall Street Analysts Forecast Growth

A number of analysts have commented on UAMY shares. HC Wainwright restated a “buy” rating and set a $10.25 price target on shares of United States Antimony in a research report on Tuesday, February 3rd. Alliance Global Partners reiterated a “buy” rating on shares of United States Antimony in a report on Wednesday, February 11th. Finally, B. Riley Financial boosted their target price on United States Antimony from $9.00 to $11.00 and gave the stock a “buy” rating in a report on Tuesday, February 24th. Five investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $8.75.

United States Antimony Price Performance

The business has a fifty day moving average of $8.24 and a 200-day moving average of $7.49. The stock has a market capitalization of $1.57 billion, a price-to-earnings ratio of -1,123.70 and a beta of -0.01.

Institutional Trading of United States Antimony

Hedge funds and other institutional investors have recently made changes to their positions in the business. Segall Bryant & Hamill LLC acquired a new position in United States Antimony in the third quarter worth approximately $15,384,000. Kornitzer Capital Management Inc. KS acquired a new stake in shares of United States Antimony during the 3rd quarter valued at $713,000. Soviero Asset Management LP lifted its position in shares of United States Antimony by 180.2% during the 2nd quarter. Soviero Asset Management LP now owns 510,000 shares of the company’s stock valued at $1,112,000 after acquiring an additional 328,000 shares during the last quarter. Police & Firemen s Retirement System of New Jersey bought a new stake in shares of United States Antimony during the 2nd quarter worth $47,000. Finally, Lisanti Capital Growth LLC acquired a new position in shares of United States Antimony in the 3rd quarter worth $811,000. 9.49% of the stock is currently owned by 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.