Virtu Financial LLC Makes New Investment in United States Antimony Co. $UAMY

Virtu Financial LLC bought a new stake in United States Antimony Co. (NYSE:UAMY) during the 4th quarter, HoldingsChannel reports. The fund bought 188,265 shares of the company’s stock, valued at approximately $945,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Segall Bryant & Hamill LLC acquired a new stake in shares of United States Antimony during the 3rd quarter worth approximately $15,384,000. JPMorgan Chase & Co. raised its position in United States Antimony by 108.9% during the third quarter. JPMorgan Chase & Co. now owns 265,547 shares of the company’s stock valued at $1,646,000 after purchasing an additional 138,454 shares in the last quarter. Miller Global Investments LLC acquired a new position in United States Antimony during the fourth quarter valued at approximately $862,000. McGowan Group Asset Management Inc. bought a new stake in United States Antimony during the fourth quarter worth $2,216,000. Finally, Faithward Advisors LLC bought a new stake in United States Antimony during the fourth quarter worth $1,178,000. 9.49% of the stock is currently owned by institutional investors and hedge funds.

United States Antimony Trading Down 0.3%

Shares of United States Antimony stock opened at $7.83 on Monday. The firm’s 50 day moving average is $9.23 and its 200 day moving average is $8.37. The firm has a market capitalization of $1.16 billion, a PE ratio of -60.20 and a beta of 0.31. United States Antimony Co. has a 1 year low of $1.94 and a 1 year high of $19.71.

United States Antimony (NYSE:UAMY) last issued its quarterly earnings data on Thursday, March 19th. The company reported ($0.01) EPS for the quarter, meeting the consensus estimate of ($0.01). The business had revenue of $13.03 million during the quarter, compared to the consensus estimate of $11.75 million. United States Antimony had a negative net margin of 41.44% and a negative return on equity of 7.20%. As a group, research analysts anticipate that United States Antimony Co. will post 0.04 earnings per share for the current year.

Insider Buying and Selling at United States Antimony

In related news, Director Jon R. Marinelli bought 12,500 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were purchased at an average price of $7.45 per share, with a total value of $93,125.00. Following the completion of the purchase, the director owned 12,500 shares in the company, valued at $93,125. This represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Insiders own 4.20% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on UAMY. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of United States Antimony in a report on Wednesday. HC Wainwright boosted their price target on United States Antimony from $11.50 to $11.75 and gave the stock a “buy” rating in a report on Monday, May 18th. Finally, B. Riley Financial upped 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 analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, United States Antimony currently has a consensus rating of “Moderate Buy” and a consensus price target of $9.25.

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.