HC Wainwright Has Lowered Expectations for United States Antimony (NYSE:UAMY) Stock Price

United States Antimony (NYSE:UAMY) had its price target lowered by investment analysts at HC Wainwright from $11.75 to $9.25 in a report released on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. HC Wainwright’s price target points to a potential upside of 40.15% from the company’s previous close.

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of United States Antimony in a research note on Wednesday, June 17th. Five investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $8.42.

United States Antimony Stock Performance

Shares of United States Antimony stock opened at $6.60 on Wednesday. The business’s 50 day simple moving average is $6.65 and its 200 day simple moving average is $8.32. United States Antimony has a 52-week low of $3.41 and a 52-week high of $19.71. The firm has a market cap of $978.05 million, a PE ratio of -50.77 and a beta of 0.39.

Insider Activity at United States Antimony

In related news, Director Jon R. Marinelli acquired 12,500 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was bought at an average price of $7.45 per share, for a total transaction of $93,125.00. Following the acquisition, the director directly owned 12,500 shares of the company’s stock, valued at approximately $93,125. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 5.50% of the stock is currently owned by corporate insiders.

Institutional Trading of United States Antimony

Institutional investors and hedge funds have recently bought and sold shares of the stock. KBC Group NV acquired a new position in United States Antimony during the first quarter valued at approximately $31,000. Raymond James Financial Inc. acquired a new position in shares of United States Antimony during the 2nd quarter worth approximately $33,000. Meeder Asset Management Inc. bought a new stake in shares of United States Antimony during the 4th quarter worth approximately $35,000. Harbour Investments Inc. raised its stake in shares of United States Antimony by 106.2% during the 4th quarter. Harbour Investments Inc. now owns 7,962 shares of the company’s stock worth $40,000 after purchasing an additional 4,101 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its holdings in shares of United States Antimony by 925.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 10,250 shares of the company’s stock valued at $51,000 after buying an additional 9,250 shares during the last quarter. Institutional investors own 9.49% of the company’s stock.

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.