United States Antimony (NYSEAMERICAN:UAMY) Shares Down 6.3% – Time to Sell?

United States Antimony Co. (NYSEAMERICAN:UAMY) shares traded down 6.3% during mid-day trading on Tuesday . The stock traded as low as $10.23 and last traded at $10.2850. 4,771,704 shares were traded during mid-day trading, a decline of 68% from the average session volume of 14,917,823 shares. The stock had previously closed at $10.98.

Wall Street Analysts Forecast Growth

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

United States Antimony Stock Down 9.3%

The business has a fifty day moving average of $8.81 and a 200 day moving average of $7.74. The firm has a market cap of $1.31 billion, a P/E ratio of -934.00 and a beta of -0.01.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Victory Capital Management Inc. boosted its position in shares of United States Antimony by 12.4% during the third quarter. Victory Capital Management Inc. now owns 12,087 shares of the company’s stock worth $75,000 after purchasing an additional 1,332 shares in the last quarter. Leo Wealth LLC lifted its holdings in United States Antimony by 12.9% during the fourth quarter. Leo Wealth LLC now owns 16,939 shares of the company’s stock worth $85,000 after acquiring an additional 1,939 shares in the last quarter. Jones Financial Companies Lllp grew its stake in United States Antimony by 28.1% in the third quarter. Jones Financial Companies Lllp now owns 10,130 shares of the company’s stock valued at $63,000 after acquiring an additional 2,223 shares during the period. Sanctuary Advisors LLC raised its position in shares of United States Antimony by 27.7% during the fourth quarter. Sanctuary Advisors LLC now owns 14,052 shares of the company’s stock worth $71,000 after purchasing an additional 3,052 shares during the period. Finally, Nova Wealth Management Inc. raised its position in shares of United States Antimony by 405.0% during the third quarter. Nova Wealth Management Inc. now owns 5,050 shares of the company’s stock worth $31,000 after purchasing an additional 4,050 shares during the period. 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.