United States Antimony (NYSE:UAMY) Shares Up 7.2% – Time to Buy?

United States Antimony Co. (NYSE:UAMY) shares traded up 7.2% on Tuesday . The company traded as high as $5.55 and last traded at $5.5760. 1,364,256 shares changed hands during trading, a decline of 88% from the average daily volume of 11,117,610 shares. The stock had previously closed at $5.20.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on UAMY shares. Weiss Ratings reissued a “sell (d-)” rating on shares of United States Antimony in a research note on Wednesday, June 17th. HC Wainwright dropped their price target on shares of United States Antimony from $11.75 to $9.25 and set a “buy” rating on the stock in a research note on Wednesday, August 12th. Four analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $10.12.

United States Antimony Stock Performance

The company has a market capitalization of $792.50 million, a P/E ratio of -40.73 and a beta of 0.39. The company has a 50-day simple moving average of $5.71 and a 200 day simple moving average of $7.85.

Insider Transactions at United States Antimony

In other news, Director Jon R. Marinelli acquired 12,500 shares of the stock in a transaction dated Monday, June 15th. The shares were acquired at an average cost of $7.45 per share, for a total transaction of $93,125.00. Following the completion of the transaction, the director owned 12,500 shares in the company, valued at approximately $93,125. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Lloyd Bardswich bought 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 1st. The stock was purchased at an average price of $4.63 per share, with a total value of $92,600.00. Following the completion of the purchase, the executive vice president directly owned 932,881 shares of the company’s stock, valued at $4,319,239.03. This represents a 2.19% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders acquired 75,200 shares of company stock valued at $391,717 in the last ninety days. 5.50% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On United States Antimony

Institutional investors and hedge funds have recently bought and sold shares of the business. KBC Group NV bought a new position in shares of United States Antimony during the 1st quarter worth about $31,000. Meeder Asset Management Inc. acquired a new position in United States Antimony in the fourth quarter worth about $35,000. Harbour Investments Inc. raised its position in United States Antimony by 106.2% in the fourth 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. Geneos Wealth Management Inc. lifted its stake in United States Antimony by 17.9% during the first quarter. Geneos Wealth Management Inc. now owns 9,892 shares of the company’s stock worth $86,000 after purchasing an additional 1,500 shares during the period. Finally, Focus Partners Wealth acquired a new stake in United States Antimony during the third quarter valued at approximately $62,000. 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.