HC Wainwright Reiterates Buy Rating for United States Antimony (NYSEAMERICAN:UAMY)

United States Antimony (NYSEAMERICAN:UAMY)‘s stock had its “buy” rating reaffirmed by research analysts at HC Wainwright in a research report issued on Tuesday,Benzinga reports. They currently have a $10.25 price target on the stock. HC Wainwright’s price target points to a potential upside of 30.41% from the company’s previous close.

Separately, William Blair assumed coverage on shares of United States Antimony in a research note on Monday, October 20th. They set an “outperform” rating on the stock. One research analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company’s stock. Based on data from MarketBeat, United States Antimony presently has a consensus rating of “Buy” and a consensus target price of $6.08.

United States Antimony Stock Up 7.2%

Shares of United States Antimony stock opened at $7.86 on Tuesday. The business has a fifty day simple moving average of $6.85 and a 200 day simple moving average of $6.65. The stock has a market cap of $1.10 billion, a PE ratio of -786.00 and a beta of 0.10. United States Antimony has a 12 month low of $1.21 and a 12 month high of $19.71.

United States Antimony (NYSEAMERICAN:UAMY) last released its earnings results on Wednesday, November 12th. The company reported ($0.04) earnings per share for the quarter. The company had revenue of $8.70 million during the quarter. United States Antimony had a negative net margin of 15.49% and a negative return on equity of 11.58%. Analysts expect that United States Antimony will post -0.01 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in UAMY. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of United States Antimony during the fourth quarter worth $83,000. Cypress Point Wealth Management LLC acquired a new stake in shares of United States Antimony in the 4th quarter valued at about $372,000. Delta Investment Management LLC bought a new stake in shares of United States Antimony in the fourth quarter valued at about $65,000. Wealthfront Advisers LLC acquired a new position in shares of United States Antimony during the fourth quarter worth about $75,000. Finally, Pictet Asset Management Holding SA acquired a new position in shares of United States Antimony during the fourth quarter worth about $63,000. Institutional investors and hedge funds 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.