United States Antimony (NYSE:UAMY) Trading Down 6.9% – Should You Sell?

United States Antimony Co. (NYSE:UAMY) traded down 6.9% during trading on Wednesday . The stock traded as low as $5.98 and last traded at $6.0040. Approximately 1,921,965 shares traded hands during trading, a decline of 84% from the average daily volume of 12,332,483 shares. The stock had previously closed at $6.45.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Weiss Ratings restated a “sell (d-)” rating on shares of United States Antimony in a research report on Wednesday, June 17th. HC Wainwright lifted their price target on United States Antimony from $11.50 to $11.75 and gave the company a “buy” rating in a research report on Monday, May 18th. Five research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, United States Antimony currently has an average rating of “Moderate Buy” and an average price target of $9.25.

United States Antimony Price Performance

The stock has a 50 day moving average price of $8.12 and a 200-day moving average price of $8.53. The stock has a market capitalization of $900.23 million, a P/E ratio of -46.65 and a beta of 0.35.

Insider Activity at United States Antimony

In other news, Director Jon R. Marinelli bought 12,500 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was bought at an average cost of $7.45 per share, for a total transaction of $93,125.00. Following the completion of the acquisition, the director owned 12,500 shares in the company, valued at approximately $93,125. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 4.20% of the company’s stock.

Hedge Funds Weigh In On United States Antimony

Hedge funds and other institutional investors have recently made changes to their positions in the business. Revisor Wealth Management LLC lifted its position in United States Antimony by 9.0% during the first quarter. Revisor Wealth Management LLC now owns 13,650 shares of the company’s stock valued at $119,000 after buying an additional 1,125 shares during the period. Victory Capital Management Inc. grew its holdings 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 valued at $75,000 after buying an additional 1,332 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in shares of United States Antimony by 17.9% in the 1st 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 in the last quarter. Leo Wealth LLC raised its position in United States Antimony by 12.9% in the 4th quarter. Leo Wealth LLC now owns 16,939 shares of the company’s stock worth $85,000 after buying an additional 1,939 shares during the last quarter. Finally, Lincoln Capital LLC raised its stake in United States Antimony by 24.9% during the 1st quarter. Lincoln Capital LLC now owns 14,340 shares of the company’s stock valued at $125,000 after buying an additional 2,857 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.