United States Antimony (NYSE:UAMY) Trading 10.5% Higher – Still a Buy?

United States Antimony Co. (NYSE:UAMY)’s stock price traded up 10.5% during trading on Monday . The stock traded as high as $5.56 and last traded at $5.6040. Approximately 3,145,491 shares were traded during trading, a decline of 73% from the average session volume of 11,735,663 shares. The stock had previously closed at $5.07.

Analyst Upgrades and Downgrades

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

United States Antimony Stock Up 1.8%

The firm has a market capitalization of $923.20 million, a price-to-earnings ratio of -47.92 and a beta of 0.39. The firm’s 50 day moving average is $6.93 and its 200 day moving average is $8.40.

Insider Activity

In related news, Director Jon R. Marinelli purchased 12,500 shares of the company’s stock in a transaction on Monday, June 15th. The shares were bought at an average price of $7.45 per share, with a total value of $93,125.00. Following the completion of the acquisition, the director owned 12,500 shares of the company’s stock, valued at approximately $93,125. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 5.50% of the company’s stock.

Hedge Funds Weigh In On United States Antimony

A number of hedge funds have recently modified their holdings of UAMY. Revisor Wealth Management LLC raised its position in shares of United States Antimony by 9.0% during the first quarter. Revisor Wealth Management LLC now owns 13,650 shares of the company’s stock worth $119,000 after purchasing an additional 1,125 shares during the period. Victory Capital Management Inc. boosted its position in shares of United States Antimony by 12.4% in the 3rd quarter. Victory Capital Management Inc. now owns 12,087 shares of the company’s stock valued at $75,000 after purchasing an additional 1,332 shares during the period. Geneos Wealth Management Inc. increased its stake in 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 increased its stake 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 purchasing an additional 1,939 shares in the last quarter. Finally, Lincoln Capital LLC raised its holdings in United States Antimony by 24.9% during the 1st quarter. Lincoln Capital LLC now owns 14,340 shares of the company’s stock worth $125,000 after buying an additional 2,857 shares during the period. 9.49% of the stock is currently owned by institutional investors and hedge funds.

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.