United States Antimony (NYSE:UAMY) Director Joseph Carrabba Purchases 21,300 Shares

United States Antimony Co. (NYSE:UAMY) Director Joseph Carrabba purchased 21,300 shares of United States Antimony stock in a transaction that occurred on Tuesday, September 1st. The shares were bought at an average cost of $4.72 per share, with a total value of $100,536.00. Following the completion of the transaction, the director directly owned 198,401 shares of the company’s stock, valued at approximately $936,452.72. The trade was a 12.03% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

United States Antimony Trading Down 4.1%

United States Antimony stock opened at $4.67 on Wednesday. The company has a market capitalization of $698.96 million, a price-to-earnings ratio of -35.92 and a beta of 0.39. United States Antimony Co. has a 12 month low of $4.14 and a 12 month high of $19.71. The stock’s 50 day moving average is $5.92 and its 200-day moving average is $7.94.

Institutional Investors Weigh In On United States Antimony

A number of hedge funds have recently made changes to their positions in UAMY. KBC Group NV purchased a new position in United States Antimony in the first quarter valued at about $31,000. Raymond James Financial Inc. bought a new position in shares of United States Antimony in the second quarter worth $33,000. Meeder Asset Management Inc. bought a new position in United States Antimony in the 4th quarter worth about $35,000. Harbour Investments Inc. grew its stake in United States Antimony by 106.2% during the fourth quarter. Harbour Investments Inc. now owns 7,962 shares of the company’s stock valued at $40,000 after acquiring an additional 4,101 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC grew its position in shares of United States Antimony by 925.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 10,250 shares of the company’s stock valued at $51,000 after purchasing an additional 9,250 shares in the last quarter. 9.49% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have weighed in on UAMY. HC Wainwright lowered their target price on United States Antimony from $11.75 to $9.25 and set a “buy” rating for the company in a report on Wednesday, August 12th. Weiss Ratings restated a “sell (d-)” rating on shares of United States Antimony in a report on Wednesday, June 17th. Four 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, United States Antimony presently has a consensus rating of “Moderate Buy” and a consensus target price of $10.12.

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.