United States Antimony (NYSE:UAMY) Director Buys $93,125.00 in Stock

United States Antimony Co. (NYSE:UAMY) Director Jon Marinelli bought 12,500 shares of United States Antimony stock in a transaction on Monday, June 15th. The shares were acquired at an average price 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 of the company’s stock, valued at approximately $93,125. This represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.

United States Antimony Trading Down 0.3%

UAMY opened at $7.83 on Friday. The stock has a market capitalization of $1.16 billion, a P/E ratio of -60.20 and a beta of 0.31. The firm’s fifty day simple moving average is $9.23 and its 200 day simple moving average is $8.35. United States Antimony Co. has a 12 month low of $1.94 and a 12 month high of $19.71.

United States Antimony (NYSE:UAMY) last announced its earnings results on Thursday, March 19th. The company reported ($0.01) EPS for the quarter, hitting the consensus estimate of ($0.01). United States Antimony had a negative net margin of 41.44% and a negative return on equity of 7.20%. The business had revenue of $13.03 million during the quarter, compared to analysts’ expectations of $11.75 million. On average, equities research analysts predict that United States Antimony Co. will post 0.04 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. B. Riley Financial lifted their target price on United States Antimony from $9.00 to $11.00 and gave the stock a “buy” rating in a report on Tuesday, February 24th. Weiss Ratings restated a “sell (d-)” rating on shares of United States Antimony in a research note on Wednesday. Finally, HC Wainwright raised their price target on shares of United States Antimony from $11.50 to $11.75 and gave the company a “buy” rating in a research note on Monday, May 18th. Five research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, United States Antimony currently has a consensus rating of “Moderate Buy” and a consensus target price of $9.25.

Institutional Trading of United States Antimony

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. increased its position in shares of United States Antimony by 36.3% during the first quarter. Goldman Sachs Group Inc. now owns 359,692 shares of the company’s stock worth $791,000 after acquiring an additional 95,811 shares in the last quarter. Geode Capital Management LLC increased its position in shares of United States Antimony by 144.6% during the second quarter. Geode Capital Management LLC now owns 1,955,494 shares of the company’s stock valued at $4,264,000 after acquiring an additional 1,156,021 shares during the last quarter. Creative Planning purchased a new stake in shares of United States Antimony during the 2nd quarter valued at $368,000. JPMorgan Chase & Co. increased its holdings in United States Antimony by 2,441.9% during the second quarter. JPMorgan Chase & Co. now owns 127,093 shares of the company’s stock worth $277,000 after buying an additional 122,093 shares during the last quarter. Finally, Legal & General Group Plc bought a new stake in shares of United States Antimony in the 2nd quarter worth approximately $51,000. 9.49% of the stock is owned by institutional investors.

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.