United States Antimony Co. (NYSE:UAMY) Stock Rated “Moderate Buy” by Wall Street Brokerages

Shares of United States Antimony Co. (NYSE:UAMY) have earned an average recommendation of “Moderate Buy” from the six ratings firms that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, four have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $10.12.

Several equities analysts have recently weighed in on UAMY shares. Texas Capital raised shares of United States Antimony to a “strong-buy” rating in a report on Wednesday, October 7th. Weiss Ratings reissued a “sell (d-)” rating on shares of United States Antimony in a report on Monday, September 14th. Finally, HC Wainwright lowered their price target on shares of United States Antimony from $11.75 to $9.25 and set a “buy” rating on the stock in a report on Wednesday, August 12th.

United States Antimony Price Performance

Shares of NYSE:UAMY opened at $2.77 on Friday. United States Antimony has a 12-month low of $2.64 and a 12-month high of $14.13. The business has a 50 day moving average of $4.77 and a two-hundred day moving average of $6.90.

Insider Buying and Selling at United States Antimony

In other news, EVP Lloyd EVP, Chief Mining Officer, & Director bought 20,000 shares of the stock in a transaction dated Tuesday, September 1st. The shares were acquired at an average cost of $4.63 per share, with a total value of $92,600.00. Following the purchase, the executive vice president directly owned 932,881 shares in the company, valued at $4,319,239.03. The trade was a 2.19% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Joseph A. Carrabba bought 21,300 shares of the company’s stock in a transaction dated Tuesday, September 1st. The shares were acquired at an average price of $4.72 per share, for a total transaction of $100,536.00. Following the completion of the transaction, the director directly owned 198,401 shares in the company, valued at approximately $936,452.72. This trade represents a 12.03% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders bought 62,700 shares of company stock valued at $298,592. 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 bought and sold shares of the business. BlackRock Inc. purchased a new stake in shares of United States Antimony in the second quarter valued at approximately $82,365,000. Bank of America Corp DE purchased a new position in shares of United States Antimony during the 2nd quarter valued at approximately $4,208,000. Next Century Growth Investors LLC purchased a new position in shares of United States Antimony during the 4th quarter valued at approximately $2,412,000. Bank of New York Mellon Corp acquired a new stake in United States Antimony in the 2nd quarter valued at $2,871,000. Finally, Orchard Capital Management LLC acquired a new stake in United States Antimony in the 2nd quarter valued at $2,230,000. Hedge funds and other institutional investors own 9.49% of the company’s stock.

United States Antimony Company Profile

United States Antimony Corporation, through its subsidiaries, produces and sells antimony, precious metals and related specialty materials. Its products include antimony oxide, antimony metal, sodium antimonate and other antimony compounds used in applications such as flame retardants, ceramics, glass, pigments, batteries and other industrial products.

The company also processes and refines antimony-bearing materials and recovers precious metals from selected raw materials and recyclable sources.