Investors Buy High Volume of United States Antimony Call Options (NYSEAMERICAN:UAMY)

United States Antimony Co. (NYSEAMERICAN:UAMY) was the recipient of some unusual options trading on Tuesday. Stock traders bought 40,379 call options on the stock. This represents an increase of approximately 56% compared to the average volume of 25,819 call options.

United States Antimony Stock Performance

UAMY traded down $0.42 during trading on Tuesday, reaching $5.19. 9,023,839 shares of the company traded hands, compared to its average volume of 7,182,407. The company has a market cap of $726.81 million, a P/E ratio of -519.00 and a beta of 0.01. United States Antimony has a 12-month low of $1.21 and a 12-month high of $19.71. The firm has a fifty day simple moving average of $6.94 and a 200 day simple moving average of $5.71.

United States Antimony (NYSEAMERICAN:UAMY) last announced its quarterly earnings results on Wednesday, November 12th. The company reported ($0.04) EPS for the quarter. The firm had revenue of $8.70 million for the quarter. United States Antimony had a negative net margin of 15.49% and a negative return on equity of 11.58%. As a group, sell-side analysts expect that United States Antimony will post -0.01 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. William Blair assumed coverage on shares of United States Antimony in a report on Monday, October 20th. They issued an “outperform” rating on the stock. HC Wainwright boosted their price target on shares of United States Antimony from $8.50 to $10.25 and gave the stock a “buy” rating in a research report on Thursday, November 13th. One analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the stock. According to data from MarketBeat.com, United States Antimony currently has an average rating of “Buy” and a consensus price target of $6.08.

Institutional Investors Weigh In On United States Antimony

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Penn Capital Management Company LLC purchased a new stake in United States Antimony during the 3rd quarter worth approximately $329,000. Wexford Capital LP acquired a new position in shares of United States Antimony in the 3rd quarter valued at $1,979,000. Numerai GP LLC acquired a new stake in United States Antimony during the third quarter valued at $131,000. Millennium Management LLC raised its position in shares of United States Antimony by 198.7% in the third quarter. Millennium Management LLC now owns 242,885 shares of the company’s stock worth $1,506,000 after acquiring an additional 161,569 shares during the period. Finally, Lighthouse Investment Partners LLC purchased a new stake in shares of United States Antimony during the 3rd quarter worth about $1,860,000. Hedge funds and other 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.