United States Antimony (NYSEAMERICAN:UAMY) Shares Gap Up – Here’s What Happened

United States Antimony Co. (NYSEAMERICAN:UAMY)’s share price gapped up prior to trading on Monday . The stock had previously closed at $10.85, but opened at $11.92. United States Antimony shares last traded at $10.0010, with a volume of 6,212,828 shares trading hands.

Analyst Ratings Changes

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

United States Antimony Stock Down 2.1%

The stock has a market capitalization of $1.36 billion, a P/E ratio of -970.00 and a beta of -0.01. The business has a fifty day moving average price of $6.67 and a 200-day moving average price of $6.51.

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

Institutional Trading of United States Antimony

Several hedge funds have recently bought and sold shares of UAMY. Goldman Sachs Group Inc. grew 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 valued at $791,000 after purchasing an additional 95,811 shares in the last quarter. Truist Financial Corp grew its holdings in United States Antimony by 14.1% during the 2nd quarter. Truist Financial Corp now owns 2,028,818 shares of the company’s stock valued at $4,423,000 after buying an additional 250,000 shares in the last quarter. Penbrook Management LLC bought a new stake in United States Antimony in the 2nd quarter worth approximately $44,000. ProShare Advisors LLC purchased a new stake in shares of United States Antimony during the 2nd quarter worth approximately $41,000. Finally, Geode Capital Management LLC boosted its position in shares of United States Antimony by 144.6% during the 2nd 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. Hedge funds and other institutional investors own 9.49% of the company’s stock.

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.