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 Tuesday . The stock had previously closed at $8.23, but opened at $9.00. United States Antimony shares last traded at $8.4020, with a volume of 4,127,113 shares changing hands.

Analysts Set New Price Targets

Several research firms have commented on UAMY. William Blair began coverage on United States Antimony in a research note on Monday, October 20th. They issued an “outperform” rating on the stock. HC Wainwright reissued a “buy” rating and set a $10.25 price target on shares of United States Antimony in a research report on Tuesday, February 3rd. Four research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $6.08.

United States Antimony Stock Up 1.5%

The stock has a market capitalization of $1.17 billion, a price-to-earnings ratio of -839.00 and a beta of 0.10. The company’s fifty day simple moving average is $7.11 and its 200 day simple moving average is $6.82.

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

Institutional Trading of United States Antimony

Several institutional investors have recently added to or reduced their stakes in UAMY. Segall Bryant & Hamill LLC bought a new position in United States Antimony during the 3rd quarter worth $15,384,000. Geode Capital Management LLC increased its position in 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 worth $4,264,000 after acquiring an additional 1,156,021 shares during the period. UBS Group AG raised its stake in United States Antimony by 416.0% in the 4th quarter. UBS Group AG now owns 1,283,636 shares of the company’s stock worth $6,444,000 after purchasing an additional 1,034,880 shares in the last quarter. Vanguard Group Inc. boosted its holdings in United States Antimony by 22.5% in the 3rd quarter. Vanguard Group Inc. now owns 5,597,951 shares of the company’s stock valued at $34,707,000 after purchasing an additional 1,026,412 shares during the period. Finally, Jump Financial LLC bought a new stake in United States Antimony in the 3rd quarter valued at about $4,305,000. 9.49% of the stock is currently owned by institutional investors.

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.