United States Antimony (NYSEAMERICAN:UAMY) Stock Price Up 9% – What’s Next?

United States Antimony Co. (NYSEAMERICAN:UAMY) shares were up 9% on Monday . The company traded as high as $10.16 and last traded at $10.05. Approximately 3,030,214 shares traded hands during mid-day trading, a decline of 79% from the average daily volume of 14,702,209 shares. The stock had previously closed at $9.22.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on UAMY shares. Alliance Global Partners restated a “buy” rating on shares of United States Antimony in a report on Wednesday, February 11th. HC Wainwright reiterated a “buy” rating and set a $10.25 target price on shares of United States Antimony in a report on Tuesday, February 3rd. Finally, B. Riley Financial boosted their price target on United States Antimony from $9.00 to $11.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. Five research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, United States Antimony currently has a consensus rating of “Buy” and an average target price of $8.75.

United States Antimony Stock Performance

The firm’s 50-day simple moving average is $8.63 and its 200 day simple moving average is $7.65. The stock has a market capitalization of $1.50 billion, a P/E ratio of -1,068.50 and a beta of -0.01.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. CoreCap Advisors LLC acquired a new stake in shares of United States Antimony in the 4th quarter valued at approximately $27,000. Nova Wealth Management Inc. increased its stake in shares of United States Antimony by 405.0% during the 3rd quarter. Nova Wealth Management Inc. now owns 5,050 shares of the company’s stock worth $31,000 after purchasing an additional 4,050 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of United States Antimony in the 2nd quarter valued at about $33,000. Meeder Asset Management Inc. acquired a new stake in United States Antimony in the 4th quarter valued at about $35,000. Finally, Harbour Investments Inc. lifted its stake in United States Antimony by 106.2% in the 4th quarter. Harbour Investments Inc. now owns 7,962 shares of the company’s stock valued at $40,000 after purchasing an additional 4,101 shares during the last quarter. 9.49% of the stock is owned by institutional investors and hedge funds.

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.