United States Antimony Co. (NYSE:UAMY) Given Consensus Rating of “Moderate Buy” by Brokerages

United States Antimony Co. (NYSE:UAMY) has earned an average rating of “Moderate Buy” from the six brokerages that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation and five have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $9.25.

UAMY has been the topic of a number of recent analyst reports. HC Wainwright boosted their price target on shares of United States Antimony from $11.50 to $11.75 and gave the stock a “buy” rating in a research report on Monday, May 18th. Weiss Ratings reiterated a “sell (d-)” rating on shares of United States Antimony in a research note on Wednesday, June 17th.

Insider Transactions at United States Antimony

In other news, Director Jon R. Marinelli purchased 12,500 shares of the stock in a transaction dated Monday, June 15th. The shares were bought at an average cost of $7.45 per share, for a total transaction of $93,125.00. Following the transaction, the director owned 12,500 shares in the company, valued at $93,125. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 4.20% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Goldman Sachs Group Inc. raised its position in United States Antimony by 36.3% in the first quarter. Goldman Sachs Group Inc. now owns 359,692 shares of the company’s stock worth $791,000 after acquiring an additional 95,811 shares in the last quarter. Geode Capital Management LLC lifted its holdings in United States Antimony by 144.6% in 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. Creative Planning bought a new position in shares of United States Antimony during the 2nd quarter valued at about $368,000. JPMorgan Chase & Co. boosted its position in shares of United States Antimony by 2,441.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 127,093 shares of the company’s stock valued at $277,000 after purchasing an additional 122,093 shares in the last quarter. Finally, Legal & General Group Plc acquired a new position in shares of United States Antimony in the 2nd quarter worth approximately $51,000. Institutional investors own 9.49% of the company’s stock.

United States Antimony Price Performance

UAMY opened at $5.17 on Friday. The stock’s 50 day moving average price is $7.33 and its 200 day moving average price is $8.51. The stock has a market cap of $766.88 million, a P/E ratio of -39.81 and a beta of 0.35. United States Antimony has a 12 month low of $2.80 and a 12 month high of $19.71.

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.