B. Riley Begins Coverage on United States Antimony (NYSE:UAMY)

Research analysts at B. Riley initiated coverage on shares of United States Antimony (NYSE:UAMY) in a note issued to investors on Friday, MarketBeat reports. The brokerage set a “buy” rating and a $3.00 price target on the stock. B. Riley’s target price points to a potential upside of 42.18% from the company’s previous close.

Separately, HC Wainwright upped their target price on United States Antimony from $2.50 to $2.60 and gave the stock a “buy” rating in a research note on Friday.

United States Antimony Trading Up 17.9 %

Shares of UAMY stock opened at $2.11 on Friday. The stock has a 50 day simple moving average of $1.68 and a 200 day simple moving average of $1.24. The company has a current ratio of 6.24, a quick ratio of 5.84 and a debt-to-equity ratio of 0.01. United States Antimony has a 1 year low of $0.21 and a 1 year high of $2.35. The stock has a market cap of $228.82 million, a P/E ratio of -52.75 and a beta of 0.67.

Institutional Investors Weigh In On United States Antimony

Several institutional investors and hedge funds have recently added to or reduced their stakes in UAMY. Kingsview Wealth Management LLC bought a new stake in United States Antimony during the fourth quarter worth $35,000. Cetera Investment Advisers acquired a new position in shares of United States Antimony during the fourth quarter worth $40,000. Tower Research Capital LLC TRC increased its holdings in shares of United States Antimony by 2,205.1% during the fourth quarter. Tower Research Capital LLC TRC now owns 26,716 shares of the company’s stock worth $47,000 after buying an additional 25,557 shares in the last quarter. Jefferies Financial Group Inc. acquired a new position in shares of United States Antimony during the fourth quarter worth $52,000. Finally, Commonwealth Equity Services LLC increased its holdings in shares of United States Antimony by 47.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 30,060 shares of the company’s stock worth $53,000 after buying an additional 9,630 shares in the last quarter. 9.49% of the stock is currently owned by institutional investors.

About United States Antimony

United States Antimony Corporation produces and sells antimony, silver, gold, precious metals, and zeolite products in the United States, and Canada. It operates through Antimony, Zeolite, and Precious Metals segments. The company offers antimony oxide that is primarily used in conjunction with a halogen to form a synergistic flame retardant system for plastics, rubber, fiberglass, textile goods, paints, coatings, and paper, as well as color fastener in paints and as a phosphorescent agent in fluorescent light bulbs; antimony trisulfide used as a primer in ammunition; and antimony metal for use in bearings, storage batteries, and ordnance.