HC Wainwright Forecasts Strong Price Appreciation for United States Antimony (NYSE:UAMY) Stock

United States Antimony (NYSE:UAMY) had its target price boosted by analysts at HC Wainwright from $2.50 to $2.60 in a note issued to investors on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. HC Wainwright’s target price would indicate a potential upside of 23.22% from the company’s previous close. HC Wainwright also issued estimates for United States Antimony’s FY2025 earnings at $0.04 EPS.

United States Antimony Trading Up 17.9 %

UAMY stock opened at $2.11 on Friday. The business has a fifty day moving average price of $1.68 and a 200 day moving average price of $1.24. United States Antimony has a fifty-two week low of $0.21 and a fifty-two week high of $2.35. The stock has a market capitalization of $228.82 million, a price-to-earnings ratio of -52.75 and a beta of 0.67. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.24 and a quick ratio of 5.84.

Institutional Investors Weigh In On United States Antimony

Hedge funds and other institutional investors have recently bought and sold shares of the business. Truist Financial Corp increased its stake in shares of United States Antimony by 15.1% in the 4th quarter. Truist Financial Corp now owns 1,528,818 shares of the company’s stock valued at $2,706,000 after buying an additional 200,000 shares during the period. Renaissance Technologies LLC increased its stake in shares of United States Antimony by 30.6% in the 4th quarter. Renaissance Technologies LLC now owns 971,900 shares of the company’s stock valued at $1,720,000 after buying an additional 228,000 shares during the period. Geode Capital Management LLC increased its stake in shares of United States Antimony by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 788,728 shares of the company’s stock valued at $1,397,000 after buying an additional 16,905 shares during the period. Miracle Mile Advisors LLC acquired a new stake in shares of United States Antimony in the 4th quarter valued at $930,000. Finally, Two Sigma Investments LP acquired a new stake in shares of United States Antimony in the 4th quarter valued at $565,000. 9.49% of the stock is owned by institutional investors and hedge funds.

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.