Stock Traders Buy High Volume of United States Antimony Put Options (NYSE:UAMY)

United States Antimony Co. (NYSE:UAMY) saw some unusual options trading activity on Friday. Investors purchased 10,061 put options on the stock. Thisisanincreaseofapproximately181% compared to the typical volume of 3,579 put options.

Institutional Investors Weigh In On United States Antimony

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Man Group plc bought a new stake in shares of United States Antimony during the second quarter valued at about $237,000. Raymond James Financial Inc. acquired a new position in United States Antimony during the second quarter worth about $33,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in United States Antimony during the second quarter worth about $109,000. The Manufacturers Life Insurance Company acquired a new position in United States Antimony during the second quarter worth about $75,000. Finally, Soviero Asset Management LP grew its holdings in United States Antimony by 180.2% during the second quarter. Soviero Asset Management LP now owns 510,000 shares of the company’s stock worth $1,112,000 after acquiring an additional 328,000 shares during the period. 9.49% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

UAMY has been the subject of several analyst reports. D. Boral Capital reissued a “buy” rating and set a $5.00 price target on shares of United States Antimony in a report on Thursday. Wall Street Zen downgraded shares of United States Antimony from a “hold” rating to a “sell” rating in a report on Thursday, May 15th. D Boral Capital raised shares of United States Antimony to a “strong-buy” rating in a report on Wednesday, April 23rd. Finally, HC Wainwright reissued a “buy” rating and set a $4.50 price target on shares of United States Antimony in a report on Wednesday. One investment analyst has rated the stock with a sell rating, four have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, United States Antimony presently has a consensus rating of “Moderate Buy” and a consensus target price of $3.38.

United States Antimony Price Performance

Shares of NYSE UAMY opened at $4.27 on Friday. United States Antimony has a fifty-two week low of $0.49 and a fifty-two week high of $4.42. The firm’s 50-day simple moving average is $3.06 and its 200 day simple moving average is $2.58. The company has a quick ratio of 5.84, a current ratio of 6.24 and a debt-to-equity ratio of 0.01. The stock has a market cap of $508.56 million, a P/E ratio of -106.75 and a beta of 0.11.

United States Antimony Company Profile

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.