United States Antimony (NYSE:UAMY) Shares Gap Down – What’s Next?

United States Antimony Co. (NYSE:UAMY) gapped down prior to trading on Friday . The stock had previously closed at $12.56, but opened at $11.01. United States Antimony shares last traded at $11.37, with a volume of 6,413,092 shares traded.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on UAMY shares. HC Wainwright upped their price target on shares of United States Antimony from $4.50 to $8.50 and gave the stock a “buy” rating in a research note on Friday, September 26th. D. Boral Capital reaffirmed a “buy” rating and issued a $5.00 price target on shares of United States Antimony in a research note on Thursday, August 14th. One investment analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $4.38.

United States Antimony Price Performance

The stock has a market capitalization of $1.53 billion, a P/E ratio of -279.75 and a beta of -0.10. The stock’s fifty day moving average is $6.58 and its 200-day moving average is $4.18. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.24 and a quick ratio of 5.84.

Insider Transactions at United States Antimony

In other United States Antimony news, CEO Gary C. Evans acquired 100,000 shares of the firm’s stock in a transaction that occurred on Friday, September 26th. The stock was purchased at an average cost of $6.13 per share, for a total transaction of $613,000.00. Following the completion of the acquisition, the chief executive officer owned 2,378,818 shares of the company’s stock, valued at approximately $14,582,154.34. This trade represents a 4.39% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 4.20% of the company’s stock.

Institutional Investors Weigh In On United States Antimony

A number of hedge funds have recently bought and sold shares of the company. Perigon Wealth Management LLC bought a new stake in United States Antimony during the third quarter valued at about $258,000. Harbour Capital Advisors LLC bought a new stake in United States Antimony during the third quarter valued at about $325,000. Nova Wealth Management Inc. boosted its holdings in United States Antimony by 405.0% during the third quarter. Nova Wealth Management Inc. now owns 5,050 shares of the company’s stock valued at $31,000 after acquiring an additional 4,050 shares during the period. Moody National Bank Trust Division bought a new stake in United States Antimony during the third quarter valued at about $505,000. Finally, Man Group plc bought a new stake in United States Antimony during the second quarter valued at about $237,000. 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.