United States Antimony Sees Unusually Large Options Volume (NYSE:UAMY)

United States Antimony Co. (NYSE:UAMY) was the recipient of some unusual options trading on Thursday. Traders bought 25,413 call options on the company. This represents an increase of 44% compared to the typical daily volume of 17,645 call options.

Insider Activity at United States Antimony

In other United States Antimony news, CEO Gary C. Evans bought 100,000 shares of the company’s stock in a transaction dated Friday, September 26th. The shares were purchased at an average cost of $6.13 per share, for a total transaction of $613,000.00. Following the transaction, the chief executive officer directly owned 2,378,818 shares of the company’s stock, valued at approximately $14,582,154.34. The trade was a 4.39% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. 4.20% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Truist Financial Corp lifted its stake in United States Antimony by 14.1% in the 2nd quarter. Truist Financial Corp now owns 2,028,818 shares of the company’s stock worth $4,423,000 after purchasing an additional 250,000 shares in the last quarter. Geode Capital Management LLC lifted its stake 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 worth $4,264,000 after purchasing an additional 1,156,021 shares in the last quarter. Marshall Wace LLP lifted its stake in United States Antimony by 8.7% in the 2nd quarter. Marshall Wace LLP now owns 598,817 shares of the company’s stock worth $1,305,000 after purchasing an additional 47,885 shares in the last quarter. Soviero Asset Management LP lifted its stake in United States Antimony by 180.2% in the 2nd quarter. Soviero Asset Management LP now owns 510,000 shares of the company’s stock worth $1,112,000 after purchasing an additional 328,000 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its position in shares of United States Antimony by 272.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 457,784 shares of the company’s stock valued at $998,000 after buying an additional 334,725 shares during the period. 9.49% of the stock is owned by hedge funds and other institutional investors.

United States Antimony Trading Down 10.5%

UAMY opened at $11.73 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.24 and a quick ratio of 5.84. The company’s 50 day simple moving average is $7.28 and its two-hundred day simple moving average is $4.46. United States Antimony has a 1-year low of $0.49 and a 1-year high of $19.71. The firm has a market capitalization of $1.63 billion, a price-to-earnings ratio of -293.25 and a beta of -0.10.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on UAMY shares. HC Wainwright lifted their price objective on United States Antimony from $4.50 to $8.50 and gave the stock a “buy” rating in a report on Friday, September 26th. D. Boral Capital reiterated a “buy” rating and issued a $5.00 price objective on shares of United States Antimony in a report on Thursday, August 14th. Finally, William Blair started coverage on United States Antimony in a report on Monday. They issued an “outperform” rating on the stock. One analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company’s stock. According to MarketBeat.com, United States Antimony has a consensus rating of “Buy” and a consensus target price of $4.38.

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.