United States Antimony Co. (NYSEAMERICAN:UAMY) Given Average Rating of “Buy” by Brokerages

Shares of United States Antimony Co. (NYSEAMERICAN:UAMY) have earned a consensus recommendation of “Buy” from the five brokerages that are presently covering the firm, MarketBeat.com reports. Four investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $6.0833.

Several analysts have recently commented on the stock. D. Boral Capital reaffirmed a “buy” rating and set a $5.00 price target on shares of United States Antimony in a research report on Thursday, August 14th. HC Wainwright raised their price target on shares of United States Antimony from $8.50 to $10.25 and gave the company a “buy” rating in a research report on Thursday, November 13th. Finally, William Blair initiated coverage on shares of United States Antimony in a research note on Monday, October 20th. They set an “outperform” rating on the stock.

United States Antimony Trading Up 15.0%

UAMY stock opened at $6.12 on Friday. The firm has a 50-day moving average of $8.53 and a two-hundred day moving average of $5.32. United States Antimony has a 12 month low of $1.06 and a 12 month high of $19.71. The company has a market cap of $857.04 million, a price-to-earnings ratio of -612.00 and a beta of 0.01.

United States Antimony (NYSEAMERICAN:UAMY) last posted its quarterly earnings results on Wednesday, November 12th. The company reported ($0.04) earnings per share (EPS) for the quarter. United States Antimony had a negative net margin of 15.49% and a negative return on equity of 11.58%. The company had revenue of $8.70 million during the quarter. As a group, equities analysts forecast that United States Antimony will post -0.01 earnings per share for the current year.

Insider Transactions at United States Antimony

In related news, CEO Gary C. Evans purchased 100,000 shares of the company’s stock in a transaction on Friday, September 26th. The shares were bought at an average cost of $6.13 per share, for a total transaction of $613,000.00. Following the completion of the purchase, the chief executive officer directly 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 purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. 4.20% of the stock is owned by company insiders.

Hedge Funds Weigh In On United States Antimony

Institutional investors have recently modified their holdings of the business. Victory Capital Management Inc. boosted its stake in United States Antimony by 12.4% during the 3rd quarter. Victory Capital Management Inc. now owns 12,087 shares of the company’s stock worth $75,000 after purchasing an additional 1,332 shares during the period. Jones Financial Companies Lllp raised its holdings in shares of United States Antimony by 28.1% in the third quarter. Jones Financial Companies Lllp now owns 10,130 shares of the company’s stock valued at $63,000 after buying an additional 2,223 shares during the last quarter. Nova Wealth Management Inc. boosted its stake in shares of United States Antimony by 405.0% during the third quarter. Nova Wealth Management Inc. now owns 5,050 shares of the company’s stock worth $31,000 after buying an additional 4,050 shares during the period. Jefferies Financial Group Inc. grew its holdings in shares of United States Antimony by 23.7% during the first quarter. Jefferies Financial Group Inc. now owns 36,256 shares of the company’s stock worth $80,000 after buying an additional 6,956 shares during the last quarter. Finally, Geneos Wealth Management Inc. purchased a new position in shares of United States Antimony during the third quarter worth about $49,000. 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.