United States Antimony (NYSEAMERICAN:UAMY) Trading 7.1% Higher – Here’s What Happened

United States Antimony Co. (NYSEAMERICAN:UAMY) shares traded up 7.1% on Friday . The company traded as high as $9.44 and last traded at $9.3930. 1,404,676 shares traded hands during trading, a decline of 90% from the average session volume of 14,033,066 shares. The stock had previously closed at $8.77.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Alliance Global Partners reaffirmed a “buy” rating on shares of United States Antimony in a report on Wednesday, February 11th. HC Wainwright reaffirmed a “buy” rating and set a $10.25 price target on shares of United States Antimony in a report on Tuesday, February 3rd. Finally, B. Riley Financial lifted their price target on United States Antimony from $9.00 to $11.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $8.75.

United States Antimony Price Performance

The stock has a market cap of $1.17 billion, a P/E ratio of -836.00 and a beta of -0.01. The company has a fifty day moving average of $8.78 and a 200 day moving average of $8.16.

Institutional Investors Weigh In On United States Antimony

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Nova Wealth Management Inc. raised 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 worth $31,000 after purchasing an additional 4,050 shares in the last quarter. CoreCap Advisors LLC bought a new stake in United States Antimony during the fourth quarter worth approximately $27,000. Meeder Asset Management Inc. bought a new stake in United States Antimony during the fourth quarter worth approximately $35,000. Geneos Wealth Management Inc. bought a new stake in United States Antimony during the third quarter worth approximately $49,000. Finally, Harbour Investments Inc. increased its holdings in shares of United States Antimony by 106.2% in the fourth quarter. Harbour Investments Inc. now owns 7,962 shares of the company’s stock valued at $40,000 after buying an additional 4,101 shares in the last quarter. Institutional investors own 9.49% of the company’s stock.

United States Antimony Company Profile

United States Antimony Corporation is a specialized mining and chemical company focused primarily on the production and processing of antimony and antimony-based compounds. The company operates its own extraction and milling facilities to recover antimony metal and antimony trioxide, which serve as critical raw materials in industries such as flame retardants for plastics and textiles, catalysts for chemical processes, and additives for glass and ceramics. In addition to antimony, United States Antimony maintains smaller-scale gold and silver operations in Mexico that provide supplementary revenue streams and diversification of its mineral portfolio.

Founded in the mid-20th century, United States Antimony has evolved from a single‐mine operator into a multinational enterprise with mining and processing sites in both the United States and Mexico.