Beirne Wealth Consulting Services LLC Decreases Position in United States Antimony Co. $UAMY

Beirne Wealth Consulting Services LLC lessened its holdings in shares of United States Antimony Co. (NYSE:UAMY) by 58.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 50,000 shares of the company’s stock after selling 70,000 shares during the period. Beirne Wealth Consulting Services LLC’s holdings in United States Antimony were worth $251,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in UAMY. CoreCap Advisors LLC purchased a new stake in shares of United States Antimony during the 4th quarter valued at $27,000. Raymond James Financial Inc. purchased a new stake in shares of United States Antimony during the 2nd quarter valued at $33,000. Geneos Wealth Management Inc. purchased a new stake in shares of United States Antimony during the 3rd quarter valued at $49,000. Legal & General Group Plc purchased a new stake in shares of United States Antimony during the 2nd quarter valued at $51,000. Finally, Lincoln Capital LLC purchased a new stake in shares of United States Antimony during the 4th quarter valued at $58,000. Hedge funds and other institutional investors own 9.49% of the company’s stock.

Wall Street Analyst Weigh In

UAMY has been the subject of several analyst reports. HC Wainwright increased their price objective on United States Antimony from $10.25 to $11.50 and gave the company a “buy” rating in a report on Monday, March 23rd. Alliance Global Partners reiterated a “buy” rating on shares of United States Antimony in a report on Wednesday, February 11th. Weiss Ratings began coverage on United States Antimony in a report on Friday, March 20th. They set a “sell (d-)” rating for the company. Finally, B. Riley Financial upped their target price on United States Antimony from $9.00 to $11.00 and gave the company a “buy” rating in a research report on Tuesday, February 24th. Five analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $9.17.

United States Antimony Stock Performance

Shares of UAMY opened at $9.70 on Monday. The business’s 50-day moving average is $9.18 and its two-hundred day moving average is $8.36. The company has a market capitalization of $1.39 billion, a P/E ratio of -194.08 and a beta of 0.10. United States Antimony Co. has a fifty-two week low of $1.94 and a fifty-two week high of $19.71.

United States Antimony (NYSE:UAMY) last announced its quarterly earnings results on Thursday, March 19th. The company reported ($0.01) earnings per share for the quarter, hitting the consensus estimate of ($0.01). The company had revenue of $13.03 million for the quarter, compared to the consensus estimate of $11.75 million. United States Antimony had a negative return on equity of 6.14% and a negative net margin of 11.05%. Analysts forecast that United States Antimony Co. will post 0.03 EPS for the current year.

About United States Antimony

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.