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

United States Antimony Co. (NYSEAMERICAN:UAMY) has been assigned an average recommendation of “Buy” from the five brokerages that are presently covering the firm, MarketBeat.com reports. Five investment analysts have rated the stock with a buy rating. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $6.0833.

UAMY has been the topic of several analyst reports. HC Wainwright reissued a “buy” rating and set a $10.25 price objective on shares of United States Antimony in a research note on Tuesday, February 3rd. Alliance Global Partners reissued a “buy” rating on shares of United States Antimony in a research report on Wednesday, February 11th.

Hedge Funds Weigh In On United States Antimony

A number of large investors have recently made changes to their positions in the company. CoreCap Advisors LLC bought a new stake in United States Antimony in the fourth quarter worth about $27,000. Nova Wealth Management Inc. raised its holdings in shares of United States Antimony by 405.0% in 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. Raymond James Financial Inc. bought a new stake in shares of United States Antimony during the 2nd quarter worth approximately $33,000. Meeder Asset Management Inc. bought a new stake in shares of United States Antimony during the 4th quarter worth approximately $35,000. Finally, Harbour Investments Inc. boosted its holdings in United States Antimony by 106.2% during the 4th quarter. Harbour Investments Inc. now owns 7,962 shares of the company’s stock valued at $40,000 after acquiring an additional 4,101 shares during the period. 9.49% of the stock is owned by hedge funds and other institutional investors.

United States Antimony Stock Performance

Shares of UAMY opened at $7.25 on Wednesday. The stock has a market capitalization of $1.02 billion, a PE ratio of -725.00 and a beta of 0.10. The company’s fifty day moving average is $7.31 and its 200 day moving average is $7.01. United States Antimony has a fifty-two week low of $1.21 and a fifty-two week high of $19.71.

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.