United States Antimony Co. (NYSEAMERICAN:UAMY) Receives $8.75 Average Target Price from Brokerages
by Amy Steele · The Cerbat GemShares of United States Antimony Co. (NYSEAMERICAN:UAMY – Get Free Report) have been given a consensus recommendation of “Buy” by the five analysts that are currently covering the company, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a buy recommendation. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $8.75.
Several analysts recently commented on the company. HC Wainwright restated a “buy” rating and issued a $10.25 target price on shares of United States Antimony in a research report on Tuesday, February 3rd. Alliance Global Partners restated a “buy” rating on shares of United States Antimony in a research report on Wednesday, February 11th. Finally, B. Riley Financial raised 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.
Read Our Latest Stock Report on UAMY
United States Antimony Stock Down 4.7%
United States Antimony stock opened at $8.36 on Thursday. The firm has a 50-day moving average price of $8.78 and a two-hundred day moving average price of $8.16. The firm has a market capitalization of $1.17 billion, a price-to-earnings ratio of -836.00 and a beta of -0.01. United States Antimony has a 52-week low of $1.94 and a 52-week high of $19.71.
Institutional Investors Weigh In On United States Antimony
Hedge funds have recently modified their holdings of the stock. CoreCap Advisors LLC purchased a new stake in shares of United States Antimony during the fourth quarter valued at $27,000. Nova Wealth Management Inc. lifted its holdings 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 valued at $31,000 after purchasing an additional 4,050 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of United States Antimony during the second quarter valued at $33,000. Meeder Asset Management Inc. purchased a new position in shares of United States Antimony in the fourth quarter worth approximately $35,000. Finally, Harbour Investments Inc. increased its position 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 worth $40,000 after acquiring an additional 4,101 shares in the last quarter. 9.49% of the stock is owned by hedge funds and other institutional investors.
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.