United States Antimony Co. (NYSEAMERICAN:UAMY) Receives $6.08 Consensus Price Target from Analysts

by · The Markets Daily

Shares of United States Antimony Co. (NYSEAMERICAN:UAMY – Get Free Report) have received an average recommendation of “Buy” from the five analysts that are covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $6.0833.

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

Check Out Our Latest Research Report on UAMY

United States Antimony Stock Performance

UAMY opened at $6.44 on Friday. United States Antimony has a 52-week low of $1.21 and a 52-week high of $19.71. The firm has a market cap of $901.86 million, a P/E ratio of -644.00 and a beta of 0.01. The business’s fifty day moving average is $8.54 and its 200-day moving average is $5.44.

United States Antimony (NYSEAMERICAN:UAMY – Get Free Report) last posted its quarterly earnings data on Wednesday, November 12th. The company reported ($0.04) earnings per share for the quarter. The firm had revenue of $8.70 million for the quarter. United States Antimony had a negative return on equity of 11.58% and a negative net margin of 15.49%. On average, research analysts predict that United States Antimony will post -0.01 earnings per share for the current fiscal year.

Insider Buying and Selling at United States Antimony

In other United States Antimony news, CEO Gary C. Evans acquired 100,000 shares of United States Antimony stock in a transaction that occurred on Friday, September 26th. The shares were acquired at an average cost of $6.13 per share, with a total value 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 $14,582,154.34. This represents a 4.39% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 4.20% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On United States Antimony

Several large investors have recently bought and sold shares of UAMY. Nova Wealth Management Inc. grew 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 worth $31,000 after purchasing an additional 4,050 shares during the last quarter. Raymond James Financial Inc. bought a new stake in United States Antimony during the 2nd quarter worth approximately $33,000. ProShare Advisors LLC bought a new stake in United States Antimony during the 2nd quarter worth approximately $41,000. Penbrook Management LLC acquired a new position in United States Antimony in the 2nd quarter valued at approximately $44,000. Finally, Police & Firemen s Retirement System of New Jersey bought a new position in shares of United States Antimony during the second quarter valued at $47,000. 9.49% of the stock is currently owned by institutional investors.

About United States Antimony

(Get Free Report)

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.

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