United States Antimony Co. (NYSE:UAMY) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Key Points

• United States Antimony received a consensus “Moderate Buy” rating from six analysts: four buys, one strong buy and one sell. The average 12-month price target is $10.12.
• UAMY shares opened at $3.73, near their 52-week low of $3.65 and down from a 50-day moving average of $5.04. The stock has a market capitalization of approximately $557.5 million.
• Company insiders purchased 62,700 shares worth about $298,592 over the past 90 days, while institutional investors currently own 9.49% of the stock.

Shares of United States Antimony Co. (NYSE:UAMY - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the six analysts that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $10.12.

Several research firms have issued reports on UAMY. Texas Capital raised shares of United States Antimony to a "strong-buy" rating in a research report on Wednesday. HC Wainwright decreased their price target on shares of United States Antimony from $11.75 to $9.25 and set a "buy" rating for the company in a research note on Wednesday, August 12th. Finally, Weiss Ratings reiterated a "sell (d-)" rating on shares of United States Antimony in a report on Monday, September 14th.

United States Antimony Stock Down 3.5%

UAMY stock opened at $3.73 on Friday. United States Antimony has a twelve month low of $3.65 and a twelve month high of $19.71. The firm has a market cap of $557.52 million, a price-to-earnings ratio of -28.65 and a beta of 0.38. The business's fifty day simple moving average is $5.04 and its two-hundred day simple moving average is $7.11.

Insider Transactions at United States Antimony

In other news, Director Joseph Carrabba purchased 21,300 shares of the company's stock in a transaction dated Tuesday, September 1st. The shares were acquired at an average price of $4.72 per share, with a total value of $100,536.00. Following the transaction, the director owned 198,401 shares of the company's stock, valued at $936,452.72. This represents a 12.03% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Lloyd EVP, Chief Mining Officer, & Director acquired 20,000 shares of the firm's stock in a transaction that occurred on Tuesday, September 1st. The stock was purchased at an average price of $4.63 per share, with a total value of $92,600.00. Following the completion of the acquisition, the executive vice president directly owned 932,881 shares of the company's stock, valued at $4,319,239.03. This represents a 2.19% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders have bought 62,700 shares of company stock valued at $298,592. 5.50% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On United States Antimony

A number of hedge funds and other institutional investors have recently modified their holdings of UAMY. KBC Group NV purchased a new stake in United States Antimony during the first quarter worth $31,000. Farther Finance Advisors LLC raised its position in shares of United States Antimony by 65.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 8,545 shares of the company's stock worth $36,000 after acquiring an additional 3,372 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in United States Antimony by 17.9% during the first quarter. Geneos Wealth Management Inc. now owns 9,892 shares of the company's stock valued at $86,000 after purchasing an additional 1,500 shares in the last quarter. D.A. Davidson & CO. bought a new position in United States Antimony in the first quarter worth about $88,000. Finally, Wealthfront Advisers LLC purchased a new stake in shares of United States Antimony during the second quarter valued at about $85,000. 9.49% of the stock is currently owned by institutional investors.

About United States Antimony

United States Antimony Corporation, through its subsidiaries, produces and sells antimony, precious metals and related specialty materials. Its products include antimony oxide, antimony metal, sodium antimonate and other antimony compounds used in applications such as flame retardants, ceramics, glass, pigments, batteries and other industrial products.

The company also processes and refines antimony-bearing materials and recovers precious metals from selected raw materials and recyclable sources.

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