Orchard Capital Management LLC Takes Position in United States Antimony Co. $UAMY

Key Points

• Orchard Capital Management initiated a position of 307,174 UAMY shares valued at approximately $2.23 million, representing about 0.21% of the company and 2.2% of the firm’s portfolio.
• Other major institutions, including BlackRock, State Street, Vanguard, Geode Capital and Goldman Sachs, also increased or initiated holdings; institutions and hedge funds collectively own 9.49% of UAMY.
• UAMY shares opened at $5.49, well below their 12-month high of $19.71. Analysts maintain a “Moderate Buy” consensus with an average price target of $10.12, though HC Wainwright recently lowered its target to $9.25 and Weiss Ratings reiterated a sell rating.

Orchard Capital Management LLC purchased a new position in United States Antimony Co. (NYSE:UAMY - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 307,174 shares of the company's stock, valued at approximately $2,230,000. United States Antimony makes up about 2.2% of Orchard Capital Management LLC's holdings, making the stock its 19th largest position. Orchard Capital Management LLC owned approximately 0.21% of United States Antimony as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of UAMY. BlackRock Inc. purchased a new position in United States Antimony in the 2nd quarter worth approximately $82,365,000. State Street Corp grew its position in shares of United States Antimony by 30.5% in the fourth quarter. State Street Corp now owns 7,669,026 shares of the company's stock valued at $38,499,000 after purchasing an additional 1,794,234 shares in the last quarter. Vanguard Group Inc. grew its position in shares of United States Antimony by 22.5% in the third quarter. Vanguard Group Inc. now owns 5,597,951 shares of the company's stock valued at $34,707,000 after purchasing an additional 1,026,412 shares in the last quarter. Geode Capital Management LLC grew its position in shares of United States Antimony by 22.3% in the fourth quarter. Geode Capital Management LLC now owns 2,655,922 shares of the company's stock valued at $13,336,000 after purchasing an additional 484,172 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in shares of United States Antimony by 448.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,344,780 shares of the company's stock valued at $6,751,000 after purchasing an additional 1,099,634 shares during the last quarter. 9.49% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at United States Antimony

In other news, Director Jon R. Marinelli purchased 12,500 shares of the business's stock in a transaction dated Monday, June 15th. The stock was acquired at an average price of $7.45 per share, for a total transaction of $93,125.00. Following the acquisition, the director directly owned 12,500 shares of the company's stock, valued at approximately $93,125. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 5.50% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. HC Wainwright reduced their price objective on United States Antimony from $11.75 to $9.25 and set a "buy" rating on the stock in a research report on Wednesday, August 12th. Weiss Ratings restated a "sell (d-)" rating on shares of United States Antimony in a report on Wednesday, June 17th. Four research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, United States Antimony presently has a consensus rating of "Moderate Buy" and an average target price of $10.12.

United States Antimony Price Performance

Shares of UAMY stock opened at $5.49 on Friday. The firm's 50-day moving average is $6.28 and its two-hundred day moving average is $8.11. United States Antimony Co. has a 12 month low of $4.14 and a 12 month high of $19.71. The company has a market capitalization of $821.68 million, a PE ratio of -42.23 and a beta of 0.39.

United States Antimony 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.

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