United States Antimony (NYSE:UAMY) Given New $4.50 Price Target at HC Wainwright

United States Antimony (NYSE:UAMY - Get Free Report) had its target price lifted by equities research analysts at HC Wainwright from $2.60 to $4.50 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has a "buy" rating on the stock. HC Wainwright's target price indicates a potential upside of 73.75% from the company's current price.

Several other research firms also recently commented on UAMY. D Boral Capital raised shares of United States Antimony to a "strong-buy" rating in a report on Wednesday, April 23rd. D. Boral Capital began coverage on United States Antimony in a research note on Wednesday, April 23rd. They issued a "buy" rating and a $5.00 price objective on the stock. StockNews.com raised shares of United States Antimony from a "sell" rating to a "hold" rating in a report on Wednesday, May 7th. Finally, B. Riley reaffirmed a "buy" rating on shares of United States Antimony in a research note on Tuesday, April 15th. One analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $3.38.

United States Antimony Stock Performance

Shares of NYSE UAMY traded up $0.01 during trading on Friday, hitting $2.59. The company had a trading volume of 2,388,175 shares, compared to its average volume of 2,193,612. The stock has a 50 day simple moving average of $2.57 and a 200 day simple moving average of $1.82. The company has a debt-to-equity ratio of 0.01, a quick ratio of 5.84 and a current ratio of 6.24. The firm has a market capitalization of $305.42 million, a P/E ratio of -64.75 and a beta of 0.15. United States Antimony has a 12 month low of $0.21 and a 12 month high of $3.86.

Hedge Funds Weigh In On United States Antimony

A number of institutional investors have recently modified their holdings of the stock. Kingsview Wealth Management LLC purchased a new position in United States Antimony during the 4th quarter worth $35,000. Cetera Investment Advisers bought a new stake in shares of United States Antimony in the fourth quarter valued at about $40,000. Tower Research Capital LLC TRC lifted its stake in United States Antimony by 2,205.1% in the fourth quarter. Tower Research Capital LLC TRC now owns 26,716 shares of the company's stock worth $47,000 after acquiring an additional 25,557 shares during the period. Jefferies Financial Group Inc. bought a new position in United States Antimony during the 4th quarter worth about $52,000. Finally, Commonwealth Equity Services LLC increased its position in United States Antimony by 47.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 30,060 shares of the company's stock valued at $53,000 after purchasing an additional 9,630 shares during the period. 9.49% of the stock is owned by hedge funds and other institutional investors.

United States Antimony Company Profile

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.