Joseph Carrabba Purchases 21,300 Shares of United States Antimony (NYSE:UAMY) Stock

Key Points

• Director Joseph Carrabba bought 21,300 UAMY shares at an average price of $4.72, investing approximately $100,536 and increasing his direct ownership by 12.03% to 198,401 shares.
• United States Antimony shares fell $0.20 to $4.67, near the company’s 52-week low of $4.14, while trading volume reached 9.01 million shares. The stock’s 50-day and 200-day moving averages were $5.97 and $7.97, respectively.
• Analyst sentiment remains a Moderate Buy, with four Buy ratings and one Sell rating, although HC Wainwright lowered its price target to $9.25; the consensus target is $10.12.

United States Antimony Co. (NYSE:UAMY - Get Free Report) Director Joseph Carrabba acquired 21,300 shares of United States Antimony stock in a transaction on Tuesday, September 1st. The stock was acquired at an average price of $4.72 per share, with a total value of $100,536.00. Following the purchase, the director directly owned 198,401 shares in the company, valued at approximately $936,452.72. This trade 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 is accessible through the SEC website.

United States Antimony Price Performance

Shares of UAMY traded down $0.20 during trading hours on Tuesday, hitting $4.67. The company's stock had a trading volume of 9,010,222 shares, compared to its average volume of 11,253,185. The business has a 50 day simple moving average of $5.97 and a two-hundred day simple moving average of $7.97. United States Antimony Co. has a 52-week low of $4.14 and a 52-week high of $19.71. The company has a market cap of $698.95 million, a price-to-earnings ratio of -35.92 and a beta of 0.39.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. HC Wainwright reduced their price target 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 reiterated a "sell (d-)" rating on shares of United States Antimony in a research report on Wednesday, June 17th. Four analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, United States Antimony has an average rating of "Moderate Buy" and an average price target of $10.12.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Amundi bought a new position in shares of United States Antimony in the 2nd quarter worth approximately $115,000. California State Teachers Retirement System boosted its position in shares of United States Antimony by 783.8% during the second quarter. California State Teachers Retirement System now owns 992,464 shares of the company's stock valued at $7,205,000 after purchasing an additional 880,171 shares in the last quarter. Headlands Technologies LLC boosted its position in shares of United States Antimony by 192.5% during the second quarter. Headlands Technologies LLC now owns 66,314 shares of the company's stock valued at $481,000 after purchasing an additional 43,639 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in United States Antimony by 4.5% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 185,760 shares of the company's stock worth $1,349,000 after purchasing an additional 7,947 shares during the period. Finally, Kingsview Wealth Management LLC purchased a new stake in United States Antimony in the second quarter worth $93,000. Hedge funds and other institutional investors own 9.49% of the company's stock.

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.

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