United States Antimony (NYSE:UAMY) EVP Lloyd Bardswich Buys 20,000 Shares of Stock

Key Points

• Insider buying: EVP Lloyd Bardswich purchased 20,000 United States Antimony shares at an average of $4.63, investing $92,600 and increasing his ownership by 2.19% to 932,881 shares.
• Stock performance: UAMY rose $0.56 to $5.24, but remains well below its 50-day moving average of $5.92 and 200-day moving average of $7.94; the stock has traded between $4.25 and $19.71 over the past year.
• Analyst outlook: The stock carries a “Moderate Buy” consensus rating from four Buy ratings and one Sell rating, with an average price target of $10.12. HC Wainwright recently reduced its target from $11.75 to $9.25 while maintaining a Buy rating.

United States Antimony Co. (NYSE:UAMY - Get Free Report) EVP Lloyd Bardswich acquired 20,000 shares of United States Antimony stock in a transaction dated Tuesday, September 1st. The shares were acquired at an average price of $4.63 per share, with a total value of $92,600.00. Following the completion of the purchase, the executive vice president owned 932,881 shares in the company, valued at approximately $4,319,239.03. The trade was a 2.19% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.

United States Antimony Stock Performance

UAMY traded up $0.56 on Wednesday, hitting $5.24. 6,931,970 shares of the company were exchanged, compared to its average volume of 11,222,929. The stock's fifty day moving average is $5.92 and its 200-day moving average is $7.94. United States Antimony Co. has a 12 month low of $4.25 and a 12 month high of $19.71. The company has a market cap of $784.27 million, a PE ratio of -40.19 and a beta of 0.39.

Analysts Set New Price Targets

UAMY has been the topic of a number of recent analyst reports. HC Wainwright lowered their target price on shares of United States Antimony from $11.75 to $9.25 and set a "buy" rating on the stock in a report on Wednesday, August 12th. Weiss Ratings reissued 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 given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $10.12.

Hedge Funds Weigh In On United States Antimony

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. KBC Group NV bought a new position in shares of United States Antimony in the first quarter valued at about $31,000. Raymond James Financial Inc. bought a new stake in shares of United States Antimony during the second quarter worth approximately $33,000. Meeder Asset Management Inc. bought a new stake in shares of United States Antimony during the fourth quarter worth approximately $35,000. Harbour Investments Inc. grew its position in shares of United States Antimony by 106.2% in the fourth quarter. Harbour Investments Inc. now owns 7,962 shares of the company's stock valued at $40,000 after purchasing an additional 4,101 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC increased its stake in shares of United States Antimony by 925.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 10,250 shares of the company's stock worth $51,000 after purchasing an additional 9,250 shares during the period. 9.49% of the stock is owned by institutional investors.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source