Traders Purchase High Volume of Call Options on United States Antimony (NYSE:UAMY)

United States Antimony Co. (NYSE:UAMY - Get Free Report) saw some unusual options trading on Wednesday. Investors purchased 9,533 call options on the company. This represents an increase of 504% compared to the average daily volume of 1,578 call options.

United States Antimony Price Performance

Shares of United States Antimony stock traded down $0.63 during trading on Monday, reaching $2.65. The company's stock had a trading volume of 9,258,625 shares, compared to its average volume of 2,165,940. The company has a quick ratio of 5.84, a current ratio of 6.24 and a debt-to-equity ratio of 0.01. United States Antimony has a 12-month low of $0.21 and a 12-month high of $3.86. The company has a market capitalization of $303.77 million, a P/E ratio of -66.25 and a beta of 0.15. The business has a 50 day moving average price of $2.52 and a 200-day moving average price of $1.80.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. B. Riley reiterated a "buy" rating on shares of United States Antimony in a research report on Tuesday, April 15th. D. Boral Capital reaffirmed a "buy" rating and set a $5.00 target price on shares of United States Antimony in a report on Monday. StockNews.com raised United States Antimony from a "sell" rating to a "hold" rating in a research note on Wednesday, May 7th. D Boral Capital upgraded United States Antimony to a "strong-buy" rating in a report on Wednesday, April 23rd. Finally, HC Wainwright increased their price target on United States Antimony from $2.60 to $4.50 and gave the stock a "buy" rating in a report on Friday. One analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of $3.38.

Hedge Funds Weigh In On United States Antimony

Hedge funds and other institutional investors have recently bought and sold shares of the company. Miracle Mile Advisors LLC acquired a new position in shares of United States Antimony in the fourth quarter worth $930,000. Truist Financial Corp boosted its position in shares of United States Antimony by 15.1% in the fourth quarter. Truist Financial Corp now owns 1,528,818 shares of the company's stock worth $2,706,000 after buying an additional 200,000 shares during the period. Geode Capital Management LLC boosted its holdings in United States Antimony by 2.2% in the fourth quarter. Geode Capital Management LLC now owns 788,728 shares of the company's stock valued at $1,397,000 after purchasing an additional 16,905 shares during the last quarter. Kingsview Wealth Management LLC purchased a new position in United States Antimony in the fourth quarter valued at about $35,000. Finally, Commonwealth Equity Services LLC lifted its holdings 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 worth $53,000 after buying an additional 9,630 shares during the last quarter. 9.49% of the stock is owned by institutional investors and hedge funds.

About United States Antimony

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.