United States Antimony (NYSE:UAMY) Shares Up 7.2% - Time to Buy?

Key Points

• United States Antimony shares rose 7.2% to about $5.58, although trading volume was 88% below the average session level.
• Analyst sentiment is mixed but leans positive: four analysts rate the stock Buy and one rates it Sell, producing a “Moderate Buy” consensus and a $10.12 average price target. HC Wainwright recently lowered its target to $9.25 while maintaining a Buy rating.
• Insiders have been buying shares, with acquisitions totaling 75,200 shares worth roughly $391,717 over the past 90 days; insiders own 5.5% of the company, while institutional investors and hedge funds own 9.49%.

United States Antimony Co. (NYSE:UAMY - Get Free Report) shares shot up 7.2% on Tuesday . The stock traded as high as $5.55 and last traded at $5.5760. Approximately 1,364,256 shares traded hands during trading, a decline of 88% from the average session volume of 11,117,610 shares. The stock had previously closed at $5.20.

Analyst Upgrades and Downgrades

UAMY has been the subject of several analyst reports. Weiss Ratings reissued a "sell (d-)" rating on shares of United States Antimony in a report on Wednesday, June 17th. HC Wainwright dropped their target price on United States Antimony from $11.75 to $9.25 and set a "buy" rating on the stock in a report on Wednesday, August 12th. Four analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $10.12.

United States Antimony Price Performance

The stock has a market capitalization of $833.06 million, a PE ratio of -42.88 and a beta of 0.39. The stock's fifty day moving average is $5.80 and its 200-day moving average is $7.88.

Insider Activity

In other United States Antimony news, CEO Gary Evans bought 20,000 shares of the company's stock in a transaction dated Friday, August 28th. The shares were purchased at an average cost of $4.92 per share, for a total transaction of $98,400.00. Following the transaction, the chief executive officer directly owned 2,590,028 shares of the company's stock, valued at approximately $12,742,937.76. The trade was a 0.78% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Jon Marinelli purchased 12,500 shares of the business's stock in a transaction that occurred on Monday, June 15th. The stock was acquired at an average price of $7.45 per share, with a total value of $93,125.00. Following the purchase, the director owned 12,500 shares in the company, valued at $93,125. This represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last 90 days, insiders acquired 75,200 shares of company stock valued at $391,717. Insiders own 5.50% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. KBC Group NV acquired a new stake in United States Antimony in the 1st quarter valued at $31,000. Meeder Asset Management Inc. purchased a new position in United States Antimony during the fourth quarter valued at $35,000. Harbour Investments Inc. lifted its holdings in United States Antimony by 106.2% during 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 in the last quarter. Geneos Wealth Management Inc. grew its position in shares of United States Antimony by 17.9% in the first quarter. Geneos Wealth Management Inc. now owns 9,892 shares of the company's stock valued at $86,000 after purchasing an additional 1,500 shares during the period. Finally, Focus Partners Wealth acquired a new stake in shares of United States Antimony in the third quarter valued at about $62,000. 9.49% of the stock is owned by institutional investors and hedge funds.

About United States Antimony

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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