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

Key Points

• United States Antimony Co. experienced a significant surge in trading activity, with traders purchasing 9,656 call options, marking a 148% increase from the average volume.
• Institutional investors have been active, with Jefferies Financial Group increasing its stake by 23.7%, while hedge funds collectively own 9.49% of the company's shares.
• The company's stock price fell 5.1% to $4.26, despite positive ratings from brokerages, including a "buy" rating and a target price of $5.00 from D. Boral Capital.

United States Antimony Co. (NYSE:UAMY - Get Free Report) saw unusually large options trading on Tuesday. Stock traders bought 9,656 call options on the company. Thisrepresentsanincreaseof148% compared to the average volume of 3,887 call options.

Institutional Investors Weigh In On United States Antimony

Hedge funds have recently bought and sold shares of the business. Jefferies Financial Group Inc. grew its position in shares of United States Antimony by 23.7% in the 1st quarter. Jefferies Financial Group Inc. now owns 36,256 shares of the company's stock worth $80,000 after acquiring an additional 6,956 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of United States Antimony in the 2nd quarter worth approximately $33,000. Northern Trust Corp grew its position in shares of United States Antimony by 11.4% in the 4th quarter. Northern Trust Corp now owns 163,045 shares of the company's stock worth $289,000 after acquiring an additional 16,743 shares in the last quarter. Geode Capital Management LLC grew its position in shares of United States Antimony by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 788,728 shares of the company's stock worth $1,397,000 after acquiring an additional 16,905 shares in the last quarter. Finally, Calamos Advisors LLC grew its position in shares of United States Antimony by 16.5% in the 2nd quarter. Calamos Advisors LLC now owns 127,149 shares of the company's stock worth $277,000 after acquiring an additional 17,992 shares in the last quarter. Institutional investors and hedge funds own 9.49% of the company's stock.

United States Antimony Stock Down 5.1%

NYSE UAMY traded down $0.23 during mid-day trading on Tuesday, reaching $4.26. 7,201,390 shares of the company's stock traded hands, compared to its average volume of 3,935,531. United States Antimony has a 1-year low of $0.49 and a 1-year high of $4.62. The company has a fifty day simple moving average of $3.09 and a 200-day simple moving average of $2.61. The company has a current ratio of 6.24, a quick ratio of 5.84 and a debt-to-equity ratio of 0.01. The company has a market cap of $514.28 million, a price-to-earnings ratio of -106.50 and a beta of 0.11.

Wall Street Analyst Weigh In

Several brokerages recently commented on UAMY. D. Boral Capital reiterated a "buy" rating and set a $5.00 target price on shares of United States Antimony in a report on Thursday, August 14th. D Boral Capital upgraded United States Antimony to a "strong-buy" rating in a report on Wednesday, April 23rd. Wall Street Zen downgraded United States Antimony from a "hold" rating to a "sell" rating in a report on Thursday, May 15th. Finally, HC Wainwright reiterated a "buy" rating and set a $4.50 target price on shares of United States Antimony in a report on Wednesday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of $3.38.

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.

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