Stock Traders Purchase 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 activity on Tuesday. Traders bought 9,656 call options on the stock. Thisisanincreaseof148% compared to the average daily volume of 3,887 call options.

Wall Street Analyst Weigh In

UAMY has been the subject of several recent analyst reports. D. Boral Capital reaffirmed a "buy" rating and set a $5.00 price objective on shares of United States Antimony in a research note on Thursday, August 14th. HC Wainwright reaffirmed a "buy" rating and set a $4.50 price objective on shares of United States Antimony in a research note on Wednesday, August 13th. Finally, Wall Street Zen lowered shares of United States Antimony from a "hold" rating to a "sell" rating in a research note on Thursday, May 15th. One analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the company. According to MarketBeat.com, United States Antimony presently has a consensus rating of "Buy" and a consensus target price of $3.38.

Hedge Funds Weigh In On United States Antimony

Several hedge funds have recently modified their holdings of UAMY. Raymond James Financial Inc. acquired a new position in shares of United States Antimony during the second quarter valued at about $33,000. Cetera Investment Advisers acquired a new stake in shares of United States Antimony during the 4th quarter worth approximately $40,000. ProShare Advisors LLC acquired a new stake in shares of United States Antimony during the 2nd quarter worth approximately $41,000. Penbrook Management LLC acquired a new stake in shares of United States Antimony during the 2nd quarter worth approximately $44,000. Finally, Tower Research Capital LLC TRC lifted its position in shares of United States Antimony by 2,205.1% during the 4th quarter. Tower Research Capital LLC TRC now owns 26,716 shares of the company's stock valued at $47,000 after buying an additional 25,557 shares in the last quarter. Institutional investors and hedge funds own 9.49% of the company's stock.

United States Antimony Stock Up 4.0%

Shares of UAMY stock traded up $0.18 during mid-day trading on Friday, hitting $4.72. 9,218,411 shares of the stock traded hands, compared to its average volume of 3,997,465. The stock has a market cap of $569.81 million, a P/E ratio of -118.00 and a beta of 0.11. The stock's fifty day moving average is $3.21 and its two-hundred day moving average is $2.69. United States Antimony has a 52-week low of $0.49 and a 52-week high of $4.83. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.24 and a quick ratio of 5.84.

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.