United States Antimony Co. (NYSE:UAMY) Given Consensus Rating of "Buy" by Brokerages

Key Points

• United States Antimony Co. has received a consensus rating of "Buy" from five brokerages, with four analysts recommending a buy and one a strong buy, and an average target price of $3.3750.
• Recent institutional activity shows that Jefferies Financial Group Inc. increased its holdings by 23.7%, while hedge funds now hold 9.49% of the company's stock.
• The company's stock opened at $4.94, with a market capitalization of approximately $596.37 million and a 1-year high of $5.13.

Shares of United States Antimony Co. (NYSE:UAMY - Get Free Report) have been assigned an average recommendation of "Buy" from the five research firms that are covering the firm, Marketbeat Ratings reports. Four investment analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $3.3750.

Several research firms have issued reports on UAMY. Wall Street Zen downgraded United States Antimony from a "hold" rating to a "sell" rating in a research note on Thursday, May 15th. D. Boral Capital restated a "buy" rating and issued a $5.00 price objective on shares of United States Antimony in a report on Thursday, August 14th. Finally, HC Wainwright restated a "buy" rating and issued a $4.50 price objective on shares of United States Antimony in a report on Wednesday, August 13th.

Hedge Funds Weigh In On United States Antimony

A number of hedge funds and other institutional investors have recently bought and sold shares of UAMY. Raymond James Financial Inc. bought a new position in United States Antimony during the second quarter worth about $33,000. Cetera Investment Advisers bought a new position in United States Antimony during the fourth quarter worth about $40,000. ProShare Advisors LLC bought a new position in United States Antimony during the second quarter worth about $41,000. Penbrook Management LLC bought a new position in United States Antimony during the second quarter worth about $44,000. Finally, Tower Research Capital LLC TRC grew its holdings in United States Antimony by 2,205.1% during the fourth quarter. Tower Research Capital LLC TRC now owns 26,716 shares of the company's stock worth $47,000 after purchasing an additional 25,557 shares during the period. Institutional investors own 9.49% of the company's stock.

United States Antimony Stock Down 0.4%

Shares of UAMY traded down $0.02 during midday trading on Wednesday, hitting $4.55. The stock had a trading volume of 5,754,012 shares, compared to its average volume of 4,075,851. The company has a 50 day simple moving average of $3.40 and a two-hundred day simple moving average of $2.78. United States Antimony has a twelve month low of $0.49 and a twelve month high of $5.13. The firm has a market cap of $565.69 million, a price-to-earnings ratio of -113.75 and a beta of 0.05. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.24 and a quick ratio of 5.84.

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.