United States Antimony (NYSEAMERICAN:UAMY) Shares Gap Up - Still a Buy?

Key Points

• Shares gapped up pre-market from $9.11 to $9.91 but last traded at $8.9630 and were down about 3.7% on heavy volume (5,096,504 shares), with the 50‑day/200‑day moving averages at $8.84 and $7.75 respectively.
• Analyst consensus is positive: five analysts rate UAMY a "Buy" with an average price target of $8.75, while recent firm targets include HC Wainwright at $10.25 and B. Riley raising its target to $11.00.
• Company and ownership profile: United States Antimony is a specialized antimony producer (with small gold/silver operations), has a market cap of $1.23 billion, a negative PE, and only about 9.49% institutional/hedge fund ownership.

United States Antimony Co. (NYSEAMERICAN:UAMY - Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $9.11, but opened at $9.91. United States Antimony shares last traded at $8.9630, with a volume of 5,096,504 shares.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on UAMY. HC Wainwright restated a "buy" rating and issued a $10.25 target price on shares of United States Antimony in a report on Tuesday, February 3rd. Alliance Global Partners reiterated a "buy" rating on shares of United States Antimony in a report on Wednesday, February 11th. Finally, B. Riley Financial upped their price target on United States Antimony from $9.00 to $11.00 and gave the company a "buy" rating in a research report on Tuesday, February 24th. Five analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, United States Antimony has an average rating of "Buy" and an average price target of $8.75.

United States Antimony Stock Down 3.7%

The stock has a market capitalization of $1.23 billion, a PE ratio of -877.20 and a beta of -0.01. The stock's 50-day moving average is $8.84 and its 200 day moving average is $7.75.

Hedge Funds Weigh In On United States Antimony

A number of hedge funds have recently modified their holdings of UAMY. Nova Wealth Management Inc. boosted its position in United States Antimony by 405.0% during the third quarter. Nova Wealth Management Inc. now owns 5,050 shares of the company's stock valued at $31,000 after purchasing an additional 4,050 shares during the last quarter. CoreCap Advisors LLC acquired a new position in United States Antimony in the 4th quarter worth about $27,000. Meeder Asset Management Inc. acquired a new position in United States Antimony in the 4th quarter worth about $35,000. Geneos Wealth Management Inc. purchased a new stake in shares of United States Antimony during the 3rd quarter worth about $49,000. Finally, Harbour Investments Inc. raised its stake in shares of United States Antimony by 106.2% during the 4th quarter. Harbour Investments Inc. now owns 7,962 shares of the company's stock worth $40,000 after purchasing an additional 4,101 shares in the last quarter. 9.49% of the stock is owned by institutional investors and hedge funds.

United States Antimony Company Profile

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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