United States Antimony (NYSEAMERICAN:UAMY) Shares Up 10.9% - What's Next?

Key Points

• UAMY shares jumped 10.9% intraday to $10.6490 (high $10.79) from a $9.60 close, on about 6.37M shares traded — roughly 57% below its average daily volume.
• Broker sentiment is bullish: B. Riley raised its target to $11 and firms including Alliance Global Partners and HC Wainwright reaffirmed Buy ratings, leaving a consensus of five Buy ratings with an average target of $8.75.
• The company has a $1.57B market cap but a deeply negative P/E (‑1,123.70), 50/200‑day SMAs of $8.24/$7.49, and only about 9.49% institutional ownership despite some recent small institutional purchases.

United States Antimony Co. (NYSEAMERICAN:UAMY - Get Free Report)'s share price rose 10.9% during mid-day trading on Tuesday . The company traded as high as $10.79 and last traded at $10.6490. Approximately 6,373,334 shares were traded during mid-day trading, a decline of 57% from the average daily volume of 14,727,239 shares. The stock had previously closed at $9.60.

Analysts Set New Price Targets

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

United States Antimony Trading Up 17.1%

The firm's 50-day simple moving average is $8.24 and its 200 day simple moving average is $7.49. The stock has a market cap of $1.57 billion, a P/E ratio of -1,123.70 and a beta of -0.01.

Institutional Trading of United States Antimony

Large investors have recently added to or reduced their stakes in the business. CoreCap Advisors LLC bought a new stake in United States Antimony during the 4th quarter valued at $27,000. Nova Wealth Management Inc. grew its stake in shares of United States Antimony by 405.0% in the third quarter. Nova Wealth Management Inc. now owns 5,050 shares of the company's stock worth $31,000 after purchasing an additional 4,050 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of United States Antimony during the second quarter valued at $33,000. Meeder Asset Management Inc. acquired a new position in shares of United States Antimony during the fourth quarter valued at $35,000. Finally, Harbour Investments Inc. raised its stake in shares of 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. 9.49% of the stock is currently 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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