United States Antimony (NYSEAMERICAN:UAMY) Shares Up 12.9% - Should You Buy?

Key Points

• Shares rose 12.9% Monday to about $10.09, trading as high as $9.95 on 4,004,019 shares — roughly 73% below its average daily volume of 14.75 million.
• Analysts are bullish: five analysts rate the stock a "Buy," with B. Riley raising its target to $11 and HC Wainwright at $10.25, although the MarketBeat consensus target remains $8.75.
• Company fundamentals and flows: UAMY has a $1.47 billion market cap and a deeply negative P/E (-1,044.30), while institutional ownership is about 9.49% with recent increases from firms like Goldman Sachs and Geode.

United States Antimony Co. (NYSEAMERICAN:UAMY - Get Free Report) shares traded up 12.9% on Monday . The stock traded as high as $9.95 and last traded at $10.0930. 4,004,019 shares changed hands during trading, a decline of 73% from the average session volume of 14,749,573 shares. The stock had previously closed at $8.94.

Analysts Set New Price Targets

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

United States Antimony Stock Up 17.0%

The company has a market capitalization of $1.47 billion, a PE ratio of -1,044.30 and a beta of -0.01. The firm's 50 day simple moving average is $7.80 and its 200 day simple moving average is $7.27.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of UAMY. Goldman Sachs Group Inc. raised its holdings in shares of United States Antimony by 36.3% in the first quarter. Goldman Sachs Group Inc. now owns 359,692 shares of the company's stock worth $791,000 after buying an additional 95,811 shares during the period. ProShare Advisors LLC purchased a new stake in United States Antimony in the second quarter worth $41,000. Geode Capital Management LLC lifted its position in shares of United States Antimony by 144.6% during the second quarter. Geode Capital Management LLC now owns 1,955,494 shares of the company's stock worth $4,264,000 after purchasing an additional 1,156,021 shares during the last quarter. Police & Firemen s Retirement System of New Jersey purchased a new stake in shares of United States Antimony during the second quarter valued at $47,000. Finally, Calamos Advisors LLC grew its holdings in shares of United States Antimony by 16.5% in the second quarter. Calamos Advisors LLC now owns 127,149 shares of the company's stock worth $277,000 after purchasing an additional 17,992 shares during the last quarter. Institutional investors own 9.49% of the company's stock.

About United States Antimony

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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