United States Antimony (NYSEAMERICAN:UAMY) Stock Price Up 10.6% - Here's What Happened

Key Points

• Shares jumped 10.6% intraday to as high as $8.70 and last traded at $9.0240 (previous close $8.16), on 4.33 million shares traded — down about 71% from the average session volume.
• Analysts are broadly bullish with five Buy ratings; B. Riley raised its target to $11.00 and HC Wainwright set $10.25, while the average price target sits around $8.75.
• United States Antimony has a market cap of about $1.24 billion and a negative P/E (-891.7), with 50-/200-day moving averages at $8.85/$7.83 and institutional ownership near 9.49%.

United States Antimony Co. (NYSEAMERICAN:UAMY - Get Free Report)'s stock price traded up 10.6% during mid-day trading on Monday . The stock traded as high as $8.70 and last traded at $9.0240. 4,334,136 shares were traded during mid-day trading, a decline of 71% from the average session volume of 15,025,405 shares. The stock had previously closed at $8.16.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Alliance Global Partners reissued a "buy" rating on shares of United States Antimony in a research report on Wednesday, February 11th. B. Riley Financial lifted their target price on United States Antimony from $9.00 to $11.00 and gave the stock a "buy" rating in a research note on Tuesday, February 24th. Finally, HC Wainwright reissued a "buy" rating and set a $10.25 target price on shares of United States Antimony in a report on Tuesday, February 3rd. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of $8.75.

United States Antimony Stock Up 8.9%

The firm has a market capitalization of $1.24 billion, a price-to-earnings ratio of -891.70 and a beta of -0.01. The company's 50 day moving average is $8.85 and its 200 day moving average is $7.83.

Institutional Investors Weigh In On United States Antimony

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Victory Capital Management Inc. lifted its position in United States Antimony by 12.4% during the third quarter. Victory Capital Management Inc. now owns 12,087 shares of the company's stock worth $75,000 after purchasing an additional 1,332 shares during the period. Leo Wealth LLC increased its holdings in United States Antimony by 12.9% in the 4th quarter. Leo Wealth LLC now owns 16,939 shares of the company's stock valued at $85,000 after buying an additional 1,939 shares during the period. Jones Financial Companies Lllp increased its holdings in United States Antimony by 28.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 10,130 shares of the company's stock valued at $63,000 after buying an additional 2,223 shares during the period. Sanctuary Advisors LLC raised its position in shares of United States Antimony by 27.7% in the 4th quarter. Sanctuary Advisors LLC now owns 14,052 shares of the company's stock valued at $71,000 after buying an additional 3,052 shares in the last quarter. Finally, Nova Wealth Management Inc. lifted its holdings in shares of United States Antimony by 405.0% during the 3rd quarter. Nova Wealth Management Inc. now owns 5,050 shares of the company's stock worth $31,000 after acquiring an additional 4,050 shares during the period. 9.49% of the stock is currently owned by institutional investors and hedge funds.

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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