United States Antimony (NYSEAMERICAN:UAMY) Stock Price Up 6.8% - Here's Why

Key Points

• United States Antimony (UAMY) shares were up 6.8% on Thursday, last trading around $8.86 with about 2.58 million shares changing hands—roughly an 82% drop from the stock's average daily volume of ~14.48 million.
• Wall Street is broadly bullish: five analysts rate the stock a Buy with an average target of $8.75, and recent upgrades include B. Riley raising its target to $11 and HC Wainwright at $10.25.
• The company has a market cap of $1.23 billion and a negative PE (-880.50), while institutional investors like State Street and Vanguard have materially increased their stakes recently.

United States Antimony Co. (NYSEAMERICAN:UAMY - Get Free Report)'s share price rose 6.8% during trading on Thursday . The stock traded as high as $8.62 and last traded at $8.8610. Approximately 2,581,486 shares traded hands during trading, a decline of 82% from the average daily volume of 14,481,838 shares. The stock had previously closed at $8.30.

Wall Street Analyst Weigh In

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

United States Antimony Price Performance

The stock has a 50 day simple moving average of $8.90 and a 200-day simple moving average of $8.04. The firm has a market cap of $1.23 billion, a PE ratio of -880.50 and a beta of -0.01.

Hedge Funds Weigh In On United States Antimony

Hedge funds have recently bought and sold shares of the company. State Street Corp increased its stake in United States Antimony by 30.5% during the 4th quarter. State Street Corp now owns 7,669,026 shares of the company's stock valued at $38,499,000 after purchasing an additional 1,794,234 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of United States Antimony by 22.5% in the third quarter. Vanguard Group Inc. now owns 5,597,951 shares of the company's stock worth $34,707,000 after buying an additional 1,026,412 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of United States Antimony by 22.3% during the fourth quarter. Geode Capital Management LLC now owns 2,655,922 shares of the company's stock valued at $13,336,000 after buying an additional 484,172 shares during the last quarter. Segall Bryant & Hamill LLC purchased a new stake in shares of United States Antimony during the third quarter valued at approximately $15,384,000. Finally, Truist Financial Corp increased its position in shares of United States Antimony by 6.0% during the third quarter. Truist Financial Corp now owns 2,151,318 shares of the company's stock valued at $13,338,000 after acquiring an additional 122,500 shares in the last quarter. Institutional investors own 9.49% of the company's stock.

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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