United States Antimony Co. (NYSE:UAMY - Get Free Report) saw strong trading volume on Wednesday . 6,591,302 shares were traded during trading, an increase of 37% from the previous session's volume of 4,800,660 shares.The stock last traded at $9.60 and had previously closed at $8.70.
Wall Street Analyst Weigh In
Several analysts have commented on the company. HC Wainwright increased their target price on United States Antimony from $4.50 to $8.50 and gave the company a "buy" rating in a research note on Friday, September 26th. D. Boral Capital reiterated a "buy" rating and set a $5.00 target price on shares of United States Antimony in a research note on Thursday, August 14th. One investment analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $4.38.
Check Out Our Latest Stock Report on United States Antimony
United States Antimony Trading Up 8.4%
The stock has a fifty day moving average of $5.03 and a 200 day moving average of $3.58. The company has a market capitalization of $1.21 billion, a P/E ratio of -235.13 and a beta of -0.10. The company has a debt-to-equity ratio of 0.01, a quick ratio of 5.84 and a current ratio of 6.24.
Insider Buying and Selling
In related news, CEO Gary C. Evans bought 100,000 shares of the firm's stock in a transaction that occurred on Friday, September 26th. The shares were bought at an average cost of $6.13 per share, with a total value of $613,000.00. Following the acquisition, the chief executive officer owned 2,378,818 shares in the company, valued at $14,582,154.34. This trade represents a 4.39% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 4.20% of the company's stock.
Hedge Funds Weigh In On United States Antimony
A number of institutional investors have recently bought and sold shares of UAMY. Nova Wealth Management Inc. raised its holdings in United States Antimony by 405.0% in the 3rd 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 during the period. Raymond James Financial Inc. bought a new position in United States Antimony in the 2nd quarter worth $33,000. ProShare Advisors LLC bought a new stake in United States Antimony during the second quarter valued at about $41,000. Penbrook Management LLC bought a new stake in United States Antimony during the second quarter valued at about $44,000. Finally, Police & Firemen s Retirement System of New Jersey bought a new stake in United States Antimony during the second quarter valued at about $47,000. 9.49% of the stock is owned by institutional investors.
About United States Antimony
(
Get Free Report)
United States Antimony Corporation produces and sells antimony, silver, gold, precious metals, and zeolite products in the United States, and Canada. It operates through Antimony, Zeolite, and Precious Metals segments. The company offers antimony oxide that is primarily used in conjunction with a halogen to form a synergistic flame retardant system for plastics, rubber, fiberglass, textile goods, paints, coatings, and paper, as well as color fastener in paints and as a phosphorescent agent in fluorescent light bulbs; antimony trisulfide used as a primer in ammunition; and antimony metal for use in bearings, storage batteries, and ordnance.
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