United States Antimony (NYSE:UAMY) Hits New 1-Year High - Should You Buy?

Key Points

• United States Antimony Co. reached a new 52-week high of $5.18, indicating strong market performance.
• Analysts maintain a positive outlook, with a consensus rating of "Buy" and various price targets, including $5.00 from D. Boral Capital.
• Institutional investors are actively increasing their stakes, with Man Group plc and others investing significant amounts during the second quarter.

United States Antimony Co. (NYSE:UAMY - Get Free Report)'s share price hit a new 52-week high on Tuesday . The stock traded as high as $5.18 and last traded at $5.07, with a volume of 165864 shares traded. The stock had previously closed at $5.07.

Analysts Set New Price Targets

Several brokerages have recently weighed in on UAMY. HC Wainwright reiterated a "buy" rating and set a $4.50 price target on shares of United States Antimony in a research note on Wednesday, August 13th. D. Boral Capital reiterated a "buy" rating and set a $5.00 price target on shares of United States Antimony in a research note on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the company's stock. According to data from MarketBeat, United States Antimony currently has an average rating of "Buy" and an average price target of $3.38.

United States Antimony Stock Performance

The company has a current ratio of 6.24, a quick ratio of 5.84 and a debt-to-equity ratio of 0.01. The business's 50 day moving average is $4.08 and its two-hundred day moving average is $3.08. The company has a market cap of $806.89 million, a PE ratio of -162.25 and a beta of 0.05.

Institutional Trading of United States Antimony

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Jefferies Financial Group Inc. increased its holdings in United States Antimony by 23.7% in the 1st quarter. Jefferies Financial Group Inc. now owns 36,256 shares of the company's stock valued at $80,000 after acquiring an additional 6,956 shares during the last quarter. Raymond James Financial Inc. bought a new stake in United States Antimony in the 2nd quarter valued at $33,000. Northern Trust Corp increased its holdings in United States Antimony by 11.4% in the 4th quarter. Northern Trust Corp now owns 163,045 shares of the company's stock valued at $289,000 after acquiring an additional 16,743 shares during the last quarter. Calamos Advisors LLC increased its holdings in United States Antimony by 16.5% in the 2nd quarter. Calamos Advisors LLC now owns 127,149 shares of the company's stock valued at $277,000 after acquiring an additional 17,992 shares during the last quarter. Finally, ProShare Advisors LLC bought a new stake in United States Antimony in the 2nd quarter valued at $41,000. 9.49% of the stock is currently owned by institutional investors.

About United States Antimony

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.