United States Antimony (NYSE:UAMY) Shares Gap Down After Analyst Downgrade

Key Points

• United States Antimony shares fell sharply, opening at $5.44 after closing at $6.58, following HC Wainwright’s price-target cut from $11.75 to $9.25. The firm maintained its Buy rating.
• Analyst sentiment remains generally positive, with five Buy ratings and one Sell rating producing a consensus “Moderate Buy” rating and an average price target of $8.42; Weiss Ratings separately reiterated a Sell rating.
• Director Jon R. Marinelli bought 12,500 shares for approximately $93,125, while institutional investors own 9.49% of the company and insiders own 5.50%.

United States Antimony Co. (NYSE:UAMY - Get Free Report)'s stock price gapped down before the market opened on Wednesday after HC Wainwright lowered their price target on the stock from $11.75 to $9.25. The stock had previously closed at $6.58, but opened at $5.44. HC Wainwright currently has a buy rating on the stock. United States Antimony shares last traded at $5.2660, with a volume of 5,102,278 shares traded.

Separately, Weiss Ratings reissued a "sell (d-)" rating on shares of United States Antimony in a research report on Wednesday, June 17th. Five investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $8.42.

Insider Activity at United States Antimony

In related news, Director Jon R. Marinelli purchased 12,500 shares of the firm's stock in a transaction that occurred on Monday, June 15th. The stock was purchased at an average cost of $7.45 per share, with a total value of $93,125.00. Following the completion of the acquisition, the director directly owned 12,500 shares in the company, valued at $93,125. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. 5.50% of the stock is owned by company insiders.

Institutional Investors Weigh In On United States Antimony

Institutional investors have recently made changes to their positions in the stock. KBC Group NV purchased a new stake in United States Antimony during the first quarter worth about $31,000. Raymond James Financial Inc. purchased a new stake in shares of United States Antimony during the second quarter worth about $33,000. Meeder Asset Management Inc. purchased a new position in shares of United States Antimony during the 4th quarter worth $35,000. Harbour Investments Inc. boosted its stake in United States Antimony by 106.2% in the 4th quarter. Harbour Investments Inc. now owns 7,962 shares of the company's stock worth $40,000 after buying an additional 4,101 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC grew its holdings in United States Antimony by 925.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 10,250 shares of the company's stock valued at $51,000 after purchasing an additional 9,250 shares during the period. 9.49% of the stock is currently owned by hedge funds and other institutional investors.

United States Antimony Trading Down 20.7%

The firm has a market capitalization of $772.81 million, a PE ratio of -40.12 and a beta of 0.39. The firm has a 50-day moving average of $6.65 and a two-hundred day moving average of $8.32.

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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