United States Antimony (NYSE:UAMY) Shares Up 6.7% - Should You Buy?

Key Points

• United States Antimony shares rose 6.7% to about $5.30 in mid-day trading, though volume was 62% below the stock’s average daily level.
• Analyst sentiment remains mixed: HC Wainwright lowered its price target to $9.25 but maintained a Buy rating, while Weiss Ratings reiterated a Sell rating. Overall, five analysts rate the stock Buy and one rates it Sell, producing a “Moderate Buy” consensus with an average target of $8.42.
• Director Jon R. Marinelli purchased 12,500 shares at an average price of $7.45, while institutional ownership stands at 9.49% and insider ownership at 5.50%.

United States Antimony Co. (NYSE:UAMY - Get Free Report) was up 6.7% during mid-day trading on Thursday . The company traded as high as $5.46 and last traded at $5.3010. Approximately 4,385,551 shares traded hands during trading, a decline of 62% from the average daily volume of 11,564,197 shares. The stock had previously closed at $4.97.

Analyst Ratings Changes

UAMY has been the topic of a number of recent research reports. HC Wainwright cut their price objective on shares of United States Antimony from $11.75 to $9.25 and set a "buy" rating on the stock in a report on Wednesday. Weiss Ratings reiterated a "sell (d-)" rating on shares of United States Antimony in a research note on Wednesday, June 17th. Five research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, United States Antimony has a consensus rating of "Moderate Buy" and an average price target of $8.42.

United States Antimony Stock Performance

The company has a market capitalization of $778.74 million, a PE ratio of -40.42 and a beta of 0.39. The company's 50-day moving average is $6.57 and its 200 day moving average is $8.29.

Insider Activity at United States Antimony

In other news, Director Jon R. Marinelli purchased 12,500 shares of the business's stock in a transaction dated Monday, June 15th. The shares were purchased at an average price of $7.45 per share, for a total transaction 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 represents a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 5.50% of the stock is currently owned by insiders.

Institutional Trading of United States Antimony

Several institutional investors have recently added to or reduced their stakes in UAMY. KBC Group NV purchased a new position in shares of United States Antimony in the first quarter worth $31,000. Meeder Asset Management Inc. purchased a new stake in shares of United States Antimony during the fourth quarter valued at $35,000. Harbour Investments Inc. increased its holdings 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 in the last quarter. Geneos Wealth Management Inc. raised its position in United States Antimony by 17.9% in the 1st quarter. Geneos Wealth Management Inc. now owns 9,892 shares of the company's stock worth $86,000 after buying an additional 1,500 shares during the last quarter. Finally, Focus Partners Wealth purchased a new position in United States Antimony in the 3rd quarter worth about $62,000. 9.49% of the stock is currently owned by hedge funds and other institutional investors.

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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