United States Antimony (NYSE:UAMY) Stock Price Up 9.8% After Analyst Upgrade

Key Points

• Shares jumped 9.8% after analyst HC Wainwright raised its price target from $10.25 to $11.50 and kept a buy rating; the stock traded as high as $9.17 (last $8.96) on Monday with 10.56M shares changing hands, about 30% below its average volume.
• The company reported quarterly EPS of ($0.01) that met estimates and revenue of $13.03 million, above the $11.75 million consensus; United States Antimony has a market cap of $1.27 billion and a negative P/E of -182.00.
• United States Antimony is a U.S.-based producer of antimony and antimony-derived products, selling antimony trioxide and refined antimony metal into flame-retardant, alloying and other specialty industrial supply chains.

United States Antimony (NYSE:UAMY - Get Free Report) shares shot up 9.8% during trading on Monday after HC Wainwright raised their price target on the stock from $10.25 to $11.50. HC Wainwright currently has a buy rating on the stock. United States Antimony traded as high as $9.17 and last traded at $8.96. 10,560,398 shares were traded during trading, a decline of 30% from the average session volume of 15,162,592 shares. The stock had previously closed at $8.16.

United States Antimony Stock Performance

The stock has a market cap of $1.27 billion, a price-to-earnings ratio of -182.00 and a beta of -0.01.

United States Antimony (NYSE:UAMY - Get Free Report) last announced its earnings results on Thursday, March 19th. The company reported ($0.01) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.01). The firm had revenue of $13.03 million for the quarter, compared to analyst estimates of $11.75 million.

About United States Antimony

United States Antimony NYSE: UAMY is a United States–based producer of antimony and antimony-derived products. The company’s principal activities include the recovery, refining and manufacture of antimony metal and antimony compounds for sale to industrial and chemical customers. Its product range typically includes antimony trioxide and refined antimony metal, which are sold into manufacturing supply chains that require flame-retardant chemicals, alloying agents and other specialty applications.

Antimony products supplied by the company serve a variety of end markets.

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