United States Antimony (NYSE:UAMY) Shares Up 5.2% - What's Next?

Key Points

• Shares of United States Antimony Co. (NYSE:UAMY) increased by 5.2% on Wednesday, trading at approximately $4.54, though trading volume was 71% lower than its average.
• Research analysts have mixed views on the stock, with HC Wainwright maintaining a "buy" rating and a price target of $4.50, while Wall Street Zen has downgraded it to "sell."
• Hedge funds have been actively increasing their stakes in United States Antimony, with significant increases in holdings from firms like Geode Capital Management and Truist Financial Corp..

United States Antimony Co. (NYSE:UAMY - Get Free Report)'s share price shot up 5.2% on Wednesday . The stock traded as high as $4.50 and last traded at $4.54. 1,176,464 shares were traded during trading, a decline of 71% from the average session volume of 4,059,474 shares. The stock had previously closed at $4.31.

Analysts Set New Price Targets

A number of research analysts have issued reports on UAMY shares. D. Boral Capital reiterated a "buy" rating and set a $5.00 price target on shares of United States Antimony in a research report on Thursday, August 14th. HC Wainwright restated a "buy" rating and set a $4.50 price objective on shares of United States Antimony in a research note on Wednesday, August 13th. Finally, Wall Street Zen downgraded shares of United States Antimony from a "hold" rating to a "sell" rating in a report on Thursday, May 15th. One investment analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the stock. According to MarketBeat.com, United States Antimony currently has a consensus rating of "Buy" and an average target price of $3.38.

United States Antimony Trading Down 4.4%

The company has a debt-to-equity ratio of 0.01, a current ratio of 6.24 and a quick ratio of 5.84. The business has a fifty day moving average of $3.59 and a 200-day moving average of $2.88. The stock has a market capitalization of $535.85 million, a price-to-earnings ratio of -107.75 and a beta of 0.05.

Institutional Investors Weigh In On United States Antimony

Hedge funds and other institutional investors have recently bought and sold shares of the business. Raymond James Financial Inc. bought a new stake in United States Antimony in the second quarter worth about $33,000. ProShare Advisors LLC bought a new stake in United States Antimony in the second quarter worth about $41,000. Penbrook Management LLC bought a new stake in United States Antimony in the second quarter worth about $44,000. Police & Firemen s Retirement System of New Jersey bought a new stake in United States Antimony in the second quarter worth about $47,000. Finally, Cetera Investment Advisers bought a new stake in United States Antimony in the fourth quarter worth about $40,000. 9.49% of the stock is currently owned by institutional investors.

United States Antimony Company Profile

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.