United States Antimony (NYSE:UAMY) Trading Up 11.8% - Should You Buy?

Key Points

• United States Antimony's share price increased by 11.8%, trading at $6.59 with a significant volume of 2,682,466 shares traded on Friday.
• Wall Street analysts have a positive outlook, with several maintaining a "buy" rating and an average target price of $3.38 for the stock.
• The company has a low debt-to-equity ratio of 0.01, indicating sound financial health and stability.

United States Antimony Co. (NYSE:UAMY - Get Free Report)'s share price was up 11.8% during mid-day trading on Friday . The company traded as high as $6.65 and last traded at $6.59. Approximately 2,682,466 shares were traded during trading, a decline of 35% from the average daily volume of 4,139,025 shares. The stock had previously closed at $5.89.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on UAMY shares. HC Wainwright reissued a "buy" rating and issued a $4.50 price objective on shares of United States Antimony in a report on Wednesday, August 13th. D. Boral Capital reissued a "buy" rating and set a $5.00 price target on shares of United States Antimony in a research report on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of $3.38.

United States Antimony Stock Up 10.1%

The company has a debt-to-equity ratio of 0.01, a quick ratio of 5.84 and a current ratio of 6.24. The firm has a market capitalization of $806.27 million, a P/E ratio of -161.63 and a beta of 0.05. The stock has a fifty day moving average price of $4.08 and a two-hundred day moving average price of $3.08.

Institutional Investors Weigh In On United States Antimony

Hedge funds have recently modified their holdings of the stock. Raymond James Financial Inc. purchased a new stake in United States Antimony in the 2nd quarter worth about $33,000. ProShare Advisors LLC acquired a new position in shares of United States Antimony during the 2nd quarter valued at about $41,000. Penbrook Management LLC bought a new stake in United States Antimony during the 2nd quarter valued at approximately $44,000. Police & Firemen s Retirement System of New Jersey acquired a new stake in shares of United States Antimony in the second quarter worth $47,000. Finally, Cetera Investment Advisers acquired a new stake in shares of United States Antimony in the fourth quarter worth $40,000. 9.49% of the stock is owned by hedge funds and other 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.

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