United States Antimony (NYSE:UAMY) Stock Price Up 5.5% - Here's What Happened

Key Points

• United States Antimony's stock increased by 5.5%, reaching a high of $4.95 during trading, with a significant volume of over 2.36 million shares exchanged.
• Wall Street analysts have varied opinions on the stock, with one downgrade to a "sell" and multiple "buy" ratings, projecting target prices between $4.50 and $5.00.
• Institutional investors have significantly increased their stakes in United States Antimony, with notable increases from firms like Tower Research Capital and Two Sigma Advisers.

United States Antimony Co. (NYSE:UAMY - Get Free Report) rose 5.5% during trading on Tuesday . The company traded as high as $4.95 and last traded at $4.55. Approximately 2,363,153 shares were traded during trading, a decline of 42% from the average daily volume of 4,061,577 shares. The stock had previously closed at $4.31.

Analyst Ratings Changes

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

United States Antimony Stock Up 7.4%

The firm's 50-day moving average price is $3.83 and its 200 day moving average price is $2.98. The firm has a market cap of $612.94 million, a P/E ratio of -123.25 and a beta of 0.05. The company has a quick ratio of 5.84, a current ratio of 6.24 and a debt-to-equity ratio of 0.01.

Hedge Funds Weigh In On United States Antimony

Institutional investors and hedge funds have recently bought and sold shares of the stock. Cetera Investment Advisers bought a new position in United States Antimony in the 4th quarter valued at about $40,000. Two Sigma Advisers LP bought a new position in shares of United States Antimony during the 4th quarter valued at about $407,000. Two Sigma Investments LP bought a new position in shares of United States Antimony during the 4th quarter valued at about $565,000. OMERS ADMINISTRATION Corp bought a new position in shares of United States Antimony during the 1st quarter valued at about $436,000. Finally, Squarepoint Ops LLC bought a new position in shares of United States Antimony during the 4th quarter valued at about $209,000. Institutional investors own 9.49% of the company's stock.

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.