United States Antimony Co. (NYSE:UAMY) Receives Average Rating of “Moderate Buy” from Analysts

United States Antimony Co. (NYSE:UAMY) has earned an average recommendation of “Moderate Buy” from the six research firms that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation and five have given a buy recommendation to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $9.25.

Several analysts have commented on UAMY shares. Alliance Global Partners reissued a “buy” rating on shares of United States Antimony in a research report on Wednesday, February 11th. Weiss Ratings started coverage on shares of United States Antimony in a research report on Friday, March 20th. They set a “sell (d-)” rating for the company. HC Wainwright increased their price target on shares of United States Antimony from $11.50 to $11.75 and gave the company a “buy” rating in a research report on Monday, May 18th. Finally, B. Riley Financial increased their price target on shares of United States Antimony from $9.00 to $11.00 and gave the company a “buy” rating in a research report on Tuesday, February 24th.

United States Antimony Stock Performance

UAMY stock opened at $9.10 on Friday. The firm has a market cap of $1.35 billion, a price-to-earnings ratio of -69.97 and a beta of 0.43. The firm has a 50-day simple moving average of $9.46 and a two-hundred day simple moving average of $8.21. United States Antimony has a one year low of $1.94 and a one year high of $19.71.

United States Antimony (NYSE:UAMY) last released its quarterly earnings results on Thursday, March 19th. The company reported ($0.01) EPS for the quarter, meeting the consensus estimate of ($0.01). The business had revenue of $13.03 million during the quarter, compared to analyst estimates of $11.75 million. United States Antimony had a negative net margin of 41.44% and a negative return on equity of 7.20%. As a group, equities analysts predict that United States Antimony will post 0.04 earnings per share for the current fiscal year.

Institutional Trading of United States Antimony

Several hedge funds have recently modified their holdings of the company. Verus Capital Partners LLC purchased a new stake in shares of United States Antimony during the first quarter valued at about $122,000. Royal Bank of Canada raised its position in shares of United States Antimony by 109.3% in the 1st quarter. Royal Bank of Canada now owns 148,212 shares of the company’s stock valued at $1,294,000 after purchasing an additional 77,399 shares during the last quarter. Quantinno Capital Management LP raised its position in shares of United States Antimony by 307.8% in the 1st quarter. Quantinno Capital Management LP now owns 123,546 shares of the company’s stock valued at $1,079,000 after purchasing an additional 93,250 shares during the last quarter. Gateway Wealth Partners LLC purchased a new position in shares of United States Antimony in the 1st quarter valued at approximately $103,000. Finally, Sei Investments Co. raised its position in shares of United States Antimony by 237.4% in the 1st quarter. Sei Investments Co. now owns 37,008 shares of the company’s stock valued at $323,000 after purchasing an additional 26,040 shares during the last quarter. 9.49% of the stock is owned by hedge funds and other institutional investors.

About United States Antimony

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.