United States Antimony Co. (NYSEAMERICAN:UAMY) Given Average Rating of “Buy” by Brokerages

United States Antimony Co. (NYSEAMERICAN:UAMY) has been assigned an average recommendation of “Buy” from the five research firms that are presently covering the stock, MarketBeat reports. Five analysts have rated the stock with a buy rating. The average twelve-month target price among brokers that have covered the stock in the last year is $8.75.

A number of research firms have commented on UAMY. Alliance Global Partners restated a “buy” rating on shares of United States Antimony in a research note on Wednesday, February 11th. B. Riley Financial lifted their price objective on shares of United States Antimony from $9.00 to $11.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. Finally, HC Wainwright restated a “buy” rating and issued a $10.25 price objective on shares of United States Antimony in a research note on Tuesday, February 3rd.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. CoreCap Advisors LLC acquired a new position in shares of United States Antimony during the fourth quarter worth about $27,000. Nova Wealth Management Inc. increased its stake in shares of United States Antimony by 405.0% during the third quarter. Nova Wealth Management Inc. now owns 5,050 shares of the company’s stock worth $31,000 after acquiring an additional 4,050 shares during the period. Raymond James Financial Inc. acquired a new position in shares of United States Antimony during the second quarter worth about $33,000. Meeder Asset Management Inc. acquired a new position in shares of United States Antimony during the fourth quarter worth about $35,000. Finally, Harbour Investments Inc. increased its stake in shares of United States Antimony by 106.2% during the fourth quarter. Harbour Investments Inc. now owns 7,962 shares of the company’s stock worth $40,000 after acquiring an additional 4,101 shares during the period. 9.49% of the stock is currently owned by institutional investors and hedge funds.

United States Antimony Price Performance

Shares of UAMY opened at $10.70 on Thursday. United States Antimony has a 1-year low of $1.94 and a 1-year high of $19.71. The stock has a market cap of $1.50 billion, a PE ratio of -1,070.00 and a beta of -0.01. The firm has a fifty day moving average price of $8.85 and a 200 day moving average price of $8.23.

United States Antimony Company Profile

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.