United States Antimony (NYSEAMERICAN:UAMY) Stock Price Down 8.3% – Time to Sell?

United States Antimony Co. (NYSEAMERICAN:UAMY) dropped 8.3% on Monday . The company traded as low as $8.01 and last traded at $8.0280. Approximately 5,109,935 shares traded hands during trading, a decline of 65% from the average daily volume of 14,791,234 shares. The stock had previously closed at $8.75.

Analyst Ratings Changes

Several research firms have issued reports on UAMY. Alliance Global Partners restated a “buy” rating on shares of United States Antimony in a research note on Wednesday, February 11th. HC Wainwright reissued a “buy” rating and set a $10.25 target price on shares of United States Antimony in a report on Tuesday, February 3rd. Finally, B. Riley Financial increased their price target on United States Antimony from $9.00 to $11.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. Five research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $8.75.

United States Antimony Price Performance

The stock’s 50-day moving average price is $8.91 and its 200-day moving average price is $8.04. The company has a market cap of $1.17 billion, a P/E ratio of -838.50 and a beta of -0.01.

Institutional Trading of United States Antimony

A number of institutional investors have recently bought and sold shares of UAMY. Hsbc Holdings PLC acquired a new position in shares of United States Antimony during the 4th quarter worth approximately $123,000. SHP Wealth Management acquired a new stake in shares of United States Antimony in the fourth quarter valued at approximately $192,000. Caitong International Asset Management Co. Ltd boosted its stake in shares of United States Antimony by 1,651.8% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 29,325 shares of the company’s stock valued at $147,000 after buying an additional 27,651 shares during the period. Kera Capital Partners Inc. bought a new stake in shares of United States Antimony in the fourth quarter valued at approximately $771,000. Finally, Virtu Financial LLC acquired a new stake in United States Antimony during the fourth quarter worth approximately $945,000. Institutional investors own 9.49% of the company’s stock.

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.