Dymon Asia Capital Singapore PTE. LTD. acquired a new stake in shares of United States Antimony Co. (NYSE:UAMY – Free Report) during the fourth quarter, HoldingsChannel reports. The fund acquired 163,398 shares of the company’s stock, valued at approximately $820,000.
A number of other hedge funds and other institutional investors have also recently modified their holdings of UAMY. State Street Corp lifted its position in United States Antimony by 30.5% during the fourth quarter. State Street Corp now owns 7,669,026 shares of the company’s stock valued at $38,499,000 after acquiring an additional 1,794,234 shares during the last quarter. Vanguard Group Inc. lifted its position in United States Antimony by 22.5% during the third quarter. Vanguard Group Inc. now owns 5,597,951 shares of the company’s stock valued at $34,707,000 after acquiring an additional 1,026,412 shares during the last quarter. Geode Capital Management LLC lifted its position in United States Antimony by 22.3% during the fourth quarter. Geode Capital Management LLC now owns 2,655,922 shares of the company’s stock valued at $13,336,000 after acquiring an additional 484,172 shares during the last quarter. Segall Bryant & Hamill LLC purchased a new stake in United States Antimony during the third quarter valued at approximately $15,384,000. Finally, Goldman Sachs Group Inc. lifted its position in United States Antimony by 448.6% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,344,780 shares of the company’s stock valued at $6,751,000 after acquiring an additional 1,099,634 shares during the last quarter. 9.49% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently commented on the stock. Weiss Ratings assumed 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 target price 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 target price 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. Five research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, United States Antimony has a consensus rating of “Moderate Buy” and a consensus price target of $9.25.
United States Antimony Trading Down 3.7%
NYSE UAMY opened at $7.06 on Friday. The company has a fifty day simple moving average of $9.32 and a two-hundred day simple moving average of $8.29. The stock has a market cap of $1.05 billion, a P/E ratio of -54.32 and a beta of 0.31. United States Antimony Co. has a 12-month low of $1.94 and a 12-month high of $19.71.
United States Antimony (NYSE:UAMY – Get Free Report) last posted its quarterly earnings results on Thursday, March 19th. The company reported ($0.01) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.01). The business had revenue of $13.03 million during the quarter, compared to analysts’ expectations 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, sell-side analysts forecast that United States Antimony Co. will post 0.04 earnings per share for the current year.
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.
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