United States Antimony (NYSE:UAMY) Shares Up 10.5% – Here’s Why

Shares of United States Antimony Co. (NYSE:UAMY) traded up 10.5% on Monday . The stock traded as high as $5.56 and last traded at $5.6040. Approximately 3,145,491 shares were traded during trading, a decline of 73% from the average session volume of 11,735,663 shares. The stock had previously closed at $5.07.

Analyst Ratings Changes

A number of brokerages have weighed in on UAMY. Weiss Ratings reiterated a “sell (d-)” rating on shares of United States Antimony in a research report on Wednesday, June 17th. HC Wainwright raised their target price on United States Antimony from $11.50 to $11.75 and gave the company a “buy” rating in a research report on Monday, May 18th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $9.25.

United States Antimony Trading Up 11.5%

The company has a market cap of $838.01 million, a PE ratio of -43.42 and a beta of 0.39. The firm’s fifty day moving average is $7.04 and its 200 day moving average is $8.43.

Insider Activity

In related news, Director Jon R. Marinelli bought 12,500 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were acquired at an average price of $7.45 per share, for a total transaction of $93,125.00. Following the completion of the transaction, the director directly owned 12,500 shares in the company, valued at $93,125. This trade represents a ? increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 5.50% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of UAMY. State Street Corp increased its stake in United States Antimony by 30.5% during the 4th quarter. State Street Corp now owns 7,669,026 shares of the company’s stock worth $38,499,000 after buying an additional 1,794,234 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of United States Antimony by 22.5% in the third quarter. Vanguard Group Inc. now owns 5,597,951 shares of the company’s stock valued at $34,707,000 after purchasing an additional 1,026,412 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of United States Antimony by 22.3% in the 4th quarter. Geode Capital Management LLC now owns 2,655,922 shares of the company’s stock worth $13,336,000 after acquiring an additional 484,172 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of United States Antimony by 448.6% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,344,780 shares of the company’s stock worth $6,751,000 after acquiring an additional 1,099,634 shares during the period. Finally, UBS Group AG raised its holdings in shares of United States Antimony by 416.0% during the 4th quarter. UBS Group AG now owns 1,283,636 shares of the company’s stock worth $6,444,000 after acquiring an additional 1,034,880 shares during the period. 9.49% of the stock is owned by hedge funds and other institutional investors.

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.