Gary Evans Buys 20,000 Shares of United States Antimony (NYSE:UAMY) Stock

United States Antimony Co. (NYSE:UAMY) CEO Gary Evans acquired 20,000 shares of the firm’s stock in a transaction dated Friday, August 28th. The shares were acquired at an average price of $4.92 per share, for a total transaction of $98,400.00. Following the acquisition, the chief executive officer directly owned 2,590,028 shares of the company’s stock, valued at approximately $12,742,937.76. The trade was a 0.78% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

United States Antimony Price Performance

Shares of NYSE:UAMY traded down $0.30 during midday trading on Friday, reaching $4.86. The company’s stock had a trading volume of 8,651,883 shares, compared to its average volume of 7,311,271. The business has a 50 day moving average price of $6.03 and a 200 day moving average price of $7.99. United States Antimony Co. has a 1 year low of $4.14 and a 1 year high of $19.71.

Institutional Trading of United States Antimony

A number of institutional investors and hedge funds have recently bought and sold shares of UAMY. KBC Group NV purchased a new position in United States Antimony in the first quarter valued at approximately $31,000. Meeder Asset Management Inc. purchased a new stake in United States Antimony during the fourth quarter worth approximately $35,000. Harbour Investments Inc. grew its stake in 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 buying an additional 4,101 shares during the period. Geneos Wealth Management Inc. increased its position in shares of United States Antimony by 17.9% in the first quarter. Geneos Wealth Management Inc. now owns 9,892 shares of the company’s stock worth $86,000 after acquiring an additional 1,500 shares in the last quarter. Finally, Focus Partners Wealth acquired a new stake in shares of United States Antimony in the third quarter worth $62,000. Institutional investors and hedge funds own 9.49% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on UAMY shares. Weiss Ratings restated a “sell (d-)” rating on shares of United States Antimony in a report on Wednesday, June 17th. HC Wainwright cut their price objective on shares of United States Antimony from $11.75 to $9.25 and set a “buy” rating on the stock in a report on Wednesday, August 12th. Four analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, United States Antimony presently has a consensus rating of “Moderate Buy” and an average price target of $10.12.

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.