United States Antimony (NYSE:UAMY) Trading Up 7.3% – Here’s What Happened

Shares of United States Antimony Co. (NYSE:UAMY) were up 7.3% during mid-day trading on Thursday . The company traded as high as $2.09 and last traded at $2.06. Approximately 3,928,996 shares changed hands during trading, an increase of 74% from the average daily volume of 2,259,423 shares. The stock had previously closed at $1.92.

Wall Street Analysts Forecast Growth

UAMY has been the topic of a number of analyst reports. Alliance Global Partners initiated coverage on shares of United States Antimony in a research note on Tuesday, November 19th. They set a “buy” rating and a $1.00 target price on the stock. HC Wainwright initiated coverage on shares of United States Antimony in a research note on Tuesday, December 10th. They set a “buy” rating and a $2.50 target price on the stock.

United States Antimony Stock Performance

The company has a current ratio of 6.24, a quick ratio of 5.84 and a debt-to-equity ratio of 0.01. The business’s 50 day moving average is $1.78 and its two-hundred day moving average is $1.05. The company has a market cap of $206.06 million, a PE ratio of -47.50 and a beta of 0.62.

United States Antimony (NYSE:UAMY) last announced its quarterly earnings results on Tuesday, November 12th. The company reported ($0.01) EPS for the quarter. The company had revenue of $2.42 million during the quarter. United States Antimony had a negative return on equity of 16.58% and a negative net margin of 45.32%. On average, equities research analysts anticipate that United States Antimony Co. will post -0.01 EPS for the current year.

Institutional Trading of United States Antimony

Several hedge funds have recently bought and sold shares of UAMY. Kingsview Wealth Management LLC purchased a new stake in United States Antimony in the 4th quarter worth $35,000. Tower Research Capital LLC TRC lifted its stake in United States Antimony by 2,205.1% in the 4th quarter. Tower Research Capital LLC TRC now owns 26,716 shares of the company’s stock worth $47,000 after purchasing an additional 25,557 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in United States Antimony by 47.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 30,060 shares of the company’s stock worth $53,000 after purchasing an additional 9,630 shares in the last quarter. Financial Sense Advisors Inc. purchased a new stake in United States Antimony in the 4th quarter worth $53,000. Finally, Virtu Financial LLC bought a new stake in shares of United States Antimony in the 3rd quarter worth about $63,000. Hedge funds and other institutional investors own 9.49% of the company’s stock.

United States Antimony Company Profile

United States Antimony Corporation produces and sells antimony, silver, gold, precious metals, and zeolite products in the United States, and Canada. It operates through Antimony, Zeolite, and Precious Metals segments. The company offers antimony oxide that is primarily used in conjunction with a halogen to form a synergistic flame retardant system for plastics, rubber, fiberglass, textile goods, paints, coatings, and paper, as well as color fastener in paints and as a phosphorescent agent in fluorescent light bulbs; antimony trisulfide used as a primer in ammunition; and antimony metal for use in bearings, storage batteries, and ordnance.