United States Antimony (NYSE:UAMY) Stock Rating Upgraded by B. Riley

B. Riley upgraded shares of United States Antimony (NYSE:UAMY) to a strong-buy rating in a research note issued to investors on Thursday morning,Zacks.com reports.

Separately, HC Wainwright upped their price target on United States Antimony from $2.50 to $2.60 and gave the company a “buy” rating in a research note on Friday.

United States Antimony Stock Performance

Shares of United States Antimony stock opened at $2.11 on Thursday. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.24 and a quick ratio of 5.84. United States Antimony has a fifty-two week low of $0.21 and a fifty-two week high of $2.35. The firm has a market cap of $228.82 million, a P/E ratio of -52.75 and a beta of 0.67. The firm has a 50 day simple moving average of $1.68 and a 200 day simple moving average of $1.24.

Institutional Trading of United States Antimony

A number of hedge funds and other institutional investors have recently modified their holdings of UAMY. Jefferies Financial Group Inc. acquired a new position in United States Antimony during the fourth quarter worth $52,000. Squarepoint Ops LLC bought a new stake in shares of United States Antimony in the 4th quarter valued at about $209,000. Two Sigma Advisers LP acquired a new stake in United States Antimony in the 4th quarter valued at about $407,000. Two Sigma Investments LP bought a new position in United States Antimony during the fourth quarter worth about $565,000. Finally, Millennium Management LLC increased its position in United States Antimony by 228.4% during the fourth quarter. Millennium Management LLC now owns 100,793 shares of the company’s stock worth $178,000 after buying an additional 70,105 shares during the last quarter. Institutional investors and hedge funds 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.