Key Points
- CEO Gary Evans bought 20,000 UAMY shares at an average price of $4.92, investing $98,400 and increasing his stake by 0.78% to 2.59 million shares.
- UAMY shares opened at $4.86, near their one-year low of $4.14 and well below the one-year high of $19.71; the company’s market capitalization was approximately $727.4 million.
- Institutional ownership stands at 9.49%, while analysts maintain a “Moderate Buy” consensus with an average price target of $10.12, despite one sell rating and a recent target reduction by HC Wainwright.
United States Antimony Co. (NYSE:UAMY - Get Free Report) CEO Gary Evans bought 20,000 shares of the business's stock in a transaction dated Friday, August 28th. The shares were bought at an average cost of $4.92 per share, for a total transaction of $98,400.00. Following the transaction, the chief executive officer owned 2,590,028 shares in the company, valued at approximately $12,742,937.76. The trade was a 0.78% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
United States Antimony Price Performance
Shares of NYSE:UAMY opened at $4.86 on Friday. The business has a 50 day simple moving average of $6.03 and a two-hundred day simple moving average of $7.99. United States Antimony Co. has a 1 year low of $4.14 and a 1 year high of $19.71. The firm has a market capitalization of $727.40 million, a PE ratio of -37.38 and a beta of 0.39.
Hedge Funds Weigh In On United States Antimony
A number of hedge funds and other institutional investors have recently modified their holdings of UAMY. Goldman Sachs Group Inc. increased its holdings in shares of United States Antimony by 36.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 359,692 shares of the company's stock valued at $791,000 after acquiring an additional 95,811 shares during the period. Geode Capital Management LLC boosted its stake in United States Antimony by 144.6% in the 2nd quarter. Geode Capital Management LLC now owns 1,955,494 shares of the company's stock worth $4,264,000 after purchasing an additional 1,156,021 shares in the last quarter. Creative Planning purchased a new stake in shares of United States Antimony during the second quarter valued at $368,000. JPMorgan Chase & Co. increased its holdings in shares of United States Antimony by 2,441.9% in the second quarter. JPMorgan Chase & Co. now owns 127,093 shares of the company's stock valued at $277,000 after purchasing an additional 122,093 shares during the period. Finally, Legal & General Group Plc purchased a new position in United States Antimony during the 2nd quarter worth approximately $51,000. 9.49% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Several analysts have recently weighed in on UAMY shares. Weiss Ratings reiterated a "sell (d-)" rating on shares of United States Antimony in a research report on Wednesday, June 17th. HC Wainwright reduced their price target on shares of United States Antimony from $11.75 to $9.25 and set a "buy" rating on the stock in a research note on Wednesday, August 12th. Four analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, United States Antimony currently has an average rating of "Moderate Buy" and an average target price of $10.12.
Read Our Latest Stock Analysis on United States Antimony
About United States Antimony
(
Get Free Report)
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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