Insider Buying: United States Antimony (NYSE:UAMY) Director Purchases $100,536.00 in Stock

Key Points

  • Director Joseph Carrabba purchased 21,300 UAMY shares at $4.72 each, investing $100,536 and increasing his direct stake by 12.03% to 198,401 shares.
  • UAMY opened at $4.67, near its 52-week low of $4.14 and well below its 52-week high of $19.71; the stock has a market capitalization of approximately $699 million.
  • Analysts maintain a “Moderate Buy” consensus, with four Buy ratings and one Sell rating and an average price target of $10.12, despite HC Wainwright lowering its target to $9.25.

United States Antimony Co. (NYSE:UAMY - Get Free Report) Director Joseph Carrabba acquired 21,300 shares of the business's stock in a transaction dated Tuesday, September 1st. The stock was purchased at an average price of $4.72 per share, with a total value of $100,536.00. Following the completion of the acquisition, the director directly owned 198,401 shares in the company, valued at approximately $936,452.72. This represents a 12.03% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

United States Antimony Stock Performance

Shares of UAMY opened at $4.67 on Wednesday. The firm has a market cap of $698.96 million, a price-to-earnings ratio of -35.92 and a beta of 0.39. The firm has a 50 day moving average price of $5.92 and a 200-day moving average price of $7.94. United States Antimony Co. has a fifty-two week low of $4.14 and a fifty-two week high of $19.71.

Analysts Set New Price Targets

Several research 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 dropped their price target on United States Antimony from $11.75 to $9.25 and set a "buy" rating on the stock in a research report on Wednesday, August 12th. Four analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $10.12.




Get Our Latest Research Report on UAMY

Hedge Funds Weigh In On United States Antimony

A number of hedge funds have recently bought and sold shares of UAMY. KBC Group NV purchased a new position in shares of United States Antimony during the first quarter valued at approximately $31,000. Raymond James Financial Inc. purchased a new stake in shares of United States Antimony in the 2nd quarter worth $33,000. Meeder Asset Management Inc. bought a new position in shares of United States Antimony in the fourth quarter worth about $35,000. Harbour Investments Inc. lifted its position in shares of United States Antimony by 106.2% during the 4th quarter. Harbour Investments Inc. now owns 7,962 shares of the company's stock valued at $40,000 after buying an additional 4,101 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC grew its stake in shares of United States Antimony by 925.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 10,250 shares of the company's stock valued at $51,000 after acquiring an additional 9,250 shares during the period. Hedge funds and other institutional investors own 9.49% of the company's stock.

United States Antimony Company Profile

(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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