United States Antimony (NYSE:UAMY) Earns Buy Rating from Analysts at B. Riley

Analysts at B. Riley initiated coverage on shares of United States Antimony (NYSE:UAMY) in a research note issued to investors on Friday, Marketbeat.com reports. The brokerage set a “buy” rating and a $3.00 price target on the stock. B. Riley’s target price would suggest a potential upside of 42.18% from the stock’s previous close.

Separately, HC Wainwright increased their price objective on United States Antimony from $2.50 to $2.60 and gave the company a “buy” rating in a report on Friday.

United States Antimony Stock Performance

NYSE UAMY opened at $2.11 on Friday. The company has a market capitalization of $228.82 million, a price-to-earnings ratio of -52.75 and a beta of 0.67. United States Antimony has a twelve month low of $0.21 and a twelve month high of $2.35. The stock has a fifty day simple moving average of $1.68 and a 200 day simple moving average of $1.24. The company has a quick ratio of 5.84, a current ratio of 6.24 and a debt-to-equity ratio of 0.01.

Institutional Trading of United States Antimony

Large investors have recently bought and sold shares of the business. Kingsview Wealth Management LLC acquired a new stake in United States Antimony during the 4th quarter worth about $35,000. Cetera Investment Advisers acquired a new stake in United States Antimony during the 4th quarter worth about $40,000. Tower Research Capital LLC TRC grew its holdings in United States Antimony by 2,205.1% during the 4th quarter. Tower Research Capital LLC TRC now owns 26,716 shares of the company’s stock worth $47,000 after acquiring an additional 25,557 shares during the period. Jefferies Financial Group Inc. acquired a new stake in United States Antimony during the 4th quarter worth about $52,000. Finally, Commonwealth Equity Services LLC grew its holdings in United States Antimony by 47.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 30,060 shares of the company’s stock worth $53,000 after acquiring an additional 9,630 shares during the period. 9.49% of the stock is currently owned by institutional investors and hedge funds.

About United States Antimony

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.