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

B. Riley initiated coverage on shares of United States Antimony (NYSE:UAMY) in a research note published on Friday morning, MarketBeat Ratings reports. The brokerage issued a buy rating and a $3.00 price objective on the stock.

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

United States Antimony Stock Up 17.9 %

UAMY stock opened at $2.11 on Friday. The company has a 50 day moving average price of $1.68 and a two-hundred day moving average price of $1.25. The company has a debt-to-equity ratio of 0.01, a quick ratio of 5.84 and a current ratio of 6.24. The stock has a market capitalization of $228.82 million, a P/E ratio of -52.75 and a beta of 0.67. United States Antimony has a one year low of $0.21 and a one year high of $2.35.

Hedge Funds Weigh In On United States Antimony

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Miracle Mile Advisors LLC acquired a new position in shares of United States Antimony in the 4th quarter valued at $930,000. Two Sigma Investments LP acquired a new position in United States Antimony in the fourth quarter valued at $565,000. Two Sigma Advisers LP purchased a new stake in United States Antimony during the fourth quarter valued at about $407,000. Renaissance Technologies LLC increased its stake in United States Antimony by 30.6% during the fourth quarter. Renaissance Technologies LLC now owns 971,900 shares of the company’s stock worth $1,720,000 after acquiring an additional 228,000 shares during the last quarter. Finally, Truist Financial Corp raised its holdings in shares of United States Antimony by 15.1% in the 4th quarter. Truist Financial Corp now owns 1,528,818 shares of the company’s stock worth $2,706,000 after purchasing an additional 200,000 shares during the period. Institutional investors and hedge funds own 9.49% of the company’s stock.

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.