HC Wainwright Forecasts Strong Price Appreciation for United States Antimony (NYSE:UAMY) Stock

United States Antimony (NYSE:UAMY) had its target price hoisted by HC Wainwright from $2.50 to $2.60 in a research report sent to investors on Friday,Benzinga reports. The brokerage currently has a buy rating on the stock. HC Wainwright also issued estimates for United States Antimony’s FY2025 earnings at $0.04 EPS.

United States Antimony Stock Up 17.9 %

Shares of NYSE UAMY opened at $2.11 on Friday. United States Antimony has a 1 year low of $0.21 and a 1 year high of $2.35. The company has a market capitalization of $228.82 million, a price-to-earnings ratio of -52.75 and a beta of 0.67. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.24 and a quick ratio of 5.84. The business has a 50-day moving average of $1.68 and a two-hundred day moving average of $1.25.

Hedge Funds Weigh In On United States Antimony

A number of institutional investors and hedge funds have recently added to or reduced their stakes in UAMY. Kingsview Wealth Management LLC purchased a new stake in shares of United States Antimony during the 4th quarter worth approximately $35,000. Cetera Investment Advisers acquired a new stake in United States Antimony during the 4th quarter worth $40,000. Tower Research Capital LLC TRC lifted its position in United States Antimony by 2,205.1% in the fourth quarter. Tower Research Capital LLC TRC now owns 26,716 shares of the company’s stock valued at $47,000 after acquiring an additional 25,557 shares during the last quarter. Jefferies Financial Group Inc. purchased a new stake in United States Antimony in the fourth quarter valued at $52,000. Finally, Commonwealth Equity Services LLC boosted its stake in United States Antimony by 47.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 30,060 shares of the company’s stock valued at $53,000 after acquiring an additional 9,630 shares in the last quarter. 9.49% of the stock is owned by institutional investors and hedge funds.

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.