United States Antimony (NYSE:UAMY) Coverage Initiated by Analysts at StockNews.com

Posted by Doug Madison on Apr 25th, 2024

StockNews.com began coverage on shares of United States Antimony (NYSE:UAMY – Free Report) in a report released on Wednesday. The firm issued a hold rating on the stock.

United States Antimony Price Performance

UAMY stock opened at $0.24 on Wednesday. United States Antimony has a 52-week low of $0.17 and a 52-week high of $0.48. The business has a fifty day moving average of $0.24 and a two-hundred day moving average of $0.26.

United States Antimony (NYSE:UAMY – Get Free Report) last released its quarterly earnings results on Friday, April 12th. The company reported ($0.03) earnings per share for the quarter. The business had revenue of $1.67 million for the quarter. United States Antimony had a negative return on equity of 21.83% and a negative net margin of 73.05%.

Institutional Investors Weigh In On United States Antimony

A number of institutional investors and hedge funds have recently made changes to their positions in UAMY. Cambridge Investment Research Advisors Inc. increased its holdings in United States Antimony by 21.0% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 310,594 shares of the company’s stock valued at $115,000 after purchasing an additional 54,000 shares during the last quarter. Boston Financial Mangement LLC purchased a new position in shares of United States Antimony during the third quarter worth $40,000. Finally, Logan Capital Management Inc. acquired a new stake in shares of United States Antimony in the third quarter valued at $44,000. 9.49% of the stock is owned by hedge funds and other institutional investors.

United States Antimony Company Profile

(Get Free Report)

United States Antimony Corporation produces and sells antimony, silver, gold, and zeolite products in the United States, Mexico, and Canada. The company 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.