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

StockNews.com initiated coverage on shares of United States Antimony (NYSE:UAMY) in a research report released on Tuesday morning. The brokerage issued a hold rating on the stock.

United States Antimony Stock Up 5.3 %

Shares of NYSE:UAMY opened at $0.26 on Tuesday. The firm’s 50 day moving average price is $0.24 and its 200 day moving average price is $0.27. The stock has a market cap of $28.00 million, a price-to-earnings ratio of -4.34 and a beta of 0.54. United States Antimony has a fifty-two week low of $0.17 and a fifty-two week high of $0.48. The company has a quick ratio of 11.52, a current ratio of 12.99 and a debt-to-equity ratio of 0.01.

United States Antimony (NYSE:UAMY) last announced its earnings results on Friday, April 12th. The company reported ($0.03) EPS for the quarter. United States Antimony had a negative net margin of 73.05% and a negative return on equity of 20.97%. The business had revenue of $1.67 million during the quarter.

Institutional Investors Weigh In On United States Antimony

Several institutional investors and hedge funds have recently made changes to their positions in the business. Moneta Group Investment Advisors LLC increased its stake in shares of United States Antimony by 80,772.5% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 13,185,459 shares of the company’s stock valued at $6,420,000 after acquiring an additional 13,169,155 shares during the last quarter. Truist Financial Corp bought a new position in United States Antimony during the fourth quarter worth $487,000. Cambridge Investment Research Advisors Inc. lifted its stake in United States Antimony by 349.6% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 166,594 shares of the company’s stock worth $63,000 after purchasing an additional 129,544 shares during the last quarter. D.A. Davidson & CO. lifted its stake in United States Antimony by 1,211.5% in the first quarter. D.A. Davidson & CO. now owns 135,343 shares of the company’s stock valued at $87,000 after buying an additional 125,023 shares during the last quarter. Finally, Logan Capital Management Inc. bought a new stake in United States Antimony in the third quarter valued at $44,000. 9.49% of the stock is currently owned by hedge funds and other institutional investors.

About United States Antimony

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.