United States Antimony (NYSE:UAMY) Now Covered by Analysts at Alliance Global Partners

Stock analysts at Alliance Global Partners started coverage on shares of United States Antimony (NYSE:UAMY) in a research note issued on Tuesday,Benzinga reports. The brokerage set a “buy” rating and a $1.00 price target on the stock. Alliance Global Partners’ price objective suggests a potential upside of 57.28% from the company’s previous close.

Separately, StockNews.com started coverage on shares of United States Antimony in a research note on Friday, August 30th. They issued a “sell” rating on the stock.

United States Antimony Trading Up 11.6 %

United States Antimony stock traded up $0.07 during mid-day trading on Tuesday, hitting $0.64. The company’s stock had a trading volume of 596,355 shares, compared to its average volume of 440,554. 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 company has a 50 day moving average of $0.67 and a 200-day moving average of $0.48. United States Antimony has a one year low of $0.17 and a one year high of $0.82. The stock has a market cap of $68.95 million, a PE ratio of -15.90 and a beta of 0.84.

Institutional Investors Weigh In On United States Antimony

An institutional investor recently raised its position in United States Antimony stock. Truist Financial Corp boosted its holdings in shares of United States Antimony Co. (NYSE:UAMY) by 23.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,328,818 shares of the company’s stock after acquiring an additional 250,000 shares during the period. Truist Financial Corp owned about 1.23% of United States Antimony worth $447,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 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.