United States Antimony (NYSE:UAMY) Given New $2.60 Price Target at HC Wainwright

United States Antimony (NYSE:UAMY) had its price target upped by HC Wainwright from $2.50 to $2.60 in a research note published on Friday morning,Benzinga reports. They currently have a buy rating on the stock.

United States Antimony Trading Up 17.9 %

Shares of UAMY opened at $2.11 on Friday. The company has a quick ratio of 5.84, a current ratio of 6.24 and a debt-to-equity ratio of 0.01. United States Antimony has a 12-month low of $0.21 and a 12-month high of $2.35. The firm has a market capitalization of $228.82 million, a PE ratio of -52.75 and a beta of 0.67. The stock’s fifty day simple moving average is $1.68 and its 200-day simple moving average is $1.24.

Hedge Funds Weigh In On United States Antimony

Large investors have recently made changes to their positions in the company. Kingsview Wealth Management LLC acquired a new position in shares of United States Antimony during the fourth quarter valued at $35,000. Cetera Investment Advisers bought a new stake in United States Antimony in the fourth quarter valued at about $40,000. Tower Research Capital LLC TRC increased its holdings 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 purchasing an additional 25,557 shares during the last quarter. Jefferies Financial Group Inc. bought a new stake in United States Antimony in the fourth quarter valued at about $52,000. Finally, Financial Sense Advisors Inc. bought a new stake in United States Antimony in the fourth quarter valued at about $53,000. 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.