Alliance Global Partners Initiates Coverage on United States Antimony (NYSE:UAMY)

Alliance Global Partners started coverage on shares of United States Antimony (NYSE:UAMY) in a research note published on Tuesday, Marketbeat Ratings reports. The brokerage issued a buy rating and a $1.00 price target on the stock.

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

United States Antimony Price Performance

Shares of United States Antimony stock opened at $0.74 on Tuesday. The company has a 50-day simple moving average of $0.68 and a two-hundred day simple moving average of $0.49. The stock has a market capitalization of $79.70 million, a PE ratio of -18.38 and a beta of 0.84. United States Antimony has a 52-week low of $0.17 and a 52-week high of $0.82. The company has a debt-to-equity ratio of 0.01, a quick ratio of 5.84 and a current ratio of 6.24.

Institutional Trading of United States Antimony

An institutional investor recently raised its position in United States Antimony stock. Truist Financial Corp boosted its position in United States Antimony Co. (NYSE:UAMY) by 23.2% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,328,818 shares of the company’s stock after purchasing 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 SEC filing. 9.49% of the stock is currently owned by institutional investors and hedge funds.

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.