United States Antimony (NYSE:UAMY) Upgraded by B. Riley to Strong-Buy Rating

B. Riley upgraded shares of United States Antimony (NYSE:UAMY) to a strong-buy rating in a research note issued to investors on Thursday,Zacks.com reports.

Separately, HC Wainwright upped their price target on United States Antimony from $2.50 to $2.60 and gave the stock a “buy” rating in a report on Friday.

United States Antimony Stock Up 17.9 %

UAMY stock opened at $2.11 on Thursday. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.24 and a quick ratio of 5.84. The company has a 50-day moving average of $1.68 and a two-hundred day moving average of $1.24. The stock has a market capitalization of $228.82 million, a price-to-earnings ratio of -52.75 and a beta of 0.67. United States Antimony has a 52-week low of $0.21 and a 52-week high of $2.35.

Hedge Funds Weigh In On United States Antimony

Several large investors have recently added to or reduced their stakes in UAMY. Commonwealth Equity Services LLC raised its stake in shares of United States Antimony by 47.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 30,060 shares of the company’s stock valued at $53,000 after purchasing an additional 9,630 shares in the last quarter. Northern Trust Corp boosted its position in shares of United States Antimony by 11.4% during the 4th quarter. Northern Trust Corp now owns 163,045 shares of the company’s stock valued at $289,000 after acquiring an additional 16,743 shares in the last quarter. Geode Capital Management LLC raised its position in United States Antimony by 2.2% in the fourth quarter. Geode Capital Management LLC now owns 788,728 shares of the company’s stock worth $1,397,000 after purchasing an additional 16,905 shares in the last quarter. Kingsview Wealth Management LLC bought a new position in United States Antimony during the fourth quarter worth about $35,000. Finally, Cetera Investment Advisers acquired a new stake in United States Antimony during the fourth quarter valued at approximately $40,000. Institutional investors and hedge funds own 9.49% of the company’s stock.

United States Antimony Company Profile

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.