HC Wainwright Boosts United States Antimony (NYSE:UAMY) Price Target to $2.60

United States Antimony (NYSE:UAMY) had its target price increased by equities research analysts at HC Wainwright from $2.50 to $2.60 in a research note issued to investors on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. HC Wainwright’s target price suggests a potential upside of 45.25% from the stock’s current price.

United States Antimony Price Performance

NYSE UAMY opened at $1.79 on Friday. The company has a 50 day simple moving average of $1.67 and a 200-day simple moving average of $1.23. 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 firm has a market capitalization of $194.12 million, a price-to-earnings ratio of -44.75 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.

Institutional Trading of United States Antimony

A number of hedge funds have recently made changes to their positions in UAMY. Kingsview Wealth Management LLC purchased a new stake in shares of United States Antimony in the fourth quarter worth approximately $35,000. Cetera Investment Advisers acquired a new position in United States Antimony in the fourth quarter worth approximately $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 worth $47,000 after buying an additional 25,557 shares during the last quarter. Jefferies Financial Group Inc. acquired a new position in United States Antimony in the fourth quarter worth approximately $52,000. Finally, Commonwealth Equity Services LLC increased its holdings in United States Antimony by 47.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 30,060 shares of the company’s stock worth $53,000 after buying an additional 9,630 shares during the last quarter. 9.49% of the stock is owned by hedge funds and other institutional investors.

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.