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 morning,Zacks.com reports.

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

United States Antimony Trading Up 17.9 %

NYSE:UAMY opened at $2.11 on Thursday. The company has a quick ratio of 5.84, a current ratio of 6.24 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $228.82 million, a PE ratio of -52.75 and a beta of 0.67. The stock’s 50 day moving average price is $1.68 and its 200 day moving average price is $1.24. United States Antimony has a 52-week low of $0.21 and a 52-week high of $2.35.

Institutional Investors Weigh In On United States Antimony

Hedge funds have recently modified their holdings of the stock. Truist Financial Corp increased its stake in shares of United States Antimony by 15.1% during the fourth quarter. Truist Financial Corp now owns 1,528,818 shares of the company’s stock worth $2,706,000 after acquiring an additional 200,000 shares during the period. Renaissance Technologies LLC increased its position in United States Antimony by 30.6% during the 4th quarter. Renaissance Technologies LLC now owns 971,900 shares of the company’s stock worth $1,720,000 after purchasing an additional 228,000 shares during the period. 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 acquiring an additional 16,905 shares in the last quarter. Miracle Mile Advisors LLC purchased a new position in shares of United States Antimony in the 4th quarter valued at about $930,000. Finally, Two Sigma Investments LP purchased a new position in United States Antimony in the fourth quarter valued at about $565,000. 9.49% of the stock is 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.