Traders Purchase High Volume of Call Options on United States Antimony (NYSE:UAMY)

United States Antimony Co. (NYSE:UAMY) saw some unusual options trading activity on Wednesday. Investors purchased 9,533 call options on the stock. This is an increase of 504% compared to the typical daily volume of 1,578 call options.

United States Antimony Stock Performance

UAMY opened at $3.52 on Friday. The stock’s 50 day simple moving average is $2.48 and its 200 day simple moving average is $1.76. The stock has a market cap of $403.50 million, a P/E ratio of -88.00 and a beta of 0.15. United States Antimony has a 1-year low of $0.21 and a 1-year high of $3.86. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.24 and a quick ratio of 5.84.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in UAMY. Virtu Financial LLC acquired a new position in shares of United States Antimony in the third quarter worth $63,000. Miracle Mile Advisors LLC acquired a new position in United States Antimony in the 4th quarter valued at about $930,000. Kingsview Wealth Management LLC purchased a new position in United States Antimony in the 4th quarter valued at about $35,000. Truist Financial Corp boosted its stake in shares of United States Antimony by 15.1% during the 4th quarter. Truist Financial Corp now owns 1,528,818 shares of the company’s stock worth $2,706,000 after purchasing an additional 200,000 shares during the last quarter. Finally, Beirne Wealth Consulting Services LLC grew its holdings in shares of United States Antimony by 300.0% during the fourth quarter. Beirne Wealth Consulting Services LLC now owns 100,000 shares of the company’s stock worth $177,000 after buying an additional 75,000 shares in the last quarter. Hedge funds and other institutional investors own 9.49% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on UAMY shares. HC Wainwright raised their target price on shares of United States Antimony from $2.50 to $2.60 and gave the stock a “buy” rating in a research note on Friday, March 21st. D. Boral Capital initiated coverage on shares of United States Antimony in a report on Wednesday, April 23rd. They set a “buy” rating and a $5.00 price target for the company. B. Riley reaffirmed a “buy” rating on shares of United States Antimony in a report on Tuesday, April 15th. StockNews.com raised United States Antimony from a “sell” rating to a “hold” rating in a research note on Wednesday. Finally, D Boral Capital raised United States Antimony to a “strong-buy” rating in a report on Wednesday, April 23rd. One analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $2.90.

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.