United States Antimony Co. (NYSE:UAMY – Get Free Report) shares traded up 7.2% during mid-day trading on Friday . The stock traded as high as $0.76 and last traded at $0.75. 1,651,517 shares changed hands during mid-day trading, an increase of 319% from the average session volume of 394,253 shares. The stock had previously closed at $0.70.
Wall Street Analyst Weigh In
Separately, StockNews.com started coverage on shares of United States Antimony in a research note on Friday, August 30th. They set a “sell” rating on the stock.
United States Antimony Stock Performance
Insider Buying and Selling
In other news, Director Michael A. Mcmanus, Jr. bought 135,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 14th. The shares were bought at an average cost of $0.38 per share, with a total value of $51,300.00. Following the completion of the purchase, the director now directly owns 218,333 shares in the company, valued at $82,966.54. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders have purchased a total of 147,500 shares of company stock worth $58,125 in the last ninety days. 2.10% of the stock is owned by insiders.
Institutional Trading of United States Antimony
An institutional investor recently raised its position in United States Antimony stock. Truist Financial Corp boosted its stake in United States Antimony Co. (NYSE:UAMY – Free Report) by 23.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,328,818 shares of the company’s stock after acquiring an additional 250,000 shares during the period. Truist Financial Corp owned 1.23% of United States Antimony worth $447,000 at the end of the most recent reporting period. Institutional investors own 9.49% of the company’s stock.
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.
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