Truist Financial Corp Grows Position in United States Antimony Co. (NYSE:UAMY)

Truist Financial Corp boosted its stake in shares of United States Antimony Co. (NYSE:UAMY) by 15.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,528,818 shares of the company’s stock after acquiring an additional 200,000 shares during the quarter. Truist Financial Corp owned about 1.41% of United States Antimony worth $2,706,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the business. Miracle Mile Advisors LLC purchased a new stake in shares of United States Antimony in the fourth quarter valued at $930,000. Virtu Financial LLC bought a new stake in United States Antimony in the third quarter valued at about $63,000. Finally, Kingsview Wealth Management LLC bought a new stake in United States Antimony in the fourth quarter valued at about $35,000. 9.49% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have weighed in on UAMY. HC Wainwright began coverage on United States Antimony in a research report on Tuesday, December 10th. They issued a “buy” rating and a $2.50 target price for the company. Alliance Global Partners initiated coverage on shares of United States Antimony in a research note on Tuesday, November 19th. They issued a “buy” rating and a $1.00 target price for the company.

United States Antimony Stock Down 3.3 %

United States Antimony stock opened at $1.45 on Wednesday. United States Antimony Co. has a twelve month low of $0.17 and a twelve month high of $2.35. The company’s 50-day moving average price is $1.77 and its two-hundred day moving average price is $1.12. The stock has a market cap of $157.25 million, a P/E ratio of -36.25 and a beta of 0.62. The company has a quick ratio of 5.84, a current ratio of 6.24 and a debt-to-equity ratio of 0.01.

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.