Miracle Mile Advisors LLC Takes $930,000 Position in United States Antimony Co. (NYSE:UAMY)

Miracle Mile Advisors LLC purchased a new position in United States Antimony Co. (NYSE:UAMY) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 525,558 shares of the company’s stock, valued at approximately $930,000. Miracle Mile Advisors LLC owned approximately 0.48% of United States Antimony at the end of the most recent quarter.

Separately, Truist Financial Corp boosted its position in shares of United States Antimony by 23.2% in the second quarter. Truist Financial Corp now owns 1,328,818 shares of the company’s stock worth $447,000 after buying an additional 250,000 shares during the period. Institutional investors and hedge funds own 9.49% of the company’s stock.

Wall Street Analyst Weigh In

UAMY has been the subject of several research analyst reports. HC Wainwright began coverage on United States Antimony in a research note on Tuesday, December 10th. They issued a “buy” rating and a $2.50 price objective for the company. Alliance Global Partners initiated coverage on shares of United States Antimony in a report on Tuesday, November 19th. They set a “buy” rating and a $1.00 price target for the company.

United States Antimony Price Performance

UAMY opened at $1.74 on Thursday. The stock has a fifty day moving average price of $1.31 and a 200 day moving average price of $0.82. The company has a current ratio of 6.24, a quick ratio of 5.84 and a debt-to-equity ratio of 0.01. United States Antimony Co. has a 1 year low of $0.17 and a 1 year high of $2.35. The stock has a market cap of $188.70 million, a price-to-earnings ratio of -43.50 and a beta of 0.63.

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.