StockNews.com Begins Coverage on United States Antimony (NYSE:UAMY)

StockNews.com began coverage on shares of United States Antimony (NYSE:UAMY) in a report released on Thursday morning. The brokerage issued a hold rating on the stock.

United States Antimony Stock Up 3.2 %

NYSE:UAMY opened at $0.22 on Thursday. The firm has a market capitalization of $24.01 million, a P/E ratio of -3.72 and a beta of 0.56. The company has a fifty day moving average of $0.24 and a 200 day moving average of $0.26. United States Antimony has a 52 week low of $0.17 and a 52 week high of $0.48.

United States Antimony (NYSE:UAMY) last issued its quarterly earnings data on Friday, April 12th. The company reported ($0.03) EPS for the quarter. The firm had revenue of $1.67 million for the quarter. United States Antimony had a negative net margin of 73.05% and a negative return on equity of 21.83%.

Institutional Trading of United States Antimony

Several hedge funds and other institutional investors have recently made changes to their positions in UAMY. Boston Financial Mangement LLC bought a new stake in United States Antimony in the third quarter worth $40,000. Logan Capital Management Inc. bought a new position in United States Antimony in the 3rd quarter worth about $44,000. Finally, Cambridge Investment Research Advisors Inc. grew its position in United States Antimony by 21.0% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 310,594 shares of the company’s stock valued at $115,000 after purchasing an additional 54,000 shares during the last quarter. Hedge funds and other institutional investors own 9.49% of the company’s stock.

About United States Antimony

United States Antimony Corporation produces and sells antimony, silver, gold, and zeolite products in the United States, Mexico, and Canada. The company 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.