Miracle Mile Advisors LLC Buys Shares of 525,558 United States Antimony Co. (NYSE:UAMY)

Miracle Mile Advisors LLC bought a new stake in United States Antimony Co. (NYSE:UAMY - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 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 as of its most recent filing with the Securities & Exchange Commission.

Separately, Truist Financial Corp raised its position in United States Antimony by 23.2% during the second quarter. Truist Financial Corp now owns 1,328,818 shares of the company's stock valued at $447,000 after purchasing an additional 250,000 shares during the period. Hedge funds and other institutional investors own 9.49% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have recently commented on UAMY. HC Wainwright initiated coverage on United States Antimony in a 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 report on Tuesday, November 19th. They set a "buy" rating and a $1.00 price objective on the stock.

United States Antimony Trading Up 4.6 %

Shares of UAMY traded up $0.08 during trading hours on Thursday, reaching $1.82. 2,304,132 shares of the company traded hands, compared to its average volume of 2,438,943. The firm has a market cap of $197.38 million, a price-to-earnings ratio of -45.50 and a beta of 0.63. United States Antimony Co. has a 12-month low of $0.17 and a 12-month high of $2.35. The stock's fifty day moving average price is $1.33 and its 200 day moving average price is $0.83. 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 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.