United States Antimony Corporation (AMEX: UAMY) stock jumped 1.47% on Wednesday to $0.33 against a previous-day closing price of $0.33. With 0.12 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.2 million shares. During the session, the Other Industrial Metals & Mining company that operates in wider Basic Materials sector, reached to the highest price of $0.3384 whereas the lowest price it dropped to was $0.3155. The 52-week range on UAMY shows that it touched its highest point at $0.70 and its lowest point at $0.32 during that stretch. Beta for the stock currently stands at 1.13.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of UAMY was down-trending over the past week, with a drop of -2.90%, but this was down by -7.42% over a month. Three-month performance dropped to -29.40% while six-month performance fell -21.93%. The stock lost -48.16% in the past year, while it has lost -33.35% so far this year.
Float and Shares Shorts:
At present, 106.29 million UAMY shares are outstanding with a float of 84.07 million shares on hand for trading. On Oct 13, 2022, short shares totaled 1.36 million, which was 1.28% higher than short shares on Sep 14, 2022. In addition to Mr. Russell C. Lawrence as the firm’s Chairman & Pres, Mr. John C. Gustavsen serves as its CEO & Director.
Through their ownership of 16.61% of UAMY’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 4.46% of UAMY, in contrast to 4.43% held by mutual funds. Shares owned by individuals account for 21.76%. As the largest shareholder in UAMY with 3.52% of the stake, The Vanguard Group, Inc. holds 3,737,868 shares worth 3,737,868. A second-largest stockholder of UAMY, BlackRock Fund Advisors, holds 1,629,830 shares, controlling over 1.53% of the firm’s shares. Geode Capital Management LLC is the third largest shareholder in UAMY, holding 598,467 shares or 0.56% stake. With a 2.37% stake in UAMY, the Vanguard Total Stock Market Index is the largest stakeholder. A total of 2,521,476 shares are owned by the mutual fund manager. The Vanguard Extended Market Index Fu, which owns about 1.13% of UAMY stock, is the second-largest Mutual Fund holder. It holds 1,197,293 shares valued at 0.45 million. Fidelity Extended Market Index Fu holds 0.38% of the stake in UAMY, owning 399,486 shares worth 0.15 million.
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for UAMY since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With UAMY analysts setting a high price target of $0.60 and a low target of $0.60, the average target price over the next 12 months is $0.60. Based on these targets, UAMY could surge 81.82% to reach the target high and rise by 81.82% to reach the target low. Reaching the average price target will result in a growth of 81.82% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. UAMY will report FY 2019 earnings on 03/14/2023. Analysts have provided yearly estimates in a range of -$0.02 being high and -$0.02 being low. For UAMY, this leads to a yearly average estimate of -$0.02.
Summary of Insider Activity:
Insiders traded UAMY stock several times over the past three months with 4 Buys and 0 Sells. In these transactions, 35,000 shares were bought while 0 shares were sold. The number of buy transactions has increased to 18 while that of sell transactions has risen to 1 over the past year. The total number of shares bought during that period was 217,500 while 10,000 shares were sold.