United States Antimony Corp (AMEX: UAMY): Stock No Longer In Incline?

The trading price of United States Antimony Corp (AMEX:UAMY) closed higher on Friday, December 06, and closing at $1.90, 40.74% higher than its previous close.

Traders who pay close attention to intraday price movement should know that it fluctuated between $1.34 and $1.94. In examining the 52-week price action we see that the stock hit a 52-week high of $1.37 and a 52-week low of $0.17. Over the past month, the stock has gained 208.99% in value.

United States Antimony Corp, whose market valuation is $290.00 million at the time of this writing, is expected to release its quarterly earnings report in January. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0 per share this quarter, however they have predicted annual earnings per share of 0 for current year and 0 for next year.

From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 12.54M.

On the technical side, indicators suggest UAMY has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.

A quick review shows that UAMY’s price is currently 136.03% off the SMA20 and 159.95% off the SMA50. The RSI metric on the 14-day chart is currently showing 89.13, and weekly volatility stands at 28.36%. When measured over the past 30 days, the indicator reaches 14.85%. United States Antimony Corp (AMEX:UAMY)’s beta value is currently sitting at 0.90, while the Average True Range indicator is currently displaying 0.15.

To see how United States Antimony Corp stock has been performing in comparison to its peers in the industry, here are the numbers: UAMY stock’s performance was 40.74% in the latest trading, and 636.43% in the past year.

An evaluation of the daily trading volume of United States Antimony Corp (AMEX:UAMY) indicates that the 3-month average is 1.30 million. However, this figure has increased over the past 10 days to an average of 6.55.

Currently, records show that 108.44 million of the company’s shares remain outstanding. The insiders hold 23.47% of outstanding shares, whereas institutions hold 18.11%. The stats also highlight that short interest as of 2024-11-15, stood at 2.15 million shares, resulting in a short ratio of 4.42 at that time. From this, we can conclude that short interest is 203.00 of the company’s total outstanding shares. It is noteworthy that short shares in November were up slightly from the previous month’s figure, which was 1.92 million. However, since the stock’s price has seen 663.05% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.

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