United States Antimony Corp Touches $2.06: Is The Risk Worth It For This Price?

United States Antimony Corp (AMEX:UAMY) price on Thursday, December 26, rose 9.57% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $2.06.

A look at the stock’s price movement, the close in the last trading session was $1.88, moving within a range at $1.905 and $2.1788. Turning to its 52-week performance, $2.35 and $0.17 were the 52-week high and 52-week low respectively. Overall, UAMY moved 182.15% over the past month.

United States Antimony Corp’s market cap currently stands at around $223.40 million, with investors looking forward to this quarter’s earnings report slated for in January.

Analysts have a consensus estimate of 4.47M for the company’s revenue for the quarter, with a low and high estimate of 4.47M and 4.47M respectively.

Turning to the stock’s technical picture we see that short term indicators suggest on average that UAMY is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.

UAMY’s current price about 31.89% and 102.87% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 66.40, while 7-day volatility ratio is 13.60% and 20.43% in the 30-day chart. Further, United States Antimony Corp (UAMY) has a beta value of 0.83, and an average true range (ATR) of 0.26.

If we refocus on United States Antimony Corp (AMEX:UAMY), historical trading data shows that trading volumes averaged 7.63 over the past 10 days and 3.09 million over the past 3 months. The company’s latest data on shares outstanding shows there are 108.44 million shares.

The 23.72% of United States Antimony Corp’s shares are in the hands of company insiders while institutional holders own 18.11% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 2.26 million on 2024-11-29, giving us a short ratio of 3.31. The data shows that as of 2024-11-29 short interest in United States Antimony Corp (UAMY) stood at 213.00000999999997 of shares outstanding, with shares short rising to 2.08 million registered in 2024-10-31. Current price change has pushed the stock 727.31% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the UAMY stock continues to rise going into the next quarter.

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