United States Antimony Corp (AMEX: UAMY) Offers Excellent Downside

United States Antimony Corp (AMEX:UAMY) price on Thursday, June 12, fall -0.33% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $3.02.

A look at the stock’s price movement, the close in the last trading session was $3.03. Turning to its 52-week performance, $3.86 and $0.27 were the 52-week high and 52-week low respectively. Overall, UAMY moved 17.05% over the past month.

United States Antimony Corp’s market cap currently stands at around $359.62 million, with investors looking forward to this quarter’s earnings report slated for in July.

Analysts have a consensus estimate of 10.23M for the company’s revenue for the quarter, with a low and high estimate of 10.23M and 10.23M respectively. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 46.63M, representing a 212.18% jump on that reported in the last financial year.

Turning to the stock’s technical picture we see that short term indicators suggest on average that UAMY is a 50% 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 11.46% and 4.74% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 55.09, while 7-day volatility ratio is 5.54% and 5.40% in the 30-day chart. Further, United States Antimony Corp (UAMY) has a beta value of 0.06, and an average true range (ATR) of 0.30.

If we refocus on United States Antimony Corp (AMEX:UAMY), historical trading data shows that trading volumes averaged 3.94 million over the past 3 months. The company’s latest data on shares outstanding shows there are 116.11 million shares.

The 24.23% of United States Antimony Corp’s shares are in the hands of company insiders while institutional holders own 22.30% of the company’s shares. Current price change has pushed the stock 70.62% 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.

Stocks Register
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.