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In a remarkable display of market performance, United States Antimony Corp (UAMY) stock has reached a 52-week high, touching $2.36. According to InvestingPro data, analysts have set price targets ranging from $2.60 to $3.00, suggesting potential upside. This peak reflects a significant surge in investor confidence and market valuation for the company, which specializes in the production and sale of antimony, a critical mineral used in flame retardant materials and other industrial applications. The company maintains a healthy financial position with a current ratio of 5.16, indicating strong liquidity. Over the past year, UAMY has seen an extraordinary 756.37% change in its stock price, with impressive gains of 31.18% in the past week alone, indicating a robust bullish trend and heightened investor interest in the commodities sector. The company’s strategic initiatives and market positioning have contributed to this impressive growth, marking a notable period in its financial trajectory. Revenue has grown 71.84% over the last twelve months. InvestingPro subscribers can access 13 additional investment tips and a comprehensive Pro Research Report for deeper insights into UAMY’s performance and outlook.
In other recent news, U.S. Antimony Corporation reported significant financial results for the fourth quarter of 2024. The company achieved record revenues of $14.9 million, marking a 72% increase compared to the previous year, and turned a gross profit of $3.5 million, a stark improvement from a $3.3 million loss in 2023. Antimony sales rose by 88%, while zeolite sales increased by 19%. Additionally, B.Riley initiated coverage on U.S. Antimony with a Buy rating and a $3.00 price target, citing the company’s strategic importance in the domestic supply of antimony, a critical mineral. The firm’s analysis also projects U.S. Antimony’s adjusted EBITDA to reach approximately $56 million in 2026 and $81 million in 2027.
U.S. Antimony’s recent developments include strategic expansions and acquisitions, such as reopening operations in Mexico and expanding processing facilities, which have contributed to its robust performance. The company is also focusing on increasing antimony intake volumes and expanding smelter capacities. Furthermore, U.S. Antimony has outlined several objectives for 2025, including initiating mining activities in Alaska and diversifying into other critical minerals. These initiatives position the company favorably within the critical minerals sector, aligning with the positive outlook from analysts like B.Riley.
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