United States Antimony (UAMY, Financial) has successfully obtained a $5 million line of credit from Truist Bank, which will be used to bolster its operational and strategic efforts. This financial arrangement offers the company a competitive interest rate, ensuring a clear and stable reference point for any future borrowings.
This development is a significant move for United States Antimony as it seeks to enhance both its current operations and long-term strategic plans. By securing this credit facility, the company can maintain financial flexibility and navigate its ongoing projects with greater confidence.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 3 analysts, the average target price for United States Antimony Corp (UAMY, Financial) is $2.78 with a high estimate of $3.00 and a low estimate of $2.60. The average target implies an upside of 9.15% from the current price of $2.55. More detailed estimate data can be found on the United States Antimony Corp (UAMY) Forecast page.
Based on the consensus recommendation from 3 brokerage firms, United States Antimony Corp's (UAMY, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for United States Antimony Corp (UAMY, Financial) in one year is $0.73, suggesting a downside of 71.37% from the current price of $2.55. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the United States Antimony Corp (UAMY) Summary page.
