- United States Antimony (UAMY, Financial) restarts operations at its Madero smelter in Mexico, aiming for 200 tons monthly by 2025.
- Amidst rising antimony prices due to China's export limitations, UAMY shares recently dipped 5.6%.
- Analyst forecasts suggest a potential upside of 14.81% for UAMY stock from its current level.
United States Antimony (UAMY) has taken a strategic step by resuming operations at its Madero smelter in Mexico. This initiative involves processing antimony ore sourced internationally, with the company setting an ambitious target of producing 200 tons monthly by the end of 2025. This move aligns with the backdrop of a spike in antimony prices, a consequence of China's recent export restrictions. Despite this promising outlook, UAMY shares declined by 5.6% on Monday.
Wall Street Analysts' Insights
Focusing on the insights from Wall Street, three analysts have provided their one-year price targets for United States Antimony Corp (UAMY, Financial). The average price target stands at $3.45, with predictions ranging between a high of $5.00 and a low of $2.60. This average target suggests a potential upside of 14.81% from the current price of $3.01. For further detailed estimates, investors can explore the United States Antimony Corp (UAMY) Forecast page.
In terms of brokerage recommendations, United States Antimony Corp (UAMY, Financial) holds an average recommendation rating of 2.0, categorizing it under "Outperform." This rating is derived from a scale where 1 represents a Strong Buy and 5 signifies a Sell. Such a rating emphasizes confidence in the stock's potential performance.
According to GuruFocus estimates, the projected GF Value for United States Antimony Corp (UAMY, Financial) one year from now is $0.73. This estimate implies a significant downside of 75.71% from its current trading price of $3.005. The GF Value is determined by considering historical trading multiples, past business growth, and projections of future business performance. For more in-depth data, visit the United States Antimony Corp (UAMY) Summary page.
