Shares of United States Antimony Company (UAMY) are on the rise after a 4.7% increase yesterday. Analysts are optimistic about the mining stock, with B. Riley raising its price target to $11. The company holds a 49% stake in a joint venture with Americas Gold and Silver Corporation to develop a new processing facility.
Alliance Global also raised its price target on UAMY stock to $13.50 in response to the joint venture news. However, the company is currently unprofitable, so growth investors should research and evaluate the company’s fundamentals before investing. The Motley Fool Stock Advisor team did not include UAMY in their list of the 10 best stocks to buy now.
Investors considering U.S. Antimony should be aware of its performance relative to other stocks recommended by the Motley Fool Stock Advisor. The average return for Stock Advisor is 889%, outperforming the S&P 500 by a significant margin. Don’t miss out on the latest top 10 list by joining Stock Advisor and accessing their investing community.
Read more at Yahoo Finance: Why United States Antimony Stock Is Soaring Today
