Stock Track | United States Antimony Soars 5.25% as H.C. Wainwright Boosts Price Target on Strong Q3 Results

Stock Track11-13

United States Antimony Corporation (UAMY) saw its stock price surge 5.25% in pre-market trading on Thursday, following a series of positive developments for the materials company. The rally was primarily fueled by an upward revision in the price target by H.C. Wainwright and the company's robust third-quarter financial performance.

H.C. Wainwright, a prominent investment bank, raised its price target for United States Antimony from $8.50 to $10.25, maintaining a Buy rating on the stock. Analyst Heiko Ihle's bullish stance reflects growing confidence in the company's future prospects. This upgrade comes on the heels of United States Antimony's strong revenue growth reported in its Q3 earnings release, although specific figures were not disclosed in the available news.

The positive sentiment surrounding United States Antimony is further reinforced by the broader analyst community. Multiple analysts have weighed in on the company, with the consensus maintaining a favorable outlook. This combination of analyst optimism and solid financial performance has created a perfect storm for United States Antimony's stock, driving investor enthusiasm and contributing to the significant pre-market gain.

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