United States Antimony initiated with an Outperform at William Blair

William Blair initiated coverage of United States Antimony (UAMY) with an Outperform rating and no price target The company provides a mineral that is critical to national security, as demonstrated by the recent U.S. Defense Logistics Agency contract, the analyst tells investors in a research note. The firm points out that antimony prices have quadrupled over the past year to over $55,000 per ton and US Antimony possesses a contact mill capable of processing tons of ore. Blair expects the U.S. government to take a “notable stake” in the company.