United States Antimony price target raised to $11 from $9 at B. Riley

B. Riley raised the firm’s price target on United States Antimony (UAMY) to $11 from $9 and keeps a Buy rating on the shares. United States Antimony announced a joint venture with Americas Gold and Silver (USAS) to build North America’s first commercial-scale hydrometallurgical processing facility at the Galena Complex in Idaho, where U.S. Antimony will manage the 49%-owned JV, the analyst tells investors in a research note. The facility aims to improve recoveries and reduce processing costs for copper, silver, and antimony, with construction planning underway and federal funding being pursued, while additional catalysts include securing permits, advancing U.S. Antimony’s tungsten resource at Fostung, and the start of a Bolivian hydromet facility expected to deliver 150 tons in early 2026, the firm says.