United States Antimony price target raised to $5.25 at Alliance Global

Alliance Global Partners raised the firm’s price target on United States Antimony (UAMY) to $5.25 from $2.75 and keeps a Buy rating on the shares. The company recently announced an expansion at its antimony smelter in Montana, which continues to serve as the only operating antimony smelter in the United States, the analyst tells investors in a research note. Further, the firm believes the momentum in antimony prices is supported by the continued onshoring of domestic critical materials supply chains in the U.S. It says United States Antimony is “in pole position” as the owner and operator of the sole antimony smelter in the United States.