United States Antimony (UAMY) Soars 20.0%: Is Further Upside Left in the Stock?

Group 1 - United States Antimony Corporation (UAMY) shares increased by 20% to close at $13.43, with a notable trading volume and a total gain of 72.4% over the past four weeks [1][2] - UAMY announced an offer to acquire Australia-based Larvotto Resources Limited, having previously acquired 10% of Larvotto's issued share capital [2][4] - The acquisition would position UAMY as one of the largest antimony producers outside of China, with Larvotto's Hillgrove Antimony-Gold Project expected to start production in 2026, potentially supplying around 7% of global antimony demand [2][3] Group 2 - Under the acquisition offer, Larvotto shareholders would receive six shares of UAMY for every 100 shares held, representing a significant premium [4] - UAMY is projected to report quarterly earnings of $0.02 per share, reflecting a year-over-year increase of 300%, with revenues expected to reach $12 million, up 395.9% from the previous year [5] - The consensus EPS estimate for UAMY has remained unchanged over the last 30 days, indicating that stock price movements may depend on future earnings estimate revisions [6] Group 3 - UAMY currently holds a Zacks Rank of 3 (Hold) within the Mining - Non Ferrous industry, while Southern Copper (SCCO) in the same industry has a Zacks Rank of 2 (Buy) and has seen a 4% increase in its stock price [7][8]