There has been some increase in the trading volume on Monday for United States Antimony Corporation (OTC:UAMY) on the stock market, but the next two days were not particularly exciting. The next balance sheet is due, so until another catalysts appears it is uncertain whether vivid trading activity would be seen for UAMY.
Just over 43k shares exchanged hands this Wednesday. A slight decrease in the stock price, and a closing price of $2.91 per share. Shorters are actually responsible for most of what happened since 29.5k shares exchanged hands as a result of short-selling activity. As mentioned, there is no press release, no news, announcements, SEC filings, promotion or any other kind of catalyst that could fuel a hype on the market. Maybe, things would change when the 10-Q is released.
At present, those interested in the financial condition of UAMY are left with data from the quarterly statement with an end-date June 30th, which includes the following: [BANNER]
- $314k in cash;
- $7.8 million in total assets;
- $1.6 million in total liabilities;
- $20 million in accumulated deficit;
- $3 million in revenue;
- $86k in net income;
Not the best balance sheet out there, but still not too bad, either. In terms, depending on what the last quarter was, there might be another run up coming for the stock price. This however, is a question yet to find its answer.