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MCMANUS MICHAEL A JR

Director

Director
3 filings analyzed · 1 company · Latest 2024-12-11

Companies

Company Buys Sells Direction
UNITED STATES ANTIMONY CORP UAMY 3 0 Net buying

Activity

December 2024
high
Buy
70,000 shares
$102,060
Significance 6/10

Director Michael A McManus Jr bought 70,000 shares of UAMY at $1.46 on 2024-12-10, raising holdings to 338,333 shares (+26.1%)

McManus executed a substantial $102,060.00 purchase, increasing his position by 26.1% to 338,333 shares. This marks his second open-market buy at UAMY within four weeks (prior purchase on 2024-11-18), suggesting sustained accumulation at depressed valuations—the stock is trading at $1.50, down 21.0% from its 52-week high of $1.90. Across his broader portfolio, McManus's track record shows 2 prior buys averaging +85.5% 30-day returns and +61.9% 90-day returns with a 100% win rate; his prior UAMY buy on 2024-08-14 posted +85.5% 30-day and +61.9% 90-day returns, with one of one prior buys well-timed. However, the timing context matters: UAMY's recent momentum (+119.2% 30-day, +130.8% 90-day) coincides with the company's weak fundamentals—revenue declined 21.3% year-over-year, the latest quarter posted a $727,509.00 net loss, and the company remains unprofitable on a full-year basis. The concentration of purchases during price recovery in an unprofitable entity with contracting revenue warrants careful attention to underlying catalysts driving this accumulation.

November 2024
medium
Buy
50,000 shares
$28,250
Significance 6/10

UAMY Director McManus buys 50,000 shares at $0.56; prior trade at ticker achieved 90d +61.9% return

Director Michael A McManus Jr purchased 50,000 shares of UNITED STATES ANTIMONY CORP at $0.56 on 2024-11-18, increasing his holdings by 22.9% to 268,333 shares. This marks his second open-market purchase at this ticker; his prior buy on 2024-08-14 delivered a 90-day return of +61.9%, demonstrating a pattern of well-timed accumulation at this name. However, the company faces material headwinds: revenue contracted 21.3% year-over-year to $2.4M in the latest quarter, net income was -$727.5K, and the company remains unprofitable on a full-year basis. The current stock price of $0.69 is 11.5% below the 52-week high, and the 90-day price change is -3.6%, suggesting the insider is purchasing into recent weakness. The combination of repeated director buying against deteriorating fundamentals warrants attention to whether this reflects contrarian conviction or whether deteriorating operations may pressure the stock further.

August 2024
high
Buy
135,000 shares
$51,705
Significance 6/10

UAMY Director MCMANUS MICHAEL A JR purchased 135,000 shares at $0.38 on 2024-08-14; holdings increased 162.0% to 218,333 shares

MCMANUS MICHAEL A JR, a director, acquired 135,000 shares at $0.38 per share on 2024-08-14, increasing his holdings from 83,333 shares to 218,333 shares—a 162.0% expansion of his position. The purchase occurred at a price 20.8% below the current $0.48 price and as the stock rallied +91.6% over 90 days. The acquisition is notable given the company's challenging fundamentals: full-year net income was negative, revenue declined 21.3% year-over-year, and the market cap is $52.1M against quarterly revenue of $2.8M. The director's substantial share accumulation at a price materially below current levels provides a datapoint on insider positioning, though the company's unprofitable status and annual revenue contraction warrant scrutiny of the underlying business trajectory.

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