Antimony Resources is trading 5.9% down today at CA$0.47 as the market faces persistent selling pressure following a recently expired lock-up agreement.
- The release of 21 million new shares has created a significant supply overhang, prompting profit-taking after the stock surged over 10% earlier in the week.
- Despite the technical pullback, the company recently reported strong drill results from its Bald Hill project and maintains a bullish C$3 analyst price target.