Stillwater Mining Company (NYSE:SWC): The stock price is expected to reach $ 12.33 in the short term. The number of analysts agreeing with this consensus is 3. The higher estimate for the short term price target is at $13 while the lower estimate is at $11. The standard deviation of the price stands at $1.15.
Many analysts have stated their opinion on the company shares. Bank of America reinstates their rating on the shares of Stillwater Mining Company (NYSE:SWC). The current rating of the shares is Buy. The rating by the firm was issued on June 9, 2016. For the current week, the company shares have a recommendation consensus of Buy.
On the companys insider trading activities, Merrin Patrice E, director of Stillwater Mining Co /De/, executed a transaction worth $27,020 on November 26, 2014. A total of 2,000 shares were purchased at an average price of $13.51. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Stillwater Mining Company (NYSE:SWC) : On Monday heightened volatility was witnessed in Stillwater Mining Company (NYSE:SWC) which led to swings in the share price. The stock opened for trading at $10.29 and hit $10.79 on the upside , eventually ending the session at $10.56, with a gain of 2.42% or 0.25 points. The heightened volatility saw the trading volume jump to 1,212,049 shares. The 52-week high of the share price is $13.33 and the company has a market cap of $1,279 million. The 52-week low of the share price is at $4.99 .
Stillwater Mining Company is engaged in the development, extraction, processing, smelting and refining of palladium, platinum and associated metals (platinum group metals or PGMs) produced by mining a geological formation in south-central Montana, the J-M Reef and recycling spent catalytic converters and other industrial sources. The Company is also engaged in expanding its mining operations on the J-M Reef, and holds the Marathon PGM-copper property adjacent to Lake Superior in northern Ontario, Canada and the Altar copper-gold property in the province of San Juan, Argentina. It operates five reportable business segments: Mine Production, PGM Recycling, Canadian Properties, South American Properties and All Other. It conducts mining operations at its Stillwater Mine near Nye, Montana and at its East Boulder Mine south of Big Timber, Montana.