Stillwater Mining Company (NYSE:SWC) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.2 by 5 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 3 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Major Brokerage house, Bank of America reinstates its ratings on Stillwater Mining Company (NYSE:SWC). According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on June 9, 2016.
Stillwater Mining Company (NYSE:SWC) stock has received a short term price target of $ 12.33 from 3 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $1.15. The higher estimate of target price is $13 , while the lower price target estimate is $11
Stillwater Mining Company (NYSE:SWC) witnessed a decline in the market cap on Tuesday as its shares dropped 0.9% or 0.1 points. After the session commenced at $10.96, the stock reached the higher end at $11.05 while it hit a low of $10.76. With the volume soaring to 928,332 shares, the last trade was called at $11. The company has a 52-week high of $12.8432. The company has a market cap of $1,332 million and there are 121,073,388 shares in outstanding. The 52-week low of the share price is $4.99.
Shares of Stillwater Mining Company rose by 7.21% in the last five trading days and 11.34% for the last 4 weeks. Stillwater Mining Company is up 3% in the last 3-month period. Year-to-Date the stock performance stands at 28.35%.
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.