Shares of Stillwater Mining Co. (NYSE:SWC) hit a new 52-week high on Monday . The stock traded as high as $13.21 and last traded at $13.09, with a volume of 1,237,337 shares. The stock had previously closed at $12.73.

A number of brokerages have recently commented on SWC. TheStreet raised shares of Stillwater Mining from a “sell” rating to a “hold” rating in a report on Friday, March 18th. Zacks Investment Research raised shares of Stillwater Mining from a “sell” rating to a “hold” rating in a report on Tuesday, April 5th. Finally, Bank of America Corp. reaffirmed a “buy” rating on shares of Stillwater Mining in a report on Thursday, June 9th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the stock. Stillwater Mining has a consensus rating of “Hold” and a consensus price target of $11.11.

The stock’s market cap is $1.58 billion. The stock’s 50-day moving average is $10.94 and its 200 day moving average is $9.53.

Stillwater Mining (NYSE:SWC) last issued its quarterly earnings data on Friday, May 6th. The mining company reported ($0.08) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.06) by $0.02. The business had revenue of $133.64 million for the quarter, compared to the consensus estimate of $148.84 million. During the same period last year, the business earned $0.17 earnings per share. The firm’s quarterly revenue was down 33.4% compared to the same quarter last year. Equities analysts anticipate that Stillwater Mining Co. will post ($0.03) earnings per share for the current fiscal year.

Several institutional investors have added to or reduced their stakes in SWC. Principal Financial Group Inc. boosted its position in Stillwater Mining by 4.6% in the fourth quarter. Principal Financial Group Inc. now owns 812,670 shares of the mining company’s stock valued at $6,964,000 after buying an additional 35,885 shares during the period. California Public Employees Retirement System boosted its position in Stillwater Mining by 8.8% in the fourth quarter. California Public Employees Retirement System now owns 316,700 shares of the mining company’s stock valued at $2,714,000 after buying an additional 25,500 shares during the period. Barrow Hanley Mewhinney & Strauss LLC boosted its position in Stillwater Mining by 10.5% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 261,526 shares of the mining company’s stock valued at $2,241,000 after buying an additional 24,888 shares during the period. Rhumbline Advisers boosted its position in Stillwater Mining by 5.8% in the fourth quarter. Rhumbline Advisers now owns 193,644 shares of the mining company’s stock valued at $1,660,000 after buying an additional 10,685 shares during the period. Finally, California State Teachers Retirement System boosted its position in Stillwater Mining by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 223,624 shares of the mining company’s stock valued at $1,916,000 after buying an additional 3,492 shares during the period.

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.

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