Stillwater Mining Co. (NYSE:SWC)’s share price was down 3.7% during trading on Monday . The stock traded as low as $12.70 and last traded at $12.91, with a volume of 757,232 shares changing hands. The stock had previously closed at $13.40.

Several equities analysts recently commented on SWC shares. Zacks Investment Research upgraded Stillwater Mining from a “hold” rating to a “buy” rating and set a $13.00 price objective on the stock in a research note on Tuesday, April 26th. Bank of America Corp. reiterated a “buy” rating on shares of Stillwater Mining in a research note on Thursday, June 9th. Finally, FBR & Co upped their price objective on Stillwater Mining from $13.00 to $17.00 and gave the company an “outperform” rating in a research note on Wednesday, July 20th. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company. Stillwater Mining has an average rating of “Hold” and an average target price of $11.96.

The stock’s market cap is $1.56 billion. The firm has a 50-day moving average of $11.73 and a 200-day moving average of $9.83.

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

A number of hedge funds and institutional investors have recently bought and sold shares of SWC. State of Tennessee Treasury Department boosted its position in Stillwater Mining by 43.3% in the fourth quarter. State of Tennessee Treasury Department now owns 309,957 shares of the mining company’s stock valued at $2,656,000 after buying an additional 93,700 shares during the period. Principal Financial Group Inc. increased its stake in shares of 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 in the last quarter. California Public Employees Retirement System increased its stake in shares of 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 in the last quarter. Rhumbline Advisers increased its stake in shares of 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 in the last quarter. Finally, California State Teachers Retirement System increased its stake in shares of 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 in the last quarter.

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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