Stillwater Mining Co. (NYSE:SWC)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $14.00 and last traded at $13.67, with a volume of 854,006 shares changing hands. The stock had previously closed at $13.44.

Several equities analysts have recently weighed in on SWC shares. Zacks Investment Research upgraded shares of Stillwater Mining from a “sell” rating to a “hold” rating in a research report on Tuesday, April 5th. Bank of America Corp. restated a “buy” rating on shares of Stillwater Mining in a research report on Thursday, June 9th. Finally, FBR & Co raised their price objective on shares of Stillwater Mining from $13.00 to $17.00 and gave the company an “outperform” rating in a research report on Wednesday, July 20th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $11.96.

The stock has a 50 day moving average price of $11.81 and a 200-day moving average price of $9.87. The company’s market capitalization is $1.69 billion.

Stillwater Mining (NYSE:SWC) last released its quarterly earnings results on Friday, May 6th. The mining company reported ($0.08) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.06) by $0.02. The company earned $133.64 million during the quarter, compared to analyst estimates of $148.84 million. During the same period last year, the company earned $0.17 earnings per share. The firm’s revenue was down 33.4% compared to the same quarter last year. On average, equities research analysts anticipate that Stillwater Mining Co. will post ($0.03) EPS for the current fiscal year.

Other hedge funds and institutional investors have added to or reduced their stakes in the company. 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 worth $1,916,000 after buying an additional 3,492 shares in the last quarter. 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 worth $1,660,000 after buying an additional 10,685 shares in the last quarter. 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 worth $2,714,000 after buying an additional 25,500 shares in the last quarter. 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 worth $6,964,000 after buying an additional 35,885 shares in the last quarter. Finally, 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 worth $2,656,000 after buying an additional 93,700 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.