Stillwater Mining Co. (NYSE:SWC) traded down 3.3% during mid-day trading on Friday . The company traded as low as $13.82 and last traded at $13.87, with a volume of 653,930 shares changing hands. The stock had previously closed at $14.35.

A number of equities research analysts have issued reports on the stock. Zacks Investment Research raised shares of Stillwater Mining from a “hold” rating to a “buy” rating and set a $13.00 target price for the company in a research note on Tuesday, April 26th. RBC Capital Markets reissued a “sector perform” rating and set a $16.00 target price (up previously from $11.00) on shares of Stillwater Mining in a research note on Monday, August 1st. FBR & Co lifted their target price on shares of Stillwater Mining from $17.00 to $19.00 and gave the company an “outperform” rating in a research note on Monday, August 1st. Bank of America Corp. reissued a “buy” rating on shares of Stillwater Mining in a research note on Thursday, June 9th. Finally, Royal Bank Of Canada lifted their target price on shares of Stillwater Mining from $11.00 to $16.00 and gave the company a “sector perform” rating in a research note on Monday, August 1st. One analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $14.39.

The firm’s market cap is $1.68 billion. The firm’s 50-day moving average price is $13.79 and its 200-day moving average price is $10.88.

Stillwater Mining (NYSE:SWC) last posted its quarterly earnings results on Friday, July 29th. The mining company reported $0.01 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.01) by $0.02. The business had revenue of $165.68 million for the quarter, compared to the consensus estimate of $157.35 million. The company’s quarterly revenue was down 10.6% on a year-over-year basis. During the same period last year, the firm earned ($0.23) earnings per share. Analysts forecast that Stillwater Mining Co. will post ($0.01) earnings per share for the current fiscal year.

Several large investors have bought and sold shares of the company. Piermont Capital Management Inc. acquired a new stake in Stillwater Mining during the fourth quarter worth $1,209,000. Rhumbline Advisers increased its stake 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 during the period. 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 during the last quarter. Finally, RS Investment Management Co. LLC increased its stake in shares of Stillwater Mining by 63,303.1% in the fourth quarter. RS Investment Management Co. LLC now owns 805,220 shares of the mining company’s stock valued at $6,901,000 after buying an additional 803,950 shares during the last quarter.

Stillwater Mining Company is engaged in the development, extraction, processing, smelting and refining of palladium, platinum and associated metals, such as platinum group metals (PGM) 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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