Stillwater Mining Co. (NYSE:SWC)’s share price rose 5.8% during trading on Thursday . The company traded as high as $13.54 and last traded at $13.37, with a volume of 1,983,550 shares. The stock had previously closed at $12.64.

SWC has been the topic of a number of recent analyst reports. FBR & Co upped their target price on shares of Stillwater Mining from $19.00 to $20.00 and gave the company an “outperform” rating in a research note on Monday, August 8th. Bank of America Corp. restated a “buy” rating on shares of Stillwater Mining in a research note on Thursday, June 9th. Zacks Investment Research lowered shares of Stillwater Mining from a “buy” rating to a “hold” rating in a research note on Tuesday, May 17th. BMO Capital Markets set a $17.00 target price on shares of Stillwater Mining and gave the company a “buy” rating in a research note on Monday, August 1st. Finally, Royal Bank Of Canada upped 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 investment analyst has rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $14.39.

The company has a 50-day moving average of $14.01 and a 200-day moving average of $11.16. The stock’s market capitalization is $1.56 billion.

Stillwater Mining (NYSE:SWC) last posted its earnings results on Friday, July 29th. The mining company reported $0.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.02. The firm earned $165.68 million during the quarter, compared to analyst estimates of $157.35 million. The business’s quarterly revenue was down 10.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.23) earnings per share. On average, equities analysts forecast that Stillwater Mining Co. will post $0.04 earnings per share for the current year.

An institutional investor recently raised its position in Stillwater Mining stock. California Public Employees Retirement System boosted its position in shares of Stillwater Mining Co. (NYSE:SWC) by 8.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 316,700 shares of the mining company’s stock after buying an additional 25,500 shares during the period. California Public Employees Retirement System owned 0.26% of Stillwater Mining worth $2,714,000 as of its most recent filing with the SEC.

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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