Insider Selling: Stillwater Mining VP Sells 1,251 Shares of Stock (SWC)
Stillwater Mining (NYSE:SWC) VP Kevin G. Shiell sold 1,251 shares of the company’s stock on the open market in a transaction dated Tuesday, January 14th. The shares were sold at an average price of $12.79, for a total transaction of $16,000.29. Following the transaction, the vice president now directly owns 39,406 shares of the company’s stock, valued at approximately $504,003. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Separately, analysts at RBC Capital reiterated a “sector perform” rating on shares of Stillwater Mining in a research note to investors on Wednesday, November 13th. They now have a $15.00 price target on the stock. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $14.05.
Shares of Stillwater Mining (NYSE:SWC) traded up 4.13% on Wednesday, hitting $13.35. The stock had a trading volume of 1,923,292 shares. Stillwater Mining has a 52-week low of $9.78 and a 52-week high of $14.87. The stock has a 50-day moving average of $11.90 and a 200-day moving average of $11.51. The company’s market cap is $1.593 billion.
Stillwater Mining (NYSE:SWC) last announced its earnings results on Wednesday, November 13th. The company reported ($1.69) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.07 by $1.76. The company had revenue of $280.01 million for the quarter, compared to the consensus estimate of $245.05 million. During the same quarter in the prior year, the company posted $0.11 earnings per share. The company’s quarterly revenue was up 54.7% on a year-over-year basis. On average, analysts predict that Stillwater Mining will post $0.48 earnings per share for the current fiscal year.
Stillwater Mining Company is engaged in the development, extraction, processing, smelting, refining and marketing of palladium, platinum and associated metals (NYSE:SWC)) from a geological formation in south-central Montana, the J-M Reef, and from the recycling of spent catalytic converters.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.