Share on StockTwits

Stillwater Mining Company (NYSE:SWC)’s share price reached a new 52-week high during trading on Tuesday , American Banking and Market News reports. The company traded as high as $17.80 and last traded at $17.49, with a volume of 643,043 shares trading hands. The stock had previously closed at $17.42.

Several analysts have recently commented on the stock. Analysts at BB&T Corp. raised their price target on shares of Stillwater Mining Company from $18.00 to $20.00 in a research note on Friday, May 16th. Separately, analysts at RBC Capital raised their price target on shares of Stillwater Mining Company from $15.00 to $17.00 in a research note on Friday, May 2nd. Finally, analysts at CIC Securities cut their price target on shares of Stillwater Mining Company from $20.00 to $19.00 in a research note on Tuesday, April 8th. Two equities research analysts have rated the stock with a hold rating, The stock presently has a consensus rating of “Hold” and a consensus target price of $18.54.

The stock has a 50-day moving average of $16.23 and a 200-day moving average of $14.04. The company’s market cap is $2.113 billion.

Stillwater Mining Company (NYSE:SWC) last released its earnings data on Thursday, May 1st. The company reported $0.15 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.10 by $0.05. The company had revenue of $219.50 million for the quarter, compared to the consensus estimate of $241.60 million. During the same quarter in the prior year, the company posted $0.12 earnings per share. The company’s quarterly revenue was down 12.4% on a year-over-year basis. On average, analysts predict that Stillwater Mining Company will post $0.56 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.