Stillwater Mining Company (SWC) : Traders are bullish on Stillwater Mining Company (SWC) as it has outperformed the S&P 500 by a wide margin of 21.59% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.33%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 4.87% in the last 1 week, and is up 26.9% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 14.26% and the 50-Day Moving Average is 23.97%.
Stillwater Mining Company (NYSE:SWC): The stock opened at $13.33 on Friday but the bulls could not build on the opening and the stock topped out at $13.42 for the day. The stock traded down to $13.16 during the day, due to lack of any buying support eventually closed down at $13.35 with a loss of -0.52% for the day. The stock had closed at $13.42 on the previous day. The total traded volume was 1,483,527 shares.
The company Insiders own 0.2% of Stillwater Mining Company shares according to the proxy statements. Institutional Investors own 93.36% of Stillwater Mining Company shares. In a related news, Merrin Patrice E, director of Stillwater Mining Co /De/, executed a transaction worth $27,020 on November 26, 2014. A total of 2,000 shares were purchased at an average price of $13.51. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
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. The Company is also engaged in expanding its mining operations on the J-M Reef, and holds the Marathon PGM-copper property adjacent to Lake Superior in northern Ontario, Canada and the Altar copper-gold property in the province of San Juan, Argentina. It operates five reportable business segments: Mine Production, PGM Recycling, Canadian Properties, South American Properties and All Other. It conducts mining operations at its Stillwater Mine near Nye, Montana and at its East Boulder Mine south of Big Timber, Montana.