Stillwater Mining Company (SWC) has been under a strong bear grip, hence the stock is down -13.93% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.73% in the past 1 week. The stock has risen by 1.24% in the past week indicating that the buyers are active at lower levels, but the stock is down -14.04% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 6.99% and the 50-Day Moving Average is 2.71%.The 200 Day SMA reached 26.91%. Stillwater Mining Company is up 20.3% in the last 3-month period. Year-to-Date the stock performance stands at 52.16%.
Stillwater Mining Company (NYSE:SWC): After opening at $13.29, the stock dipped to an intraday low of $12.84 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $13.54 and the buying power remained strong till the end. The stock closed at $13.04 for the day, a gain of 0.46% for the day session. The total traded volume was 1,229,623. The stocks close on the previous trading day was $12.98.
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.