Stillwater Mining Company (NYSE:SWC) has climbed 2.04% in the past week and advanced 6.48% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 3.26% and the outperformance has advanced to 5.51% for the last 4 weeks period.
Stillwater Mining Company (NYSE:SWC): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $10.45 and $10.40 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $10.88. The buying momentum continued till the end and the stock did not give up its gains. It closed at $10.52, notching a gain of 1.35% for the day. The total traded volume was 2,594,024 . The stock had closed at $10.38 on the previous day.
The company shares have dropped -17.30% from its 1 Year high price. On Jun 19, 2015, the shares registered one year high at $13.02 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $10.36 and the 200 Day Moving Average price is recorded at $9.19.
On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Stillwater Mining Co /De/, Merrin Patrice E, had purchased 2,000 shares in a transaction dated on November 26, 2014. The transaction was executed at $13.51 per share with total amount equaling $27,020.
Many analysts have stated their opinion on the company shares. Major Brokerage house, Bank of America reinstates its ratings on Stillwater Mining Company (NYSE:SWC). According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on June 9, 2016. Currently the company Insiders own 0.2% of Stillwater Mining Company shares according to the proxy statements. Institutional Investors own 93.34% of Stillwater Mining Company shares.
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.