FBR & Co. upgraded shares of Stillwater Mining Company (NYSE:SWC) from a market perform rating to an outperform rating in a research note issued to investors on Thursday morning, The Fly reports. They currently have $11.00 target price on the mining company’s stock, up from their prior target price of $10.00.

Other research analysts have also issued research reports about the company. Vetr lowered Stillwater Mining Company from a strong-buy rating to a buy rating and set a $10.34 target price on the stock. in a research report on Monday, December 7th. Zacks Investment Research upgraded Stillwater Mining Company from a sell rating to a hold rating in a report on Thursday, November 5th. RBC Capital restated a hold rating on shares of Stillwater Mining Company in a report on Tuesday, December 8th. CIBC lowered Stillwater Mining Company from a sector outperform rating to a sector perform rating and set a $11.00 price objective on the stock. in a report on Wednesday, October 14th. Finally, TheStreet lowered Stillwater Mining Company from a hold rating to a sell rating in a report on Thursday, November 5th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company. The company has an average rating of Hold and a consensus target price of $11.39.

Shares of Stillwater Mining Company (NYSE:SWC) opened at 6.29 on Thursday. The stock’s market capitalization is $761.06 million. Stillwater Mining Company has a 52 week low of $4.99 and a 52 week high of $15.07. The stock’s 50 day moving average is $7.48 and its 200-day moving average is $9.08.

Stillwater Mining Company (NYSE:SWC) last announced its earnings results on Friday, October 30th. The mining company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by $0.08. During the same quarter last year, the business earned $0.14 EPS. The firm earned $168.40 million during the quarter, compared to analysts’ expectations of $159.78 million. Stillwater Mining Company’s quarterly revenue was down 33.2% on a year-over-year basis. On average, analysts anticipate that Stillwater Mining Company will post $0.15 earnings per share for the current fiscal year.

A hedge fund recently raised its stake in Stillwater Mining Company stock. Capstone Asset Management Company increased its position in Stillwater Mining Company (NYSE:SWC) by 1.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The hedge fund owned 35,922 shares of the mining company’s stock after buying an additional 610 shares during the period. Capstone Asset Management Company’s holdings in Stillwater Mining Company were worth $308,000 as of its most recent filing with the SEC.

Stillwater Mining Company is engaged in the development, extraction, processing, smelting and refining of palladium, platinum and associated metals (NYSE:SWC) 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.

12 Month Chart for NYSE:SWC

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