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Zacks Investment Research downgraded Stillwater Mining Company (NYSE:SWC) to Hold in a report released today.

Zacks Investment Research has downgraded Stillwater Mining Company (NYSE:SWC) to Hold in a report released on 10/11/2016.

Previously on 9/08/2016, Zacks Investment Research reported on Stillwater Mining Company (NYSE:SWC) raised the target price from $0.00 to $15.00. At the time, this indicated a possible upside of 0.13%.

Yesterday Stillwater Mining Company (NYSE:SWC) traded -2.51% lower at $11.71. The company’s 50-day moving average is $12.69 and its 200-day moving average is $12.02. The last closing price is down -2.90% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 795,247 shares of the stock were exchanged, down from an average trading volume of 1,802,760

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Stillwater Mining Company (NYSE:SWC)

Stillwater Mining Company has a 52 week low of $4.99 and a 52 week high of $15.91 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its target price, a total of 6 brokers have issued a report on the stock. The consensus target price is $10.67 with 1 broker rating the stock a strong buy, 1 broker rating the stock a buy, 4 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Stillwater Mining Company (NYSE:SWC)

Stillwater Mining Company is engaged in the development, extraction, processing, smelting and refining of palladium, platinum and associated metals, such as platinum group metals (PGM) 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 operates through five segments: Mine Production, PGM Recycling, Canadian Properties, South American Properties and All Other. The Mine Production segment consists of two business components: the Stillwater Mine and the East Boulder Mine. The PGM Recycling segment recycles spent catalyst material to recover the PGMs contained in the material. The Canadian Properties segment consists mainly of the Marathon mineral property assets. The South American Properties segment consists of the Peregrine Metals Ltd. assets. The All Other segment consists of assets, including investments, revenues, and expenses of various corporate and support functions.

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