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Stock Investors Bid Up Shares of Stillwater Mining, Up 1.4%

Published on Thu, 02/14/2013 - 13:23
By Robert Cotter

One of today's notable stocks on the rise is Stillwater Mining (NYSE:SWC), up 1.4% to $14.61. The Dow Jones Industrial Average is now trading fractionally lower to 13,967 and the S&P is trading fractionally higher to 1,520.

Stillwater Mining has overhead space with shares priced $14.61, or 10.9% below the average consensus analyst price target of $16.40. Stillwater Mining shares have support at the 50-day moving average (MA) of $13.05 and additional support at the 200-day MA of $10.71.

Stillwater Mining Company explores for, develops, extracts, processes, and refines platinum, palladium, and associated metals from the J-M Reef located in Stillwater and Sweet Grass Counties, Montana. The Company's current mining operations consist of the Stillwater Mine, an underground mine located in Nye, Montana.

Over the past year, Stillwater Mining has traded in a range of $7.47 to $15.24 and is now at $14.61, 96% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.4% while the 200-day MA has risen 0.5%.

By Robert Cotter
rcotter@fnno.com

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