This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

10 Best-Performing Mining Stocks in 2010

4. Stillwater Mining (SWC) is the only producer of palladium and platinum in the U.S. and the largest primary producer of platinum group metals (PGMs) outside of South Africa and Russia.

The stock will likely see an upside on the growing deficit for PGMs. The company has been investing in new projects such as Graham Creek at its East Boulder mine and Blitz at its Stillwater mine, to leverage the anticipated uptrend in palladium and platinum prices.

For the 2010 third quarter, the company's gold production was up 15%, while total cash cost, net of by-product sales, declined by $35 per ounce. In the current quarter, gold production and sales are anticipated to rise, with further reductions in cash cost. For the full year, the company anticipates production between 330,000 and 360,000 ounces of gold, growing to over 400,000 ounces in 2012.

Year-to-date, the stock surged around 119% and analysts anticipate a further upside of 44% with a target price of $30.0. In comparison, North American Palladium (PAL) and Platinum Group Metals (PLG) have an upside potential of 10% and 37%, respectively.

Analysts foresee the company reporting earnings of 61 cents per share for 2010 and $1.78 per share for 2011, a turnaround from a loss of 10 cents registered during 2009. Of the three analysts covering the stock, two recommend buying and one holding.
8 of 11

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
XME $22.60 -1.10%
CLF $3.85 -9.20%
SLW $18.85 0.27%
TCK $10.20 -4.60%
AAPL $92.96 -0.70%


Chart of I:DJI
DOW 17,617.67 -33.59 -0.19%
S&P 500 2,050.82 -0.30 -0.01%
NASDAQ 4,724.2070 -1.4320 -0.03%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs