This Day On The Street
Continue to site
ADVERTISEMENT
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

8 Mining Stocks to Watch

5. Stillwater Mining (SWC - Get Report) engages in the development, extraction, processing, refining and marketing of palladium, platinum and associated platinum group metals (PGMs). The company conducts mining operations in Montana at the Stillwater Mine near Nye, and the East Boulder Mine near Big Timber.

Stillwater reported net income of $36.2 million for 2011 first quarter, or 34 cents per share, on revenue of $170.1 million. This compares to net income of $13.4 million, or 14 cents per diluted share, on revenue of $133.5 million during the first quarter of 2010. Both the Montana mines produced 131,200 ounces of palladium and platinum during the quarter, representing a year-over-year increase of 1.7% and 8.3% sequentially. Average realized price per ounce (palladium and platinum combined) stood at $994 per ounce, up 54.3% year-over-year.

As on March 31, 2011, the company's available cash and cash equivalents (excluding $35.1 million of restricted cash) totaled $43.3 million, up $24 million from Dec. 31, 2010. Furthermore, operating cash flow increased 13.8% to $33.9 million from $29.8 million.

Of the four analysts covering the stock, 75% recommend a buy and the remaining rate a hold. There are no sell ratings on the stock. On average, analysts foresee 64.9% upside to $31.50 from current levels. The stock has gained 3.9% during the past one month.

4 of 8

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
Submit an article to us!
SYM TRADE IT LAST %CHG
BRD $0.00 0.00%
HL $3.08 0.98%
PAL $0.06 -2.26%
SLW $20.46 0.99%
RIC $3.27 1.60%

Markets

DOW 18,026.59 -43.81 -0.24%
S&P 500 2,112.66 -1.83 -0.09%
NASDAQ 4,999.8050 -17.1240 -0.34%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs