Stillwater Mining Company (SWC): Today's Featured Basic Materials Loser

The basic materials sector closed the day up 1.4%. Synthesis Energy Sys Inc ( SYMX), Richmont Mines Inc ( RIC), WSP Holdings ( WH), and InterOil Corporation ( IOC) were all decliners today within the basic materials sector with Stillwater Mining Company ( SWC) being today's featured basic materials loser. Stillwater Mining Company fell 27 cents (-3.3%) to $7.94 on average volume. Throughout the day, 5.3 million shares of Stillwater Mining Company exchanged hands as compared to its average daily volume of 4.3 million shares.

Stillwater Mining Company engages in the development, extraction, processing, refining, and marketing of palladium, platinum, and associated metals in south central Montana, the United States. Stillwater Mining Company has a market cap of $876 million and is part of the metals & mining industry. The company has a P/E ratio of 8.9, equal to the average metals & mining industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 61.5% year to date as of the close of trading on Monday.

TheStreet Ratings rates Stillwater as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year.

On the positive front, Camac Energy Inc ( CAK), Miller Energy Resources Inc ( MILL), Uranium Resources Inc ( URRE), and Patriot Coal Corporation ( PCX) were all gainers within the basic materials sector with Chevron ( CVX) being today's featured basic materials sector winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the basic materials sector could consider Materials Select Sector SPDR ( XLB) while those bearish on the basic materials sector could consider ProShares Short Basic Materials Fd ( SBM).

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