Stillwater Stock Soars (SWC)

NEW YORK ( TheStreet) -- Shares of Stillwater Mining Company (NYSE: SWC) have taken a tremendous swing upward. The stock is trading at $12.50 as of 11:21 a.m. ET, 25.6% above Thursday's closing price of $9.95. Volume is at 4.2 million, 1.1 times the daily average of 3.8 million.

Stillwater has a market cap of $959.5 million and is part of the basic materials sector and metals & mining industry. Shares are down 50.8% year to date as of the close of trading on Thursday.

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. The company has a P/E ratio of 9.9, above the average metals & mining industry P/E ratio of 9.7 and below the S&P 500 P/E ratio of 17.7.

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. You can view the full Stillwater Ratings Report.

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