| Stillwater Mining beats 2Q profit forecasts | |
| | |
|
LITTLETON, Colo. (AP) _ Stillwater Mining Co. (SWC) on Friday reported second-quarter net income of $784,000, after reporting a loss in the same period a year earlier.
On a per-share basis, the Littleton, Colorado-based company said it had profit of 1 cent.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 1 cent per share.
The mining company posted revenue of $165.7 million in the period.
Stillwater Mining shares have risen 66 percent since the beginning of the year. The stock has increased 50 percent in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SWC at http://www.zacks.com/ap/SWC
_____
Keywords: Stillwater Mining, Earnings Report
|
|
|
VanEck Vectors Global Alternative Energy ETF
|
|
PRODUCER |
CODE : SWC |
ISIN : US86074Q1022 |
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Stillwater Mining is a copper and nickel producing company based in United states of america. Stillwater Mining produces copper, nickel, palladium, pgm and platinum in USA, and holds various exploration projects in Canada. Its main assets in production are EAST BOULDER MINE, STILLWATER MINE and EAST BOULDER in USA and its main exploration property is SIM LAKE in Canada. Stillwater Mining is listed in Germany and in United States of America. Its market capitalisation is 854.0 millions as of today (€ 784.0 millions). Its stock quote reached its lowest recent point on November 21, 2008 at 1.76, and its highest recent level on May 03, 2017 at 18.00. Stillwater Mining has 47 442 200 shares outstanding. |