| Stillwater Mining reports 2Q loss | |
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BILLINGS, Mont. (AP) _ Stillwater Mining Co. (SWC) on Friday reported a second-quarter loss of $27.5 million, after reporting a profit in the same period a year earlier.
The Billings, Montana-based company said it had a loss of 23 cents per share. Earnings, adjusted for asset impairment costs, were 2 cents per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.
The mining company posted revenue of $185.4 million in the period.
Stillwater Mining shares have dropped 36 percent since the beginning of the year. The stock has dropped 51 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SWC at http://www.zacks.com/ap/SWC
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Keywords: Stillwater Mining, Earnings Report
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Stillwater Mining Co
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PRODUCER |
CODE : SWC |
ISIN : US86074Q1022 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Stillwater Mining is a copper and nickel producing company based in United states of america. Stillwater Mining produces copper, nickel, palladium, pgm and platinum in USA, and holds various exploration projects in Canada. Its main assets in production are EAST BOULDER MINE, STILLWATER MINE and EAST BOULDER in USA and its main exploration property is SIM LAKE in Canada. Stillwater Mining is listed in Germany and in United States of America. Its market capitalisation is US$ 2.2 billions as of today (€ 2.0 billions). Its stock quote reached its lowest recent point on November 21, 2008 at US$ 1.76, and its highest recent level on May 03, 2017 at US$ 18.00. Stillwater Mining has 121 080 187 shares outstanding. |