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Stock Market & Financial Investment News

News Breaks
January 15, 2013
08:34 EDTSWCStillwater Mining announces Montana expansion projects
Projecting beyond 2013, Stillwater further advised that it now expects first production from its Graham Creek project at the East Boulder Mine in late 2014, with the project expected to increase total company production by about 30,000 ounces annually from 2015 and thereafter. In addition, the company is initiating development of the Far West project, a new as yet undeveloped mining area with attractive ore grades situated within the Stillwater Mine. Once in operation, the Far West area is expected to increase the Stillwater Mine's production by approximately 20,000 ounces initially in 2016, growing to approximately 45,000 ounces in 2017 and thereafter. With Graham Creek and Far West both on line in 2017, estimated annual company production from the Montana operations should total approximately 575,000 ounces. Beyond 2017, when the Blitz project comes fully online, estimated annual company production from the Montana operations should total at least 600,000 ounces. The company expects to gain more clarity on the ultimate production potential of the Blitz project as development there proceeds further.
News For SWC From The Last 14 Days
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December 17, 2014
09:22 EDTSWCOn The Fly: Pre-market Movers
HIGHER: Auspex Pharmaceuticals (ASPX), up 83.1% after Phase 3 trial of SD-809 met primary efficacy endpoint... Volcano (VOLC), up 55.3% after Philips (PHG) announced it will acquire the company for $18.00 per share... Paramount Gold and Silver (PZG), up 35.9% after announcing a merger agreement with Coeur Mining... Cerus (CERS), up 17.8% after FDA approves Intercept Blood System... American Apparel (APP), up 15.5% after terminating Dov Charney for cause... TASER (TASR), up 6.1% after LAPD purchases 860 AXON body-worn video cameras... Idera Pharmaceuticals (IDRA), up 5.9% after being called a top 2015 small cap pick at Piper Jaffray... Kandi Technologies (KNDI), up 7.5% after selling 1,000 electric vehicles to Chengdu City... Stillwater Mining (SWC), up 2.7% after being upgraded to Buy from Neutral at Goldman. DOWN AFTER EARNINGS: FedEx (FDX), down 3.5%... Joy Global (JOY), down 1.7%. ALSO LOWER: POZEN (POZN), down 13.1% after receiving a second complete response letter from the FDA for Yosprala... Cliffs Natural (CLF), down 13.1% after price target cut to $1 from $10 at Credit Suisse... Coeur Mining (CDE), down 2.8% following merger agreement with Paramount Gold and Silver.
06:48 EDTSWCStillwater Mining upgraded to Buy from Neutral at Goldman
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December 11, 2014
07:47 EDTSWCStillwater Mining initiated with a Buy at BofA/Merrill
Target $17.

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