J.P. Morgan Updates SWOT View On Stillwater Mining

In a report published by J.P. Morgan, it is updating the SWOT view on Stillwater Mining (NYSE: SWC).

J.P. Morgan said that, “We are strong believers in the fundamentals of palladium as new demand from diesel auto catalysts comes at the same time when we believe Russian stockpiles have depleted after a decade of oversupplying the market. Stillwater being a unique primary palladium mining company could be a way to participate in the upside of metal price. Also with higher metal prices we believe SWC will generate cashflows to finance its capital expenditures and other opportunities.”

Stillwater Mining closed yesterday at $20.81.