Christopher Wallace
Long/short equity, special situations

The Unique Opportunity In Stillwater Mining

Stillwater Mining (NYSE:SWC) is one of only two North American producers of platinum group metals (platinum, palladium and rhodium). As such it offers some unique investor attributes which will be reviewed in this article.

Platinum Group Metals, or "PGMs" as they are frequently called, are used in the automotive industry to manufacture catalytic converters for emissions control, in technology to make electronics and to make jewelry. There is an increasing amount of investment demand for these metals.

SWC produces PGMs from two mines in Montana. Roughly 80% of their mine production is palladium, 20% is platinum. SWC trades on the NYSE and has a market cap of roughly $1.5 billion. SWC is a relatively low cost producer and...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details