Stillwater Mining Company (SWC) Misses Q1 EPS by 2c

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Stillwater Mining Company Reports First Quarter 2016 Results

May 6, 2016 8:01 AM EDT

LITTLETON, Colo., May 06, 2016 (GLOBE NEWSWIRE) -- Stillwater Mining Company (NYSE: SWC) today reported financial results for the quarter ended March 31, 2016.

First Quarter 2016 Highlights:

All-in sustaining costs (AISC)* of $613 per mined ounce of palladium and platinum, down 19.7% from $763 per mined ounce for the first quarter of 2015Cash and cash equivalents plus highly liquid investments of $452.4 million at quarter endMined palladium and platinum production of 137,300 ounces, an increase of 3.0% from the 133,300 ounces mined during the first quarter of 2015Processed 154,200 ounces of recycled palladium, platinum and rhodium,... More