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Reuters reported Stillwater Mining Co’s (NYSE:SWC) quarterly profit more than halved due to lower prices and the company said its full-year results will be hurt if the prices stay weak.
Reuters reported Stillwater Mining Co’s (NYSE:SWC) quarterly profit more than halved due to lower prices and the company said its full-year results will be hurt if the prices stay weak.
As quoted in the market news:
Stillwater said sales realizations from mined production averaged at $850 per ounce during the second quarter, much lower than $964 per ounce last year.
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