Shares Of Stillwater Mining Moving On BB&T Note

BB&T analyst Garrett Nelson issued a note Wednesday in which he called Stillwater Mining (NYSE: SWC) an attractive takeover target citing a favorable cash position, geopolitical footprint and improving cost curve.

To support this, Nelson noted management is confident that it will reach its cost-cutting goal of $100/ounce within 18 months.

Shares of the company are up about three percent.