Hara Capital LLC Has $235,000 Stake in Sibanye Gold Limited (NYSE:SBSW)

Hara Capital LLC lessened its position in shares of Sibanye Gold Limited (NYSE:SBSW - Free Report) by 55.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 51,400 shares of the company's stock after selling 64,753 shares during the quarter. Hara Capital LLC's holdings in Sibanye Gold were worth $235,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Pekin Hardy Strauss Inc. bought a new position in Sibanye Gold in the 1st quarter valued at $242,000. Goehring & Rozencwajg Associates LLC raised its position in Sibanye Gold by 3.6% in the 1st quarter. Goehring & Rozencwajg Associates LLC now owns 2,749,710 shares of the company's stock valued at $12,044,000 after purchasing an additional 96,230 shares during the last quarter. Creative Financial Designs Inc. ADV raised its position in Sibanye Gold by 35.8% in the 1st quarter. Creative Financial Designs Inc. ADV now owns 9,100 shares of the company's stock valued at $42,000 after purchasing an additional 2,400 shares during the last quarter. Comprehensive Money Management Services LLC raised its position in Sibanye Gold by 5.9% in the 1st quarter. Comprehensive Money Management Services LLC now owns 40,301 shares of the company's stock valued at $185,000 after purchasing an additional 2,250 shares during the last quarter. Finally, Petra Financial Advisors Inc. raised its position in Sibanye Gold by 61.1% in the 1st quarter. Petra Financial Advisors Inc. now owns 53,841 shares of the company's stock valued at $247,000 after purchasing an additional 20,429 shares during the last quarter. Institutional investors and hedge funds own 34.93% of the company's stock.

Sibanye Gold Stock Up 4.0%

Shares of Sibanye Gold stock traded up $0.32 during trading on Friday, reaching $8.26. 8,856,577 shares of the company were exchanged, compared to its average volume of 8,049,733. The company has a quick ratio of 1.10, a current ratio of 2.32 and a debt-to-equity ratio of 0.86. Sibanye Gold Limited has a twelve month low of $3.05 and a twelve month high of $8.30. The business has a 50-day moving average price of $6.40 and a 200-day moving average price of $4.77.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Wall Street Zen upgraded Sibanye Gold from a "hold" rating to a "buy" rating in a research report on Saturday, July 5th. Royal Bank Of Canada upgraded Sibanye Gold from a "sector perform" rating to an "outperform" rating and lifted their price objective for the company from $4.70 to $5.30 in a research report on Tuesday, March 18th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average price target of $4.73.

Sibanye Gold Company Profile

Sibanye Stillwater Limited, together with its subsidiaries, operates as a precious metals mining company in South Africa, the United States, Europe, and Australia. The company produces gold; platinum group metals (PGMs), including palladium, platinum, rhodium, iridium, and ruthenium; chrome; nickel; and silver, cobalt, and copper.