Sibanye Stillwater (NYSE:SBSW) Stock Price Down 2.8%

Sibanye Stillwater Limited (NYSE:SBSW - Get Free Report)'s share price traded down 2.8% during mid-day trading on Tuesday . The stock traded as low as $4.75 and last traded at $4.84. 2,478,488 shares traded hands during trading, a decline of 58% from the average session volume of 5,907,330 shares. The stock had previously closed at $4.98.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Jefferies Financial Group lowered Sibanye Stillwater from a "buy" rating to a "sell" rating in a research report on Wednesday, March 13th. Royal Bank of Canada decreased their price objective on Sibanye Stillwater from $6.00 to $5.00 and set a "sector perform" rating for the company in a report on Friday, March 1st. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $6.00.

Sibanye Stillwater Stock Down 2.6 %

The company has a current ratio of 1.70, a quick ratio of 0.97 and a debt-to-equity ratio of 0.49. The stock has a fifty day simple moving average of $4.68 and a two-hundred day simple moving average of $4.91.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Compagnie Lombard Odier SCmA grew its holdings in Sibanye Stillwater by 40.0% during the 3rd quarter. Compagnie Lombard Odier SCmA now owns 7,000 shares of the company's stock valued at $43,000 after buying an additional 2,000 shares in the last quarter. Avantax Advisory Services Inc. boosted its position in shares of Sibanye Stillwater by 9.6% during the 3rd quarter. Avantax Advisory Services Inc. now owns 24,243 shares of the company's stock valued at $150,000 after acquiring an additional 2,124 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of Sibanye Stillwater by 62.6% during the 1st quarter. GAMMA Investing LLC now owns 8,837 shares of the company's stock valued at $42,000 after acquiring an additional 3,401 shares during the last quarter. Rathbones Group PLC boosted its position in shares of Sibanye Stillwater by 11.7% during the 4th quarter. Rathbones Group PLC now owns 32,537 shares of the company's stock valued at $177,000 after acquiring an additional 3,420 shares during the last quarter. Finally, Quadrant Capital Group LLC boosted its position in shares of Sibanye Stillwater by 36.9% during the 4th quarter. Quadrant Capital Group LLC now owns 16,701 shares of the company's stock valued at $91,000 after acquiring an additional 4,500 shares during the last quarter. Hedge funds and other institutional investors own 34.93% of the company's stock.

Sibanye Stillwater 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.