Sibanye Gold Limited (NYSE:SBSW - Get Free Report) shares reached a new 52-week high during trading on Saturday . The company traded as high as $9.42 and last traded at $9.10, with a volume of 9032696 shares trading hands. The stock had previously closed at $8.78.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen cut Sibanye Gold from a "buy" rating to a "hold" rating in a research note on Sunday, July 13th. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $4.73.
Read Our Latest Analysis on SBSW
Sibanye Gold Stock Up 1.5%
The company has a debt-to-equity ratio of 0.86, a current ratio of 2.32 and a quick ratio of 1.10. The company has a 50 day moving average of $6.77 and a 200-day moving average of $4.97. The company has a market capitalization of $6.78 billion, a P/E ratio of 18.43 and a beta of 0.75.
Institutional Trading of Sibanye Gold
Institutional investors and hedge funds have recently bought and sold shares of the stock. Avantax Advisory Services Inc. raised its holdings in Sibanye Gold by 13.1% in the 1st quarter. Avantax Advisory Services Inc. now owns 17,659 shares of the company's stock worth $81,000 after acquiring an additional 2,050 shares during the last quarter. GAMMA Investing LLC raised its holdings in Sibanye Gold by 112.2% in the 2nd quarter. GAMMA Investing LLC now owns 4,213 shares of the company's stock worth $30,000 after acquiring an additional 2,228 shares during the last quarter. Comprehensive Money Management Services LLC raised its holdings 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 worth $185,000 after acquiring an additional 2,250 shares during the last quarter. Creative Financial Designs Inc. ADV raised its holdings 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 worth $42,000 after acquiring an additional 2,400 shares during the last quarter. Finally, Banco Santander S.A. grew its position in Sibanye Gold by 9.8% in the 1st quarter. Banco Santander S.A. now owns 32,926 shares of the company's stock worth $151,000 after purchasing an additional 2,952 shares during the period. 34.93% of the stock is currently owned by hedge funds and other institutional investors.
About Sibanye Gold
(
Get Free Report)
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.
Featured Articles
Before you consider Sibanye Gold, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sibanye Gold wasn't on the list.
While Sibanye Gold currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access