Sibanye Stillwater Limited (NYSE:SBSW - Get Free Report)'s share price reached a new 52-week high during trading on Monday . The company traded as high as $6.40 and last traded at $6.28, with a volume of 5382622 shares. The stock had previously closed at $6.09.
Analyst Ratings Changes
A number of equities analysts have commented on the company. Royal Bank of Canada raised Sibanye Stillwater from a "sector perform" rating to an "outperform" rating and boosted their price objective for the stock from $4.70 to $5.30 in a research note on Tuesday, March 18th. Wall Street Zen downgraded Sibanye Stillwater from a "buy" rating to a "hold" rating in a research report on Friday, May 30th. Six research analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $5.05.
View Our Latest Report on SBSW
Sibanye Stillwater Trading Down 2.3%
The company has a market cap of $4.27 billion, a P/E ratio of 11.60 and a beta of 0.72. The company has a quick ratio of 1.04, a current ratio of 2.09 and a debt-to-equity ratio of 0.71. The business has a 50-day moving average price of $4.86 and a two-hundred day moving average price of $4.17.
Institutional Investors Weigh In On Sibanye Stillwater
A number of institutional investors and hedge funds have recently made changes to their positions in the company. Itau Unibanco Holding S.A. bought a new stake in Sibanye Stillwater in the fourth quarter valued at about $25,000. GAMMA Investing LLC increased its holdings in Sibanye Stillwater by 590.8% in the first quarter. GAMMA Investing LLC now owns 9,091 shares of the company's stock valued at $42,000 after purchasing an additional 7,775 shares during the last quarter. Creative Financial Designs Inc. ADV increased its holdings in Sibanye Stillwater by 35.8% in the first 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. Ameriprise Financial Inc. bought a new stake in Sibanye Stillwater in the fourth quarter valued at about $35,000. Finally, Resolute Wealth Strategies LLC bought a new stake in Sibanye Stillwater in the first quarter valued at about $51,000. Institutional investors own 34.93% of the company's stock.
About Sibanye Stillwater
(
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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.
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