Sibanye Stillwater (SBSW) to Release Quarterly Earnings on Friday

Sibanye Stillwater (NYSE:SBSW - Get Free Report) is expected to be posting its quarterly earnings results before the market opens on Friday, May 16th. Analysts expect Sibanye Stillwater to post earnings of ($0.16) per share and revenue of $2.73 billion for the quarter.

Sibanye Stillwater Price Performance

Shares of NYSE:SBSW traded down $0.03 during midday trading on Wednesday, hitting $4.58. 3,511,347 shares of the stock were exchanged, compared to its average volume of 7,204,428. The stock has a market cap of $3.24 billion, a P/E ratio of 8.76 and a beta of 0.59. The company has a current ratio of 2.09, a quick ratio of 1.04 and a debt-to-equity ratio of 0.71. Sibanye Stillwater has a twelve month low of $3.05 and a twelve month high of $5.91. The company has a 50 day moving average price of $4.37 and a 200-day moving average price of $4.04.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada raised Sibanye Stillwater from a "sector perform" rating to an "outperform" rating and increased their price target for the stock from $4.70 to $5.30 in a research note on Tuesday, March 18th. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $5.05.

About Sibanye Stillwater

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.