Sibanye Gold (SBGL) Stock Price Down 0.8%

Sibanye Gold Ltd (NYSE:SBGL) traded down 0.8% during mid-day trading on Thursday . The stock traded as low as $2.63 and last traded at $2.61. 339,351 shares changed hands during trading, a decline of 90% from the average session volume of 3,305,701 shares. The stock had previously closed at $2.63.

Several equities research analysts have recently issued reports on the stock. ValuEngine cut shares of Sibanye Gold from a “buy” rating to a “hold” rating in a research report on Tuesday, April 3rd. Goldman Sachs Group upgraded shares of Sibanye Gold from a “neutral” rating to a “buy” rating in a research note on Monday, March 26th. Zacks Investment Research upgraded shares of Sibanye Gold from a “sell” rating to a “hold” rating in a research note on Saturday, March 10th. Finally, Citigroup upgraded shares of Sibanye Gold from a “neutral” rating to a “buy” rating in a research note on Friday, February 23rd. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $5.25.

The company has a current ratio of 1.42, a quick ratio of 1.00 and a debt-to-equity ratio of 1.00.

A number of large investors have recently made changes to their positions in SBGL. Comerica Bank increased its stake in Sibanye Gold by 119.5% in the first quarter. Comerica Bank now owns 29,211 shares of the basic materials company’s stock valued at $107,000 after purchasing an additional 15,905 shares during the period. CIBC World Markets Inc. acquired a new position in Sibanye Gold in the first quarter valued at $196,000. Two Sigma Securities LLC increased its stake in Sibanye Gold by 37.6% in the fourth quarter. Two Sigma Securities LLC now owns 39,279 shares of the basic materials company’s stock valued at $198,000 after purchasing an additional 10,728 shares during the period. Barclays PLC increased its stake in Sibanye Gold by 604.9% in the first quarter. Barclays PLC now owns 56,389 shares of the basic materials company’s stock valued at $226,000 after purchasing an additional 48,389 shares during the period. Finally, Tower Research Capital LLC TRC increased its stake in Sibanye Gold by 328.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 48,948 shares of the basic materials company’s stock valued at $247,000 after purchasing an additional 37,532 shares during the period. Hedge funds and other institutional investors own 50.54% of the company’s stock.

Sibanye Gold Company Profile

Sibanye Gold Limited operates as a precious metals mining company in South Africa, Zimbabwe, and the United States. The company operates through PGM; and Gold and Uranium divisions. It owns and operates gold, and platinum group metals (PGM), including platinum, palladium, and rhodium operations and projects, as well as produces by-products, such as iridium, ruthenium, nickel, copper, and chrome.

Receive News & Ratings for Sibanye Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sibanye Gold and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

$204.46 Million in Sales Expected for Dexcom  This Quarter
$204.46 Million in Sales Expected for Dexcom This Quarter
Fraport AG Frankfurt Arprt Svcs Wrldwde  PT Set at €78.00 by HSBC
Fraport AG Frankfurt Arprt Svcs Wrldwde PT Set at €78.00 by HSBC
Software  Given a €44.00 Price Target by HSBC Analysts
Software Given a €44.00 Price Target by HSBC Analysts
Roots Corporation to Post Q2 2019 Earnings of  Per Share, Jefferies Financial Group Forecasts
Roots Corporation to Post Q2 2019 Earnings of Per Share, Jefferies Financial Group Forecasts
WPP  Rating Reiterated by Liberum Capital
WPP Rating Reiterated by Liberum Capital
Unilever  Rating Reiterated by Liberum Capital
Unilever Rating Reiterated by Liberum Capital


© 2006-2018 Ticker Report. Google+.