556,542 Shares in Sibanye Gold Limited $SBSW Bought by U S Global Investors Inc.

U S Global Investors Inc. acquired a new position in shares of Sibanye Gold Limited (NYSE:SBSW) in the second quarter, HoldingsChannel.com reports. The firm acquired 556,542 shares of the company’s stock, valued at approximately $4,018,000.

A number of other institutional investors have also recently added to or reduced their stakes in SBSW. Bank of America Corp DE grew its stake in Sibanye Gold by 16.1% during the 4th quarter. Bank of America Corp DE now owns 85,825 shares of the company’s stock worth $283,000 after buying an additional 11,916 shares during the last quarter. GAMMA Investing LLC grew its stake in Sibanye Gold by 590.8% during the 1st quarter. GAMMA Investing LLC now owns 9,091 shares of the company’s stock worth $42,000 after buying an additional 7,775 shares during the last quarter. SG Americas Securities LLC boosted its position in Sibanye Gold by 408.8% during the 1st quarter. SG Americas Securities LLC now owns 82,472 shares of the company’s stock worth $378,000 after acquiring an additional 66,264 shares during the period. Petra Financial Advisors Inc. boosted its position in Sibanye Gold by 61.1% during the 1st quarter. Petra Financial Advisors Inc. now owns 53,841 shares of the company’s stock worth $247,000 after acquiring an additional 20,429 shares during the period. Finally, Comprehensive Money Management Services LLC boosted its position in Sibanye Gold by 5.9% during 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 period. 34.93% of the stock is currently owned by institutional investors.

Sibanye Gold Stock Performance

Shares of Sibanye Gold stock opened at $10.98 on Friday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.53 and a current ratio of 2.89. The business has a fifty day simple moving average of $9.23 and a 200-day simple moving average of $7.22. Sibanye Gold Limited has a fifty-two week low of $3.05 and a fifty-two week high of $12.36.

Analyst Ratings Changes

SBSW has been the subject of a number of analyst reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Sibanye Gold in a research report on Wednesday. BMO Capital Markets boosted their price target on Sibanye Gold from $7.00 to $8.50 and gave the stock a “market perform” rating in a research report on Tuesday, September 2nd. Finally, Wall Street Zen upgraded Sibanye Gold from a “buy” rating to a “strong-buy” rating in a research report on Friday, October 3rd. One equities research analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $6.07.

Sibanye Gold 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.