Sibanye Gold Limited $SBSW Position Raised by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd raised its position in shares of Sibanye Gold Limited (NYSE:SBSW) by 42.7% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 155,399 shares of the company’s stock after purchasing an additional 46,511 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Sibanye Gold were worth $1,747,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. GAMMA Investing LLC lifted its holdings in shares of Sibanye Gold by 22.2% in the third quarter. GAMMA Investing LLC now owns 5,147 shares of the company’s stock valued at $58,000 after buying an additional 934 shares during the period. Fermata Advisors LLC grew its holdings in Sibanye Gold by 11.8% during the third quarter. Fermata Advisors LLC now owns 13,477 shares of the company’s stock worth $151,000 after acquiring an additional 1,418 shares during the period. ORG Partners LLC raised its position in Sibanye Gold by 178.2% in the third quarter. ORG Partners LLC now owns 3,606 shares of the company’s stock worth $41,000 after acquiring an additional 2,310 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in Sibanye Gold by 36.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 9,254 shares of the company’s stock valued at $104,000 after acquiring an additional 2,449 shares during the last quarter. Finally, Petra Financial Advisors Inc. boosted its position in shares of Sibanye Gold by 4.8% during the 2nd quarter. Petra Financial Advisors Inc. now owns 56,445 shares of the company’s stock valued at $408,000 after purchasing an additional 2,604 shares in the last quarter. Institutional investors own 34.93% of the company’s stock.

Sibanye Gold Stock Down 5.4%

Shares of Sibanye Gold stock opened at $19.99 on Friday. Sibanye Gold Limited has a 1 year low of $3.05 and a 1 year high of $21.29. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.89 and a quick ratio of 1.53. The stock has a 50-day moving average price of $15.03 and a 200 day moving average price of $11.59.

Analyst Upgrades and Downgrades

SBSW has been the topic of a number of research reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Sibanye Gold in a report on Thursday, January 22nd. HSBC raised Sibanye Gold from a “hold” rating to a “buy” rating and set a $24.80 price target on the stock in a report on Friday, January 23rd. Wall Street Zen raised Sibanye Gold from a “buy” rating to a “strong-buy” rating in a research note on Monday, December 22nd. Zacks Research upgraded Sibanye Gold from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 1st. Finally, Hsbc Global Res upgraded Sibanye Gold to a “strong-buy” rating in a research report on Friday, January 23rd. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Sibanye Gold has an average rating of “Moderate Buy” and a consensus target price of $12.87.

About Sibanye Gold

Sibanye Gold (NYSE:SBSW) is a precious metals mining company headquartered in Johannesburg, South Africa. The company’s core operations focus on the extraction, processing and exploration of gold. Through its South African gold mining operations, Sibanye Gold produces doré bars, gold in concentrate and carbon-in-leach product, leveraging both underground and surface mining techniques. The company also generates by-products such as uranium, copper and nickel, reflecting its commitment to maximizing resource recovery.

In addition to its South African footprint, Sibanye Gold has expanded into the platinum?group metals (PGM) sector through its acquisition of Stillwater Mining Company in 2017.