Vanguard Capital Wealth Advisors trimmed its stake in Sibanye Gold Limited (NYSE:SBSW – Free Report) by 73.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,663 shares of the company’s stock after selling 64,027 shares during the quarter. Vanguard Capital Wealth Advisors’ holdings in Sibanye Gold were worth $266,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SBSW. GAMMA Investing LLC increased its stake 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 worth $58,000 after acquiring an additional 934 shares during the last quarter. Fermata Advisors LLC raised its stake in shares of Sibanye Gold by 11.8% during the 3rd quarter. Fermata Advisors LLC now owns 13,477 shares of the company’s stock worth $151,000 after purchasing an additional 1,418 shares in the last quarter. ORG Partners LLC lifted its holdings in shares of Sibanye Gold by 178.2% during the 3rd quarter. ORG Partners LLC now owns 3,606 shares of the company’s stock valued at $41,000 after buying an additional 2,310 shares during the last quarter. Farther Finance Advisors LLC grew its stake in shares of 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 buying an additional 2,449 shares in the last quarter. Finally, Petra Financial Advisors Inc. grew its stake in shares of Sibanye Gold by 4.8% in the 2nd quarter. Petra Financial Advisors Inc. now owns 56,445 shares of the company’s stock valued at $408,000 after buying an additional 2,604 shares in the last quarter. Hedge funds and other institutional investors own 34.93% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms have commented on SBSW. Weiss Ratings reissued a “sell (d-)” rating on shares of Sibanye Gold in a research report on Wednesday, October 8th. Zacks Research raised shares of Sibanye Gold from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 1st. Finally, Wall Street Zen upgraded Sibanye Gold from a “buy” rating to a “strong-buy” rating in a report on Monday, December 22nd. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $6.90.
Sibanye Gold Price Performance
Shares of NYSE SBSW opened at $18.17 on Friday. Sibanye Gold Limited has a 12 month low of $3.05 and a 12 month high of $18.53. The business’s 50 day moving average is $14.15 and its two-hundred day moving average is $11.17. The company has a quick ratio of 1.53, a current ratio of 2.89 and a debt-to-equity ratio of 0.96.
Sibanye Gold Profile
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.
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