XTX Topco Ltd Invests $2.24 Million in Sibanye Gold Limited (NYSE:SBSW)

XTX Topco Ltd purchased a new stake in shares of Sibanye Gold Limited (NYSE:SBSW) in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 488,437 shares of the company’s stock, valued at approximately $2,237,000.

Other institutional investors also recently added to or reduced their stakes in the company. Itau Unibanco Holding S.A. bought a new stake in Sibanye Gold during the 4th quarter valued at $25,000. Ameriprise Financial Inc. purchased a new stake in shares of Sibanye Gold in the fourth quarter worth about $35,000. Peapack Gladstone Financial Corp bought a new position in shares of Sibanye Gold in the fourth quarter valued at approximately $41,000. GAMMA Investing LLC grew its stake in Sibanye Gold by 590.8% during the first quarter. GAMMA Investing LLC now owns 9,091 shares of the company’s stock valued at $42,000 after acquiring an additional 7,775 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV increased its holdings in Sibanye Gold by 35.8% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 9,100 shares of the company’s stock worth $42,000 after acquiring an additional 2,400 shares during the period. Institutional investors own 34.93% of the company’s stock.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of Sibanye Gold from a “hold” rating to a “buy” rating in a report on Saturday, July 26th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, Sibanye Gold presently has an average rating of “Hold” and a consensus target price of $4.73.

Sibanye Gold Stock Performance

Shares of NYSE SBSW opened at $8.52 on Thursday. The company has a debt-to-equity ratio of 0.86, a current ratio of 2.32 and a quick ratio of 1.10. The business has a 50-day moving average of $7.47 and a 200-day moving average of $5.27. Sibanye Gold Limited has a 12 month low of $3.05 and a 12 month high of $9.85.

Sibanye Gold 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.