Sibanye Gold Limited (SBGL) Short Interest Update

Sibanye Gold Limited (NYSE:SBGL) was the target of a significant increase in short interest in September. As of September 29th, there was short interest totalling 12,475,343 shares, an increase of 32.2% from the September 15th total of 9,433,993 shares. Based on an average daily trading volume, of 3,564,774 shares, the days-to-cover ratio is currently 3.5 days.

Several large investors have recently modified their holdings of SBGL. BNP Paribas Arbitrage SA boosted its holdings in shares of Sibanye Gold Limited by 0.5% in the first quarter. BNP Paribas Arbitrage SA now owns 23,319 shares of the basic materials company’s stock valued at $205,000 after acquiring an additional 120 shares in the last quarter. Comerica Bank boosted its holdings in shares of Sibanye Gold Limited by 3.0% in the first quarter. Comerica Bank now owns 13,467 shares of the basic materials company’s stock valued at $108,000 after acquiring an additional 398 shares in the last quarter. UBS Asset Management Americas Inc. boosted its holdings in shares of Sibanye Gold Limited by 115.7% in the first quarter. UBS Asset Management Americas Inc. now owns 231,451 shares of the basic materials company’s stock valued at $2,039,000 after acquiring an additional 124,125 shares in the last quarter. Parametric Portfolio Associates LLC boosted its holdings in shares of Sibanye Gold Limited by 34.0% in the first quarter. Parametric Portfolio Associates LLC now owns 69,448 shares of the basic materials company’s stock valued at $612,000 after acquiring an additional 17,632 shares in the last quarter. Finally, SG Americas Securities LLC boosted its holdings in shares of Sibanye Gold Limited by 21.8% in the first quarter. SG Americas Securities LLC now owns 67,195 shares of the basic materials company’s stock valued at $592,000 after acquiring an additional 12,010 shares in the last quarter. 34.85% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts have recently issued reports on SBGL shares. BidaskClub lowered Sibanye Gold Limited from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 9th. Morgan Stanley raised Sibanye Gold Limited from an “equal weight” rating to an “overweight” rating in a research report on Monday, October 9th. Deutsche Bank AG raised Sibanye Gold Limited from a “sell” rating to a “hold” rating in a research report on Friday, October 13th. ValuEngine raised Sibanye Gold Limited from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Finally, Zacks Investment Research raised Sibanye Gold Limited from a “hold” rating to a “buy” rating and set a $5.25 target price for the company in a research report on Friday, October 13th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Sibanye Gold Limited presently has an average rating of “Buy” and a consensus price target of $5.25.

Shares of Sibanye Gold Limited (NYSE:SBGL) opened at 4.92 on Friday. Sibanye Gold Limited has a 52 week low of $4.27 and a 52 week high of $11.76. The stock’s market capitalization is $2.67 billion. The firm’s 50-day moving average price is $4.89 and its 200 day moving average price is $5.77.

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About Sibanye Gold Limited

Sibanye Gold Limited is an independent, global precious metal mining company. The Company is engaged in producing a mix of metals that includes gold and the platinum group metals (PGMs). Its projects are grouped by two regions: the Southern Africa region and the Americas region. Its products include gold, platinum group metals and by-products.

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