Sibanye Gold Ltd (NYSE:SBGL) has received an average recommendation of “Buy” from the seven brokerages that are presently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company.
SBGL has been the topic of several research analyst reports. Zacks Investment Research upgraded Sibanye Gold from a “sell” rating to a “hold” rating in a research note on Saturday, March 10th. ValuEngine downgraded Sibanye Gold from a “strong-buy” rating to a “buy” rating in a research note on Sunday, December 31st. Goldman Sachs upgraded Sibanye Gold from a “neutral” rating to a “buy” rating in a research note on Monday, March 26th. Finally, Citigroup upgraded Sibanye Gold from a “neutral” rating to a “buy” rating in a research note on Friday, February 23rd.
SBGL stock traded up $0.06 on Friday, hitting $3.71. 5,333,133 shares of the company’s stock were exchanged, compared to its average volume of 4,112,842. Sibanye Gold has a 12-month low of $3.37 and a 12-month high of $9.20. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.00 and a current ratio of 1.42.
Institutional investors have recently bought and sold shares of the business. BNP Paribas Arbitrage SA grew its stake in Sibanye Gold by 63.4% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 32,950 shares of the basic materials company’s stock valued at $147,000 after purchasing an additional 12,785 shares during the last quarter. Engineers Gate Manager LP purchased a new stake in Sibanye Gold during the 3rd quarter valued at about $148,000. Two Sigma Securities LLC grew its stake in Sibanye Gold by 37.6% during the 4th quarter. Two Sigma Securities LLC now owns 39,279 shares of the basic materials company’s stock valued at $198,000 after purchasing an additional 10,728 shares during the last quarter. Tower Research Capital LLC TRC grew its stake in Sibanye Gold by 328.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 48,948 shares of the basic materials company’s stock valued at $247,000 after purchasing an additional 37,532 shares during the last quarter. Finally, Symons Capital Management Inc. purchased a new stake in Sibanye Gold during the 4th quarter valued at about $387,000. Institutional investors and hedge funds own 48.20% of the company’s stock.
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About Sibanye Gold
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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