Sibanye Gold Ltd (NYSE: SBGL) has received a consensus recommendation of "Hold" from the seven research agencies covering the shares, reports Marketbeat. One investment analyst has assessed the shares with a sales recommendation, three have issued a redundancy recommendation and three have issued a buy recommendation about the company.
A number of equity analysts recently commented on SBGL shares. ValuEngine downgraded Sibanye Gold from a & # 39; hold & # 39; credit to a & # 39; sell & # 39; credit in a report on Saturday, June 2. Zacks Investment Research reduced Sibanye Gold from a "hold" rating to a "sell" rating in a report on Thursday, June 14. Finally, Citigroup Sibanye Gold reduced from a "buy" rating to a "neutral" rating in a report on Wednesday 27 June.
NYSE: SBGL exchanged $ 0.14 during midday trading on Monday and reached $ 2.47. The company's shares had a trading volume of 2,481,200 shares, compared with the average volume of 3,763,910. The company has a current ratio of 1.42, a quick ratio of 1.00 and a debt-to-equity ratio of 1.00. Sibanye Gold has a 12-month low of $ 2.07 and a twelve-month high of $ 6.89. The company has a market capitalization of $ 574.05 million, a price-earnings ratio of -61.25 and a beta of -0.10.
Institutional investors have recently increased or reduced their holdings in the company. Comerica Bank increased its participations in Sibanye Gold by 119.5% in the 1st quarter. Comerica Bank now owns 29,211 shares of the parent company business worth $ 107,000 after the purchase of 15,905 additional shares during the period. CIBC World Markets Inc. has acquired a new position in shares of Sibanye Gold in the first quarter of approximately $ 196,000. Barclays PLC increased its holdings of Sibanye Gold shares by 604.9% in the 1st quarter. Barclays PLC now owns 56,889 shares in the base material company valued at $ 226,000 after the purchase of 48,389 additional shares during the period. Bank of Montreal can increase its shareholdings in Sibanye Gold shares by 13.2% in the second quarter. Bank of Montreal can now own 311,873 shares in the base materials company's stock of $ 755,000 after purchasing another 36,380 shares during the period. Finally, Commerzbank Aktiengesellschaft FI increased its shareholdings in Sibanye Gold by 87.8% in the first quarter. Commerzbank Aktiengesellschaft FI now owns 190,034 shares in the base materials company's stock of $ 758,000 after purchasing an additional 88,846 shares during the period. Institutional investors own 54.61% of the company's shares.
Sibanye Gold Company Profile
Sibanye Gold Limited operates as a mining company for precious metals in South Africa, Zimbabwe and the United States. The company operates through PGM; and divisions of gold and uranium. It owns and manages gold and platinum group metals (PGM), including platinum, palladium and rhodium operations and projects, as well as produces by-products, such as iridium, ruthenium, nickel, copper and chromium.
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