The price of Sibanye Stillwater Limited (NYSE:SBSW) shares last traded on Wall Street fell -1.27% to $6.21.
Based on available information, 9 analysts follow Sibanye Stillwater Limited (NYSE:SBSW). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $16.50 and a low of $5.93, we find $8.55. Given the previous closing price of $6.29, this indicates a potential upside of 35.93 percent. SBSW stock price is now -9.85% away from the 50-day moving average and -29.91% away from the 200-day moving average. The market capitalization of the company currently stands at $4.39B.
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Among analysts, 1 rate the stock a hold while 6 rate it a buy. Brokers who have rated the stock have averaged $9.41 as their price target over the next twelve months.
With the price target reduced from $11 to $10, RBC Capital Mkts Upgraded its rating from Sector Perform to Outperform for Sibanye Stillwater Limited (NYSE: SBSW).
There have been several recent changes in the stakes of large investors in SBSW stock. A new stake in Sibanye Stillwater Limited shares was purchased by DEUTSCHE BANK AG during the first quarter worth $1,035,000. PARALLAX VOLATILITY ADVISERS, L.P. invested $952,000 in shares of SBSW during the first quarter. In the first quarter, Y-INTERCEPT (HONG KONG) LTD acquired a new stake in Sibanye Stillwater Limited valued at approximately $914,000. D. E. SHAW & CO., INC. acquired a new stake in SBSW for approximately $679,000. GTS SECURITIES LLC purchased a new stake in SBSW valued at around $440,000 in the second quarter. In total, there are 279 active investors with 8.30% ownership of the company’s stock.
During the past 12 months, Sibanye Stillwater Limited has had a low of $5.96 and a high of $12.44. As of last week, the company has a debt-to-equity ratio of 0.26, a current ratio of 3.00, and a quick ratio of 1.70. The fifty day moving average price for SBSW is $6.87 and a two-hundred day moving average price translates $8.84 for the stock.
The latest earnings results from Sibanye Stillwater Limited (NYSE: SBSW) was released for Dec, 2022. The net profit margin was 13.30% and return on equity was 21.90% for SBSW.
Moreover, the firm recently paid out its quarterly dividend on 04/06/2023. Investors who held shares on 03/24/2023 were paid a $0.26753 dividend. On an annualized basis, this represents a $0.58 dividend and a 9.29% percent yield. There was an ex-dividend date of 03/23/2023 for this dividend.
Sibanye Stillwater Limited(SBSW) Company 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. It owns the East Boulder and Stillwater mines located in Montana, the United States; and Columbus metallurgical complex, which smelts the material mined to produce PGM-rich filter cake, as well as conducts PGM recycling activities. The company also involved in the Kroondal, Rustenburg, Marikana, and Platinum Mile operations situated in South Africa; Mimosa located on the southern portion in Zimbabwe; the Driefontein, Kloof, Rand Refinery, and Cooke surface operations located on the West Rand of the Witwatersrand Basin; and the Beatrix situated in the southern Free State. In addition, it owns an interest in surface tailings retreatment facilities; the Marathon PGM project in Ontario, Canada; the Altar and Rio Grande copper gold projects in the Andes in north-west Argentina; the Hoedspruit; and the Burnstone and southern Free State gold projects in South Africa. Sibanye Stillwater Limited was founded in 2013 and is headquartered in Weltevreden Park, South Africa.
