In yesterday’s Wall Street session, Sibanye Stillwater Limited ADR (NYSE:SBSW) shares traded at $4.87, down -5.80% from the previous session.
As we calculate the median target price by taking the range between a high of $11.00 and a low of $4.48, we find $6.93. Given the previous closing price of $5.17, this indicates a potential upside of 34.04 percent. SBSW stock price is now -19.81% away from the 50-day moving average and -37.41% away from the 200-day moving average. The market capitalization of the company currently stands at $3.45B.
Brokers who have rated the stock have averaged $7.07 as their price target over the next twelve months.
With the price target reduced from $9 to $6.50, RBC Capital Mkts Downgraded its rating from Outperform to Sector Perform for Sibanye Stillwater Limited ADR (NYSE: SBSW).
A total of 0.05% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in SBSW stock. A new stake in Sibanye Stillwater Limited ADR shares was purchased by DEUTSCHE BANK AG during the first quarter worth $811,000. PARALLAX VOLATILITY ADVISERS, L.P. invested $746,000 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 ADR valued at approximately $716,000. D. E. SHAW & CO., INC. acquired a new stake in SBSW for approximately $532,000. GTS SECURITIES LLC purchased a new stake in SBSW valued at around $345,000 in the second quarter. In total, there are 279 active investors with 9.63% ownership of the company’s stock.
On Wednesday morning Sibanye Stillwater Limited ADR (NYSE: SBSW) stock kicked off with the opening price of $5.0000. During the past 12 months, Sibanye Stillwater Limited ADR has had a low of $5.09 and a high of $12.44. As of last week, the company has a debt-to-equity ratio of 0.27, a current ratio of 3.14, and a quick ratio of 1.72. The fifty day moving average price for SBSW is $6.0444 and a two-hundred day moving average price translates $7.7463 for the stock.
The latest earnings results from Sibanye Stillwater Limited ADR (NYSE: SBSW) was released for Jun, 2023. The net profit margin was 10.71% and return on equity was 14.90% 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 $0.27 dividend and a 5.48% percent yield. There was an ex-dividend date of 03/23/2023 for this dividend. In terms of dividend payout ratio, SBSW is presently at 29.02%.
Sibanye Stillwater Limited ADR(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.
