Reasons why Sibanye Stillwater Limited ADR’s (NYSE:SBSW) fundamentals are futile

In yesterday’s Wall Street session, Sibanye Stillwater Limited ADR (NYSE:SBSW) shares traded at $4.92, down -1.80% from the previous session.

10 analysts cover Sibanye Stillwater Limited ADR (NYSE:SBSW), according to research data. The consensus rating among analysts is ‘Hold’. 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 $5.01, this indicates a potential upside of 38.32 percent. SBSW stock price is now -14.66% away from the 50-day moving average and -33.65% away from the 200-day moving average. The market capitalization of the company currently stands at $3.48B.

The stock has received a hold rating from 2 analysts and a buy rating from 4. 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.

On Thursday morning Sibanye Stillwater Limited ADR (NYSE: SBSW) stock kicked off with the opening price of $5.0300. During the past 12 months, Sibanye Stillwater Limited ADR has had a low of $4.86 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 $5.7650 and a two-hundred day moving average price translates $7.4154 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.

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.

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