Sibanye Stillwater Limited ADR (NYSE:SBSW) shares traded -2.46% lower at $5.16 on Wall Street last session.
In accordance with the data, 10 analysts cover Sibanye Stillwater Limited ADR (NYSE:SBSW). 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 $4.16, we find $6.77. Given the previous closing price of $5.29, this indicates a potential upside of 27.98 percent. SBSW stock price is now -9.00% away from the 50-day moving average and -29.01% away from the 200-day moving average. The market capitalization of the company currently stands at $3.65B.
It has been rated a hold by 2 analysts and a buy by 4. Brokers who have rated the stock have averaged $6.89 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.
Sibanye Stillwater Limited ADR (NYSE: SBSW) opened at $5.20 on Thursday. During the past 12 months, Sibanye Stillwater Limited ADR has had a low of $4.64 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 $5.67 and a two-hundred day moving average price translates $7.27 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.