Sibanye Gold Ltd (NYSE:SBGL) gapped down before the market opened on Thursday . The stock had previously closed at $5.57, but opened at $5.00. Sibanye Gold shares last traded at $4.78, with a volume of 9809661 shares.

A number of research firms recently weighed in on SBGL. Zacks Investment Research downgraded shares of Sibanye Gold from a “buy” rating to a “hold” rating in a research note on Wednesday, December 6th. ValuEngine raised shares of Sibanye Gold from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Deutsche Bank raised shares of Sibanye Gold from a “sell” rating to a “hold” rating in a research note on Friday, October 13th. BidaskClub raised shares of Sibanye Gold from a “hold” rating to a “buy” rating in a research note on Tuesday, November 7th. Finally, Morgan Stanley raised shares of Sibanye Gold from an “equal weight” rating to an “overweight” rating in a research note on Monday, October 9th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $5.25.

The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.83 and a current ratio of 1.03.

Institutional investors have recently added to or reduced their stakes in the company. World Asset Management Inc boosted its holdings in shares of Sibanye Gold by 117.3% in the second quarter. World Asset Management Inc now owns 31,058 shares of the basic materials company’s stock valued at $144,000 after buying an additional 16,766 shares during the period. BNP Paribas Arbitrage SA boosted its holdings in Sibanye Gold by 63.4% during the third quarter. BNP Paribas Arbitrage SA now owns 32,950 shares of the basic materials company’s stock worth $147,000 after purchasing an additional 12,785 shares during the last quarter. Engineers Gate Manager LP acquired a new position in Sibanye Gold during the third quarter worth $148,000. First Trust Advisors LP acquired a new position in Sibanye Gold during the second quarter worth $154,000. Finally, Virtu Financial LLC boosted its holdings in Sibanye Gold by 337.4% during the third quarter. Virtu Financial LLC now owns 122,059 shares of the basic materials company’s stock worth $178,000 after purchasing an additional 94,156 shares during the last quarter. Institutional investors own 36.60% of the company’s stock.

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Sibanye Gold Company Profile

Sibanye Gold Limited is an independent, global precious metal mining company. The Company is engaged in producing a mix of metals that includes gold and the platinum group metals (PGMs). Its projects are grouped by two regions: the Southern Africa region and the Americas region. Its products include gold, platinum group metals and by-products.

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