Sibanye Gold (SBGL) Shares Gap Down to $5.00
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.
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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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