Sibanye Gold (SBGL) Shares Gap Up to $2.59
Sibanye Gold Ltd (NYSE:SBGL) gapped up prior to trading on Thursday . The stock had previously closed at $2.49, but opened at $2.59. Sibanye Gold shares last traded at $2.63, with a volume of 2176621 shares traded.
Several equities research analysts have recently issued reports on SBGL shares. ValuEngine raised Sibanye Gold from a “strong sell” rating to a “sell” rating in a report on Friday, October 12th. Zacks Investment Research lowered Sibanye Gold from a “hold” rating to a “sell” rating in a research report on Tuesday, August 28th. Citigroup lowered Sibanye Gold from a “neutral” rating to a “sell” rating in a research report on Tuesday, November 6th. Finally, Macquarie lowered Sibanye Gold from a “neutral” rating to an “underperform” rating in a research report on Tuesday, August 28th. Three analysts have rated the stock with a sell rating, one has assigned a hold rating and one has given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $2.75.
The stock has a market capitalization of $638.10 million, a P/E ratio of -67.63 and a beta of -0.24. The company has a quick ratio of 1.30, a current ratio of 1.85 and a debt-to-equity ratio of 1.11.
Sibanye Gold Company Profile (NYSE:SBGL)
Sibanye Gold Limited operates as a precious metals mining company in South Africa, Zimbabwe, and the United States. The company operates through PGM; and Gold and Uranium divisions. It owns and operates gold, and platinum group metals (PGM), including platinum, palladium, and rhodium operations and projects, as well as produces by-products, such as iridium, ruthenium, nickel, copper, and chrome.
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