BMO Capital Markets began coverage on shares of Sibanye Gold Ltd. (NYSE:SBGL) in a research report sent to investors on Wednesday. The brokerage issued a hold rating on the stock.

A number of other equities research analysts also recently weighed in on SBGL. Zacks Investment Research raised shares of Sibanye Gold from a sell rating to a hold rating in a research report on Thursday, November 3rd. Citigroup Inc. raised shares of Sibanye Gold from a sell rating to a neutral rating in a research report on Wednesday, October 12th. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus price target of $18.00.

Sibanye Gold (NYSE:SBGL) opened at 9.44 on Wednesday. Sibanye Gold has a 12-month low of $4.59 and a 12-month high of $20.97. The stock has a market cap of $2.18 billion, a price-to-earnings ratio of 33.71 and a beta of 0.15. The company has a 50-day moving average price of $11.98 and a 200 day moving average price of $14.45.

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. UBS Group AG boosted its position in Sibanye Gold by 10.2% in the first quarter. UBS Group AG now owns 39,164 shares of the company’s stock valued at $595,000 after buying an additional 3,620 shares during the period. HBK Investments L P boosted its position in Sibanye Gold by 80.6% in the first quarter. HBK Investments L P now owns 36,298 shares of the company’s stock valued at $551,000 after buying an additional 16,198 shares during the period. Renaissance Technologies LLC boosted its position in Sibanye Gold by 19.8% in the first quarter. Renaissance Technologies LLC now owns 1,671,600 shares of the company’s stock valued at $25,358,000 after buying an additional 275,800 shares during the period. Orbis Allan Gray Ltd purchased a new position in Sibanye Gold during the first quarter valued at approximately $683,226,000. Finally, Moore Capital Management LP purchased a new position in Sibanye Gold during the first quarter valued at approximately $869,000. Hedge funds and other institutional investors own 17.63% of the company’s stock.

About Sibanye Gold

Sibanye Gold Limited (Sibanye) is a South Africa-based mining company. The Company owns and operates gold and uranium operations, and projects throughout the Witwatersrand Basin. Its segments include Driefontein, Kloof, Beatrix, Cooke and Corporate. The Company owns and operates four underground and surface gold operations: the Cooke, Driefontein and Kloof operations in the West Witwatersrand region, and the Beatrix operation in the southern Free State province.

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