Sibanye Gold Limited (NYSE:SBGL) was upgraded by research analysts at ValuEngine from a “hold” rating to a “buy” rating in a report released on Monday.

Separately, BidaskClub downgraded shares of Sibanye Gold Limited from a “hold” rating to a “sell” rating in a report on Thursday, July 6th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $10.00.

Shares of Sibanye Gold Limited (NYSE SBGL) traded down 0.45% during trading on Monday, hitting $4.44. 2,314,480 shares of the company were exchanged. The firm’s 50-day moving average price is $5.57 and its 200 day moving average price is $6.38. The firm’s market capitalization is $2.36 billion. Sibanye Gold Limited has a 12 month low of $4.36 and a 12 month high of $13.41.

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Institutional investors have recently made changes to their positions in the business. Van ECK Associates Corp raised its position in shares of Sibanye Gold Limited by 217.0% in the second quarter. Van ECK Associates Corp now owns 51,562,596 shares of the basic materials company’s stock valued at $238,735,000 after buying an additional 35,298,306 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Sibanye Gold Limited by 95.0% during the second quarter. Dimensional Fund Advisors LP now owns 6,002,276 shares of the basic materials company’s stock worth $27,795,000 after acquiring an additional 2,923,704 shares during the last quarter. Wells Fargo & Company MN boosted its position in Sibanye Gold Limited by 145.3% during the second quarter. Wells Fargo & Company MN now owns 1,210,607 shares of the basic materials company’s stock worth $5,605,000 after acquiring an additional 717,013 shares during the last quarter. Tocqueville Asset Management L.P. boosted its position in Sibanye Gold Limited by 74.4% during the second quarter. Tocqueville Asset Management L.P. now owns 984,446 shares of the basic materials company’s stock worth $4,558,000 after acquiring an additional 420,026 shares during the last quarter. Finally, Thomas White International Ltd. boosted its position in Sibanye Gold Limited by 21.9% during the second quarter. Thomas White International Ltd. now owns 750,862 shares of the basic materials company’s stock worth $3,476,000 after acquiring an additional 135,113 shares during the last quarter. 35.75% of the stock is owned by institutional investors and hedge funds.

About Sibanye Gold Limited

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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