Sibanye Gold (SBGL) Shares Gap Down to $5.20
Sibanye Gold Ltd (NYSE:SBGL) shares gapped down prior to trading on Wednesday . The stock had previously closed at $5.41, but opened at $5.20. Sibanye Gold shares last traded at $5.06, with a volume of 2571100 shares trading hands.
A number of research analysts recently commented on the company. ValuEngine upgraded Sibanye Gold from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Zacks Investment Research lowered Sibanye Gold from a “buy” rating to a “hold” rating in a research note on Wednesday. Deutsche Bank upgraded Sibanye Gold from a “sell” rating to a “hold” rating in a research note on Friday, October 13th. BidaskClub upgraded Sibanye Gold from a “hold” rating to a “buy” rating in a research note on Tuesday, November 7th. Finally, Morgan Stanley upgraded 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 issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $5.25.
The company has a debt-to-equity ratio of 0.93, a current ratio of 1.03 and a quick ratio of 0.83.
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About Sibanye Gold
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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