Sibanye Gold (SBGL) Trading Down 5.4%
Shares of Sibanye Gold Ltd (NYSE:SBGL) were down 5.4% during mid-day trading on Friday . The company traded as low as $4.52 and last traded at $4.57. Approximately 7,159,410 shares were traded during mid-day trading, an increase of 61% from the average daily volume of 4,435,097 shares. The stock had previously closed at $4.83.
A number of analysts have recently issued reports on SBGL shares. ValuEngine upgraded shares of Sibanye Gold from a “sell” rating to a “hold” rating in a report on Friday, January 4th. Zacks Investment Research raised shares of Sibanye Gold from a “sell” rating to a “hold” rating in a research note on Friday, January 25th. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has assigned a buy rating to the stock. Sibanye Gold currently has an average rating of “Hold” and a consensus target price of $2.75.
The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.68 and a current ratio of 1.04. The company has a market cap of $1.17 billion, a price-to-earnings ratio of -114.25 and a beta of -0.18.
About Sibanye Gold (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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