Sibanye Gold Limited $SBSW Shares Acquired by Goehring & Rozencwajg Associates LLC

Goehring & Rozencwajg Associates LLC increased its holdings in shares of Sibanye Gold Limited (NYSE:SBSW) by 5.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 3,539,680 shares of the company’s stock after purchasing an additional 179,650 shares during the period. Sibanye Gold makes up approximately 4.8% of Goehring & Rozencwajg Associates LLC’s holdings, making the stock its 7th largest position. Goehring & Rozencwajg Associates LLC’s holdings in Sibanye Gold were worth $50,440,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Moors & Cabot Inc. increased its stake in Sibanye Gold by 4.8% during the fourth quarter. Moors & Cabot Inc. now owns 14,250 shares of the company’s stock valued at $203,000 after acquiring an additional 650 shares during the period. EverSource Wealth Advisors LLC increased its stake in Sibanye Gold by 6.6% during the fourth quarter. EverSource Wealth Advisors LLC now owns 10,591 shares of the company’s stock valued at $151,000 after acquiring an additional 656 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in Sibanye Gold by 40.3% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 3,481 shares of the company’s stock valued at $39,000 after acquiring an additional 1,000 shares during the period. Blue Trust Inc. increased its stake in Sibanye Gold by 84.1% during the fourth quarter. Blue Trust Inc. now owns 2,193 shares of the company’s stock valued at $31,000 after acquiring an additional 1,002 shares during the period. Finally, Linden Thomas Advisory Services LLC increased its stake in Sibanye Gold by 4.2% during the fourth quarter. Linden Thomas Advisory Services LLC now owns 25,438 shares of the company’s stock valued at $362,000 after acquiring an additional 1,019 shares during the period. Institutional investors and hedge funds own 34.93% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Wall Street Zen lowered Sibanye Gold from a “strong-buy” rating to a “buy” rating in a research note on Saturday, February 14th. Royal Bank Of Canada lowered their price objective on Sibanye Gold from $18.00 to $17.00 and set an “outperform” rating on the stock in a research note on Thursday, February 19th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Sibanye Gold in a research note on Tuesday, April 21st. Finally, Zacks Research lowered Sibanye Gold from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Sibanye Gold presently has an average rating of “Hold” and an average target price of $19.93.

Insider Activity

In other news, Director Thabane Vincent Maphai bought 12,000 shares of the stock in a transaction dated Monday, March 16th. The shares were acquired at an average price of $13.34 per share, with a total value of $160,080.00. Following the acquisition, the director owned 140,178 shares in the company, valued at $1,869,974.52. This trade represents a 9.36% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Richard Peter Menell bought 2,500 shares of the stock in a transaction dated Tuesday, March 24th. The stock was purchased at an average cost of $11.43 per share, for a total transaction of $28,575.00. Following the acquisition, the director owned 2,500 shares in the company, valued at $28,575. The trade was a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. 0.05% of the stock is currently owned by corporate insiders.

Sibanye Gold Trading Up 1.2%

SBSW opened at $9.86 on Friday. The firm’s 50-day simple moving average is $12.15 and its 200-day simple moving average is $13.96. The company has a quick ratio of 0.86, a current ratio of 1.78 and a debt-to-equity ratio of 0.73. Sibanye Gold Limited has a twelve month low of $6.72 and a twelve month high of $21.29.

Sibanye Gold Company Profile

Sibanye Gold (NYSE:SBSW) is a precious metals mining company headquartered in Johannesburg, South Africa. The company’s core operations focus on the extraction, processing and exploration of gold. Through its South African gold mining operations, Sibanye Gold produces doré bars, gold in concentrate and carbon-in-leach product, leveraging both underground and surface mining techniques. The company also generates by-products such as uranium, copper and nickel, reflecting its commitment to maximizing resource recovery.

In addition to its South African footprint, Sibanye Gold has expanded into the platinum‐group metals (PGM) sector through its acquisition of Stillwater Mining Company in 2017.