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

Goehring & Rozencwajg Associates LLC boosted its position in shares of Sibanye Gold Limited (NYSE:SBSW) by 5.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,539,680 shares of the company’s stock after purchasing an additional 179,650 shares during the period. Sibanye Gold accounts for approximately 4.8% of Goehring & Rozencwajg Associates LLC’s portfolio, making the stock its 7th biggest position. Goehring & Rozencwajg Associates LLC owned about 0.50% of Sibanye Gold worth $50,440,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the company. Arrowstreet Capital Limited Partnership boosted its position in Sibanye Gold by 15.4% during the third quarter. Arrowstreet Capital Limited Partnership now owns 4,034,972 shares of the company’s stock valued at $45,353,000 after purchasing an additional 539,447 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in Sibanye Gold by 196.6% during the first quarter. Goldman Sachs Group Inc. now owns 3,576,255 shares of the company’s stock valued at $16,379,000 after purchasing an additional 2,370,443 shares during the last quarter. Deutsche Bank AG acquired a new stake in Sibanye Gold during the fourth quarter valued at $49,435,000. Millennium Management LLC boosted its position in Sibanye Gold by 363.7% during the first quarter. Millennium Management LLC now owns 3,171,659 shares of the company’s stock valued at $14,526,000 after purchasing an additional 2,487,648 shares during the last quarter. Finally, Lord Abbett & CO. LLC acquired a new stake in Sibanye Gold during the fourth quarter valued at $33,279,000. Institutional investors and hedge funds own 34.93% of the company’s stock.

Insider Transactions at Sibanye Gold

In other Sibanye Gold news, Director Thabane Vincent Maphai acquired 12,000 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The stock was acquired at an average price of $13.34 per share, with a total value of $160,080.00. Following the transaction, the director owned 140,178 shares of the company’s stock, valued at approximately $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 accessible through this link. Also, Director Richard Peter Menell acquired 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, March 24th. The shares were acquired at an average cost of $11.43 per share, with a total value of $28,575.00. Following the transaction, the director directly owned 2,500 shares in the company, valued at $28,575. The trade was a ∞ increase in their position. The SEC filing for this purchase provides additional information. 0.05% of the stock is owned by insiders.

Sibanye Gold Trading Up 1.2%

Shares of NYSE:SBSW opened at $9.86 on Friday. Sibanye Gold Limited has a fifty-two week low of $6.72 and a fifty-two week high of $21.29. The business has a 50-day moving average of $12.15 and a two-hundred day moving average of $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.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on SBSW. Zacks Research cut Sibanye Gold from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Royal Bank Of Canada reduced their price target on Sibanye Gold from $18.00 to $17.00 and set an “outperform” rating for the company in a research report on Thursday, February 19th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Sibanye Gold in a research report on Tuesday, April 21st. Finally, Wall Street Zen cut Sibanye Gold from a “strong-buy” rating to a “buy” rating in a research report on Saturday, February 14th. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $19.93.

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.