OLD Mission Capital LLC Takes Position in Sibanye Stillwater Limited (NYSE:SBSW)

OLD Mission Capital LLC bought a new position in shares of Sibanye Stillwater Limited (NYSE:SBSW) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 163,005 shares of the company’s stock, valued at approximately $538,000.

Several other large investors have also recently bought and sold shares of SBSW. Goehring & Rozencwajg Associates LLC acquired a new stake in shares of Sibanye Stillwater in the 4th quarter valued at approximately $9,446,000. Raymond James Financial Inc. bought a new stake in Sibanye Stillwater during the fourth quarter worth $5,814,000. Two Sigma Advisers LP lifted its stake in Sibanye Stillwater by 30.8% in the third quarter. Two Sigma Advisers LP now owns 2,975,100 shares of the company’s stock valued at $12,228,000 after acquiring an additional 699,900 shares during the last quarter. Point72 Asset Management L.P. bought a new position in shares of Sibanye Stillwater in the 3rd quarter valued at about $2,367,000. Finally, ABC Arbitrage SA acquired a new position in shares of Sibanye Stillwater during the 4th quarter worth about $1,332,000. 34.93% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada upgraded shares of Sibanye Stillwater from a “sector perform” rating to an “outperform” rating and raised their target price for the company from $4.70 to $5.30 in a research note on Tuesday, March 18th. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $5.05.

Sibanye Stillwater Trading Down 17.2 %

SBSW stock opened at $3.44 on Friday. The stock has a market cap of $2.43 billion, a price-to-earnings ratio of 6.61 and a beta of 1.08. The company has a fifty day moving average price of $3.90 and a two-hundred day moving average price of $4.01. Sibanye Stillwater Limited has a one year low of $3.05 and a one year high of $5.93. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.09 and a quick ratio of 1.04.

Sibanye Stillwater Company Profile

Sibanye Stillwater Limited, together with its subsidiaries, operates as a precious metals mining company in South Africa, the United States, Europe, and Australia. The company produces gold; platinum group metals (PGMs), including palladium, platinum, rhodium, iridium, and ruthenium; chrome; nickel; and silver, cobalt, and copper.