SBGL - Sibanye Gold Limited

NYSE - NYSE Delayed Price. Currency in USD
2.6900
+0.0700 (+2.67%)
At close: 4:02PM EST

2.68 -0.01 (-0.20%)
After hours: 4:26PM EST

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Previous Close2.6200
Open2.6900
Bid2.63 x 29200
Ask2.70 x 1000
Day's Range2.6550 - 2.7400
52 Week Range2.0200 - 5.5000
Volume1,422,632
Avg. Volume3,571,528
Market Cap1.473B
Beta (3Y Monthly)-1.58
PE Ratio (TTM)48.04
EPS (TTM)0.06
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2017-04-05
1y Target Est6.23
Trade prices are not sourced from all markets
  • Drdgold Completes Phase One of Far West Gold Recoveries Project
    GuruFocus.com7 days ago

    Drdgold Completes Phase One of Far West Gold Recoveries Project

    Sibanye-Stillwater ADR (SBGL) jumped 2.78% to $2.59 per share on Tuesday after the company announced Drdgold Ltd. (DRD), in which it has a 38% controlling interest stake, successfully completed the first phase of the Far West Gold Recoveries project. The completion of the project will enable Drdgold, which specializes in the recovery and sale of gold from surface tailings in South Africa, to deliver the Driefontein 2 gold concentrator with the tailings from the Driefontein 5 dump of waste rock from previous mining activities in the area. Warning! GuruFocus has detected 7 Warning Signs with SBGL.

  • Bloomberg21 days ago

    Sibanye-Lonmin Deal Approved by South Africa With Limit on Job Cuts

    It should come as a relief to Sibanye Chief Executive Officer Neal Froneman, after a particularly tough year for the company.The companies had planned to cut more than 13,000 jobs after the merger from aging shafts that are running out of profitable ore. Only 885 were as a result of the deal, but the tribunal said it’s not that clear cut.The regulator is placing a moratorium on job cuts for the six-month period so Sibanye can do an in-depth assessment of the operational requirements of Lonmin and consult with relevant parties including unions.

  • Potential Strike Could Send Sibanye-Stillwater Lower
    GuruFocus.com23 days ago

    Potential Strike Could Send Sibanye-Stillwater Lower

    Sibanye-Stillwater (SBGL) announced on Monday that the Association of Mineworkers and Construction Union is going to start a protected strike action at its gold operations in South Africa, where a total of 32,200 workers are employed. The trade union, also known as AMCU, informed the company that its represented workers will start the strike during the evening shift on Wednesday. Warning! GuruFocus has detected 7 Warning Signs with SBGL.

  • Lonmin's Biggest Union Wants Sibanye Deal Stopped Over Jobs
    Bloomberglast month

    Lonmin's Biggest Union Wants Sibanye Deal Stopped Over Jobs

    Lonmin has proposed 12,459 job cuts at mines that will run out of commercial deposits in the next three years. Lonmin has already cut about 2,000 jobs to weather a rout in platinum prices. The union also said that the outlook for platinum-group metals has improved and a weaker rand means Lonmin could operate profitably.

  • This South African Gold Miner Has a Huge Rerating Potential
    Market Realistlast month

    This South African Gold Miner Has a Huge Rerating Potential

    As Positive Catalysts for Gold Emerge, Which Miners May Benefit? South African miners have traditionally traded at a discount to their global counterparts, primarily due to South Africa’s laws, labor concerns, and infrastructure challenges. Among these miners, Sibanye Gold (SBGL) is trading at the highest EV-to-EBITDA (enterprise value-to-EBITDA) multiple of 4.2x—a premium of 23.0% to the peer average.

  • CNW Grouplast month

    Acquisition of Common Shares of Aldebaran Resources Inc.

    Acquisition of Common Shares of Aldebaran Resources Inc.

  • Sibanye-Stillwater Falls on 3rd-Quarter Production Results
    GuruFocus.comlast month

    Sibanye-Stillwater Falls on 3rd-Quarter Production Results

    Shares of miner Sibanye-Stillwater (SBGL) tumbled 9.22% to $2.56 on the New York Stock Exchange on Thursday after reporting operating results for the third quarter. The South African miner produced 308,922 ounces of gold at an all-sustaining cost of $1,290 per ounce and produced 305,227 ounces of 4E platinum group metals at an all-in sustaining cost of $771 per ounce. Warning! GuruFocus has detected 7 Warning Signs with SBGL.

  • Reuters2 months ago

    Lonmin gets $200 million purchase pact, committed to Sibanye deal

    Strapped for cash, Lonmin had unveiled plans to cut 12,600 jobs and have a further 890 merger-related layoffs when Sibanye agreed to buy out the company in December. Lonmin said it remains committed to the proposed deal with the South African competition tribunal's hearing set for Nov. 12 to Nov. 14. The funding agreement Lonmin has entered with an associate of Jiangxi Copper Company Limited is secured over Lonmin's assets and removes some restrictions present in the company's current debt facilities related to completion of the Sibanye deal.

  • Why Gold Stocks Were on Fire Today
    Motley Fool2 months ago

    Why Gold Stocks Were on Fire Today

    Economic fears are pushing gold prices higher. Struggling gold stocks are following suit.

  • Investopedia2 months ago

    Top 3 Platinum Stocks for 2018

    Gold prices are near 19-month lows, hammering the stocks of many gold companies and gold ETFs. The decline has been consistent throughout the precious metals arena. There is reason to think platinum prices could be ready to rise longer term, but for the time being, the price of the commodity is likely to remain pressured.

  • Could Harmony Gold Regain Analysts’ Lost Favor?
    Market Realist2 months ago

    Could Harmony Gold Regain Analysts’ Lost Favor?

    According to the consensus compiled by Thomson Reuters, Harmony Gold (HMY) has “buy” ratings from only 30% of the analysts covering the stock. While its percentage of “buy” ratings are in the bottom five for gold miners, analysts’ optimism for the stock has improved in the last year. A year ago, HMY stock had only 10% “buy” recommendations.

  • Why Analysts Love Wheaton Precious Metals the Most
    Market Realist3 months ago

    Why Analysts Love Wheaton Precious Metals the Most

    Among the major gold mining and gold streaming companies, Wheaton Precious Metals (WPM), the world’s largest precious metals streaming company, has received the highest percentage of “buy” recommendations at 100%. That level hasn’t changed much over the past year.

  • Biggest Sibanye Gold Unions Get Approval to Strike Over Pay
    Bloomberg3 months ago

    Biggest Sibanye Gold Unions Get Approval to Strike Over Pay

    The two biggest South African unions at Sibanye Gold Ltd.’s mines got permission to strike over pay after a deadlock in gold wage talks. The National Union of Mineworkers and Association of Mineworkers and Construction Union received strike certificates at Sibanye after negotiations were referred to the Commission for Conciliation, Mediation and Arbitration, Minerals Council South Africa, an industry lobby group, said Thursday. AMCU was also granted permission to strike at Harmony Gold Mining Co. The approval ensures that the work stoppage is legal, which means employees can’t lose their jobs for participating.

  • Van Eck Associates Decreases Holding of Sibanye-Stillwater
    GuruFocus.com3 months ago

    Van Eck Associates Decreases Holding of Sibanye-Stillwater

    The top fund holder now owns about 8.81% of the South African miner

  • Bloomberg3 months ago

    Sibanye-Lonmin Deal Clears Key Hurdle With Antitrust Support

    South Africa’s antitrust regulator recommended Sibanye Gold Ltd.’s acquisition of Lonmin Plc be approved, clearing a key hurdle for the deal that throws a lifeline to the struggling platinum producer. It may be approved if Sibanye tries to save about 3,700 jobs of the more than 13,000 it plans to cut over the next two years, the Competition Commission said on Monday. Sibanye’s acquisition of Lonmin is the latest in a series of deals by Chief Executive Officer Neal Froneman, who has transformed the gold miner by expanding into platinum-group metals and last year bought a U.S. palladium miner for $2.2 billion.

  • 'Will I Come Back Dead?' Human Costs of South African Gold
    Bloomberg3 months ago

    'Will I Come Back Dead?' Human Costs of South African Gold

    After more than two decades of improving mine safety since the end of apartheid, South Africa’s progress has stalled with an increase in gold-mining deaths. Most of the gold mining fatalities are due to workers being crushed under falling rocks, caused by more frequent tremors as companies dig deeper for the precious metal, in some cases reaching depths of more than 4 kilometers (2.5 miles). The government is investigating Sibanye Gold Ltd.’s operations, where over half the gold mining deaths occurred this year.

  • Bloomberg3 months ago

    Top Sibanye Holders Are Said to Show Support for Lonmin Deal

    Three of Sibanye Gold Ltd.’s largest investors, controlling more than a third of its shares, have indicated they will vote in favor of its planned takeover of Lonmin Plc, according to people familiar with the matter. Gold One Group, Sibanye’s largest investor with about 19 percent, and South Africa’s Public Investment Corp. both told the companies they will support the all-share deal, said the people, who asked not to be identified because the information is private. Exor Investments UK LLP, which owns shares in both companies, has also indicated it will back the transaction, they said.

  • Why Wheaton Precious Metals' Latest Move Makes It an Attractive Pick
    Motley Fool3 months ago

    Why Wheaton Precious Metals' Latest Move Makes It an Attractive Pick

    Wheaton has made two streaming deals so far this year. Taken together, they make the stock an increasingly attractive precious metals option.

  • Investopedia3 months ago

    Top 3 Platinum Stocks for 2018

    Gold prices are near 19-month lows, hammering the stocks of many gold companies and gold ETFs. The decline has been consistent throughout the precious metals arena. There is reason to think platinum prices could be ready to rise longer term, but for the time being, the price of the commodity is likely to remain pressured.

  • ACCESSWIRE4 months ago

    DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Sibanye Gold Limited and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

    LOS ANGELES, CA / ACCESSWIRE / August 27, 2018 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Sibanye Gold Limited ("Sibanye" or the "Company") (NYSE: SBGL) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Bloomberg reported on June 26, 2018, that, "another worker was killed at [Sibanye's] Driefontein operation in South Africa, bringing the total deaths at the company's mines this year to 21." According to Bloomberg's report, Sibanye "accounts for nearly half of the 46 people reported killed at South African mines in 2018 and is already the subject of an investigation by the chief inspector of mines." After this report was released, Sibanye's share price fell sharply in intraday trading.

  • Business Wire4 months ago

    SIBANYE ALERT: Rosen Law Firm Announces Class Action Lawsuit Against Sibanye Gold Limited; Important Aug. 27 Deadline – SBGL

    Rosen Law Firm, a global investor rights law firm, that it filed the first class action lawsuit on behalf of purchasers of the securities of Sibanye Gold Limited (SBGL) from April 7, 2017 through June 26, 2018 (the “Class Period”). The lawsuit seeks to recover damages for Sibanye investors under the federal securities laws. To join the Sibanye class action, go to http://www.rosenlegal.com/cases-1369.html or call Phillip Kim, Esq.