OLD Mission Capital LLC Invests $538,000 in Sibanye Stillwater Limited (NYSE:SBSW)

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

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SBSW. HighTower Advisors LLC increased its stake in shares of Sibanye Stillwater by 6.7% in the 3rd quarter. HighTower Advisors LLC now owns 48,632 shares of the company’s stock valued at $199,000 after acquiring an additional 3,045 shares during the last quarter. Point72 Asset Management L.P. acquired a new position in Sibanye Stillwater during the third quarter valued at approximately $2,367,000. Two Sigma Advisers LP increased 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 purchasing an additional 699,900 shares in the last quarter. XTX Topco Ltd raised its holdings in Sibanye Stillwater by 5.6% in the third quarter. XTX Topco Ltd now owns 101,656 shares of the company’s stock worth $418,000 after purchasing an additional 5,428 shares during the period. Finally, O Brien Greene & Co. Inc bought a new position in shares of Sibanye Stillwater during the third quarter worth $189,000. Institutional investors own 34.93% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada raised Sibanye Stillwater from a “sector perform” rating to an “outperform” rating and raised their price objective for the stock from $4.70 to $5.30 in a research note on Tuesday, March 18th. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, Sibanye Stillwater has a consensus rating of “Hold” and an average target price of $5.05.

Sibanye Stillwater Stock Down 17.2 %

Shares of SBSW stock opened at $3.44 on Friday. The company has a market capitalization of $2.43 billion, a price-to-earnings ratio of 6.61 and a beta of 1.08. Sibanye Stillwater Limited has a 12-month low of $3.05 and a 12-month high of $5.93. The firm has a fifty day moving average of $3.90 and a 200-day moving average of $4.01. The company has a quick ratio of 1.04, a current ratio of 2.09 and a debt-to-equity ratio of 0.71.

Sibanye Stillwater 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.