Petra Financial Advisors Inc. Has $408,000 Holdings in Sibanye Gold Limited $SBSW

Petra Financial Advisors Inc. raised its position in shares of Sibanye Gold Limited (NYSE:SBSW) by 4.8% in the second quarter, according to its most recent filing with the SEC. The firm owned 56,445 shares of the company’s stock after purchasing an additional 2,604 shares during the quarter. Petra Financial Advisors Inc.’s holdings in Sibanye Gold were worth $408,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. GAMMA Investing LLC increased its position in shares of Sibanye Gold by 112.2% during the second quarter. GAMMA Investing LLC now owns 4,213 shares of the company’s stock worth $30,000 after buying an additional 2,228 shares during the period. Strategic Investment Solutions Inc. IL acquired a new stake in Sibanye Gold during the 2nd quarter worth about $36,000. Farther Finance Advisors LLC grew its stake in Sibanye Gold by 745.3% during the second quarter. Farther Finance Advisors LLC now owns 6,805 shares of the company’s stock worth $49,000 after purchasing an additional 6,000 shares during the period. Creative Financial Designs Inc. ADV grew its stake in Sibanye Gold by 35.8% during the first quarter. Creative Financial Designs Inc. ADV now owns 9,100 shares of the company’s stock worth $42,000 after purchasing an additional 2,400 shares during the period. Finally, Ascent Group LLC acquired a new stake in Sibanye Gold during the second quarter worth approximately $74,000. 34.93% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have recently commented on the stock. BMO Capital Markets raised their price objective on shares of Sibanye Gold from $7.00 to $8.50 and gave the stock a “market perform” rating in a research report on Tuesday, September 2nd. Zacks Research upgraded shares of Sibanye Gold to a “hold” rating in a report on Monday, October 20th. Wall Street Zen upgraded shares of Sibanye Gold from a “buy” rating to a “strong-buy” rating in a report on Friday, October 3rd. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Sibanye Gold in a report on Wednesday, October 8th. One analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $6.07.

Sibanye Gold Stock Performance

Shares of NYSE:SBSW opened at $10.42 on Tuesday. The company has a quick ratio of 1.53, a current ratio of 2.89 and a debt-to-equity ratio of 0.96. Sibanye Gold Limited has a 12-month low of $3.05 and a 12-month high of $13.11. The business’s 50 day moving average is $9.84 and its 200 day moving average is $7.83.

Sibanye Gold 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.