Sibanye Gold (NYSE:SBSW) Shares Gap Down After Analyst Downgrade

Posted by Geri Gentry on Oct 9th, 2026

Sibanye Gold Limited (NYSE:SBSW – Get Free Report)’s stock price gapped down before the market opened on Wednesday after Zacks Research downgraded the stock from a hold rating to a strong sell rating. The stock had previously closed at $10.01, but opened at $9.43. Sibanye Gold shares last traded at $9.7090, with a volume of 1,170,547 shares changing hands.

Other research analysts also recently issued research reports about the stock. BMO Capital Markets dropped their price objective on shares of Sibanye Gold from $14.00 to $12.00 and set a “market perform” rating on the stock in a report on Tuesday, July 14th. Citigroup raised Sibanye Gold from a “neutral” rating to a “buy” rating and set a $13.50 target price on the stock in a research report on Thursday, August 13th. Wall Street Zen upgraded Sibanye Gold from a “buy” rating to a “strong-buy” rating in a research note on Sunday, September 6th. Royal Bank Of Canada cut their price target on Sibanye Gold from $16.50 to $15.00 and set an “outperform” rating for the company in a report on Wednesday, September 16th. Finally, Weiss Ratings upgraded Sibanye Gold from a “sell (d-)” rating to a “hold (c)” rating in a research report on Tuesday, September 22nd. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $16.32.

View Our Latest Analysis on SBSW

Hedge Funds Weigh In On Sibanye Gold

Several hedge funds and other institutional investors have recently modified their holdings of SBSW. MAC Alpha Capital Management LP lifted its holdings in shares of Sibanye Gold by 81.4% during the second quarter. MAC Alpha Capital Management LP now owns 1,588,307 shares of the company’s stock valued at $13,486,000 after acquiring an additional 712,537 shares during the period. BlueCrest Capital Management Ltd acquired a new stake in shares of Sibanye Gold during the second quarter worth approximately $6,479,000. Engineers Gate Manager LP raised its position in Sibanye Gold by 67.9% in the 2nd quarter. Engineers Gate Manager LP now owns 518,732 shares of the company’s stock valued at $4,404,000 after purchasing an additional 209,804 shares during the last quarter. Nykredit A S bought a new stake in Sibanye Gold during the 2nd quarter worth about $140,000. Finally, Burford Brothers Inc. bought a new position in shares of Sibanye Gold in the second quarter worth about $255,000. Institutional investors own 34.93% of the company’s stock.

Sibanye Gold Stock Up 2.3%

The stock’s 50 day simple moving average is $11.18 and its two-hundred day simple moving average is $10.98. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.72 and a quick ratio of 1.37.

Sibanye Gold Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, October 6th. Stockholders of record on Friday, September 18th were paid a $0.4985 dividend. The ex-dividend date of this dividend was Friday, September 18th. This represents a dividend yield of 856.0%.

About Sibanye Gold

(Get Free Report)

Sibanye Gold, now known as Sibanye-Stillwater Limited, is a multinational mining and metals processing company headquartered in South Africa. The company was established in 2012 after being spun out of Gold Fields’ South African mining operations and adopted the Sibanye-Stillwater name following its acquisition of Stillwater Mining Company in the United States in 2017.

Sibanye-Stillwater is primarily involved in the production of platinum-group metals, including platinum, palladium and rhodium, as well as gold and selected battery and base metals.