Sibanye Stillwater Limited ADR (NYSE: SBSW) stock fell -0.76% on Monday to $5.20 against a previous-day closing price of $5.24. With 2.24 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.57 million shares. During the session, the Gold company that operates in wider Basic Materials sector, reached to the highest price of $5.26 whereas the lowest price it dropped to was $5.11. The 52-week range on SBSW shows that it touched its highest point at $12.44 and its lowest point at $4.64 during that stretch. It currently has a 1-year price target of $6.89. With its current market cap of 3.68 billion, SBSW has annualized dividend of $0.14 while the current yield stands at 2.78%. Beta for the stock currently stands at 1.63.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SBSW was up-trending over the past week, with a rise of 8.79%, but this was down by -5.80% over a month. Three-month performance dropped to -18.37% while six-month performance fell -32.90%. The stock lost -49.32% in the past year, while it has lost -51.22% so far this year. A look at the trailing 12-month EPS for SBSW yields 1.10 with Next year EPS estimates of 0.74.

Float and Shares Shorts:

At present, 707.59 million SBSW shares are outstanding with a float of 706.80 million shares on hand for trading. On Oct 30, 2023, short shares totaled 15.19 million, which was 2.11% higher than short shares on Sep 28, 2023. In addition to Mr. Neal John Froneman B.Sc(MechEng), B.Sc., BCompt UNISA, PR Eng. as the firm’s CEO & Executive Director, Mr. Charl A. Keyter A.C.M.A., B.Com., CGMA, M.B.A. serves as its CFO & Executive Director.

Institutional Ownership:

Through their ownership of 9.41% of SBSW’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 7.69% of SBSW, in contrast to 3.42% held by mutual funds. As the largest shareholder in SBSW with 2.42% of the stake, Lingotto Investment Management LL holds 17,101,410 shares worth 17,101,410. A second-largest stockholder of SBSW, AQR Capital Management LLC, holds 5,031,600 shares, controlling over 0.71% of the firm’s shares. Dimensional Fund Advisors LP is the third largest shareholder in SBSW, holding 4,087,519 shares or 0.58% stake. With a 0.56% stake in SBSW, the Invesco Gold and Special Minerals is the largest stakeholder. A total of 3,962,587 shares are owned by the mutual fund manager. The Columbia Overseas Value Fund, which owns about 0.18% of SBSW stock, is the second-largest Mutual Fund holder. It holds 1,289,969 shares valued at 6.55 million. DFA Dimensional Emerging Markets holds 0.18% of the stake in SBSW, owning 1,276,695 shares worth 6.49 million.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SBSW since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With SBSW analysts setting a high price target of $11.00 and a low target of $4.16, the average target price over the next 12 months is $6.89. Based on these targets, SBSW could surge 111.54% to reach the target high and fall by -20.0% to reach the target low. Reaching the average price target will result in a growth of 32.5% from current levels.

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