Sibanye Gold Limited (SBGL) - Critical Levels to Breach

Lester Mason
September 11, 2017

Other equities research analysts have also recently issued reports about the stock. The value of the total investment in Randgold Resources Limited - Am went from $6,462,000 to $5,968,000 a change of $494,000 quarter over quarter. The stock of Randgold Resources Ltd. (ADR) (NASDAQ:GOLD) has "Buy" rating given on Thursday, September 17 by Vetr. BidaskClub lowered Randgold Resources Limited from a "buy" rating to a "hold" rating in a research note on Tuesday, June 13th. As per Monday, August 24, the company rating was upgraded by RBC Capital Markets. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company. The company now has an average rating of Buy and an average target price of $101.00.

Traders are a little more bullish on shares of the company of late if you pay attention to the fall in short interest. Numis Securities Ltd reaffirmed a buy rating and set a GBX 9,000 ($116.23) price target on shares of Randgold Resources Limited in a research note on Friday, August 4th. Now we look at the Moving Averages, the 200-day is 8.96%, the 50-day is 11.1% and the 20-day is -1.48%. Randgold Resources has a one year low of $63.35 and a one year high of $126.55.

The P/E ratio is 34.36 and the market cap of the company is 10.15B. JP Morgan maintained Randgold Resources Ltd. (ADR) (NASDAQ:GOLD) rating on Thursday, April 7. The company reported $0.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.13 by $0.44. On average, analysts forecast that Randgold Resources will post $3.06 EPS for the current fiscal year.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Sumitomo Mitsui Trust Holdings Inc. acquired a new position in Randgold Resources during the third quarter worth about $4,648,000. Quadrature Capital Ltd controls 23,603 shares with a value of $2,088,000. Sawgrass Asset Ltd Liability Corporation has invested 1.31% in 3M Co (NYSE:MMM). Randgold Resources Ltd. (ADR) (NASDAQ:GOLD) has risen 7.63% since September 8, 2016 and is uptrending. Ameriprise Financial Inc. now owns 5,250 shares of the basic materials company's stock worth $461,000 after purchasing an additional 716 shares in the last quarter. Finally, FMR LLC boosted its position in Randgold Resources Limited by 2.4% during the first quarter. The company has 532.91 Million shares outstanding and 480.29 Million shares were floated in market.

Sibanye Gold Limited American D shares had a trading volume of 4,325K in the last trading session.

Sibanye Gold Limited (Sibanye), launched on December 12, 2002, is a South Africa-based mining company. The Firm operates through the gold mining segment. The Company operates mines, such as Morila, Loulo, Gounkoto, Tongon and Kibali. The Company has various organic projects, including the Kloof and Driefontein below infrastructure projects on the West Rand and the Burnstone project on the South Rand of Gauteng province.

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