Sibanye Gold Limited (NYSE:SBGL) was the recipient of a significant growth in short interest in September. As of September 29th, there was short interest totalling 12,475,343 shares, a growth of 32.2% from the September 15th total of 9,433,993 shares. Based on an average daily volume of 3,564,774 shares, the short-interest ratio is presently 3.5 days.

Sibanye Gold Limited (SBGL) opened at 4.78 on Friday. Sibanye Gold Limited has a 12-month low of $4.27 and a 12-month high of $12.38. The firm’s 50-day moving average is $5.16 and its 200 day moving average is $6.02. The firm’s market cap is $2.59 billion.

Several research firms have commented on SBGL. BidaskClub cut shares of Sibanye Gold Limited from a “hold” rating to a “sell” rating in a report on Thursday, July 6th. ValuEngine upgraded shares of Sibanye Gold Limited from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Morgan Stanley upgraded shares of Sibanye Gold Limited from an “equal weight” rating to an “overweight” rating in a report on Monday, October 9th. Zacks Investment Research upgraded shares of Sibanye Gold Limited from a “hold” rating to a “buy” rating and set a $5.25 price target for the company in a report on Friday. Finally, Deutsche Bank AG upgraded shares of Sibanye Gold Limited from a “sell” rating to a “hold” rating in a report on Friday. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $5.25.

Large investors have recently modified their holdings of the business. Comerica Bank grew its position in Sibanye Gold Limited by 3.0% in the first quarter. Comerica Bank now owns 13,467 shares of the basic materials company’s stock valued at $108,000 after acquiring an additional 398 shares in the last quarter. Freestone Capital Holdings LLC grew its position in Sibanye Gold Limited by 30.1% in the second quarter. Freestone Capital Holdings LLC now owns 487,714 shares of the basic materials company’s stock valued at $2,258,000 after acquiring an additional 112,917 shares in the last quarter. Thomas White International Ltd. grew its position in Sibanye Gold Limited by 21.9% in the second quarter. Thomas White International Ltd. now owns 750,862 shares of the basic materials company’s stock valued at $3,476,000 after acquiring an additional 135,113 shares in the last quarter. Ronald Blue & Co. LLC acquired a new stake in Sibanye Gold Limited in the second quarter valued at approximately $106,000. Finally, Van ECK Associates Corp grew its position in Sibanye Gold Limited by 217.0% in the second quarter. Van ECK Associates Corp now owns 51,562,596 shares of the basic materials company’s stock valued at $238,735,000 after acquiring an additional 35,298,306 shares in the last quarter. 35.75% of the stock is owned by institutional investors.

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About Sibanye Gold Limited

Sibanye Gold Limited is an independent, global precious metal mining company. The Company is engaged in producing a mix of metals that includes gold and the platinum group metals (PGMs). Its projects are grouped by two regions: the Southern Africa region and the Americas region. Its products include gold, platinum group metals and by-products.

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