Sibanye Gold (NYSE:SBGL) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors on Wednesday.

According to Zacks, “Sibanye Gold Limited is a gold mining company. It operates two gold mines: the Kloof Driefontein Complex (KDC) and the Beatrix gold mines. Sibanye Gold Limited is based in Houghton, South Africa. “

A number of other research firms have also commented on SBGL. BidaskClub raised Sibanye Gold from a “buy” rating to a “strong-buy” rating in a research report on Thursday, August 24th. ValuEngine raised Sibanye Gold from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Deutsche Bank raised Sibanye Gold from a “sell” rating to a “hold” rating in a research report on Friday, October 13th. Finally, Morgan Stanley upgraded Sibanye Gold from an “equal weight” rating to an “overweight” rating in a report on Monday, October 9th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $5.25.

Shares of Sibanye Gold (NYSE SBGL) opened at $5.06 on Wednesday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.83 and a current ratio of 1.03. Sibanye Gold has a 1 year low of $4.36 and a 1 year high of $10.81.

Several large investors have recently bought and sold shares of SBGL. Van ECK Associates Corp grew its holdings in shares of Sibanye Gold by 217.0% during the second quarter. Van ECK Associates Corp now owns 51,562,596 shares of the basic materials company’s stock worth $238,735,000 after buying an additional 35,298,306 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Sibanye Gold by 95.0% during the second quarter. Dimensional Fund Advisors LP now owns 6,002,276 shares of the basic materials company’s stock worth $27,795,000 after buying an additional 2,923,704 shares in the last quarter. Wells Fargo & Company MN grew its holdings in shares of Sibanye Gold by 145.3% during the second quarter. Wells Fargo & Company MN now owns 1,210,607 shares of the basic materials company’s stock worth $5,605,000 after buying an additional 717,013 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Sibanye Gold by 18,003.5% during the third quarter. JPMorgan Chase & Co. now owns 630,365 shares of the basic materials company’s stock worth $2,850,000 after buying an additional 626,883 shares in the last quarter. Finally, Tocqueville Asset Management L.P. grew its holdings in shares of Sibanye Gold by 74.4% during the second quarter. Tocqueville Asset Management L.P. now owns 984,446 shares of the basic materials company’s stock worth $4,558,000 after buying an additional 420,026 shares in the last quarter. Institutional investors and hedge funds own 36.60% of the company’s stock.

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About Sibanye Gold

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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