News coverage about Sibanye Gold (NYSE:SBGL) has trended somewhat positive recently, according to Accern. The research group ranks the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Sibanye Gold earned a daily sentiment score of 0.07 on Accern’s scale. Accern also gave media headlines about the basic materials company an impact score of 45.6733369835065 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Shares of Sibanye Gold (NYSE:SBGL) traded up $0.13 on Wednesday, reaching $5.10. The company had a trading volume of 2,034,398 shares, compared to its average volume of 3,453,829. The company has a quick ratio of 0.83, a current ratio of 1.03 and a debt-to-equity ratio of 0.93. Sibanye Gold has a 52-week low of $4.36 and a 52-week high of $10.81.
A number of brokerages have recently weighed in on SBGL. ValuEngine upgraded Sibanye Gold from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Deutsche Bank upgraded Sibanye Gold from a “sell” rating to a “hold” rating in a report on Friday, October 13th. BidaskClub upgraded Sibanye Gold from a “hold” rating to a “buy” rating in a report on Tuesday, November 7th. Morgan Stanley upgraded Sibanye Gold from an “equal weight” rating to an “overweight” rating in a report on Monday, October 9th. Finally, Zacks Investment Research upgraded Sibanye Gold from a “hold” rating to a “buy” rating and set a $5.25 price target for the company in a report on Friday, October 13th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Sibanye Gold has an average rating of “Buy” and an average target price of $5.25.
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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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