Sibanye Gold Limited (SBGL) will probably climb 106.98 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $6.42price as 12-month high target. This represents a whopping 113.29 percent increase from where shares are trading today. The 12-month median price target assigned by the analysts stands at $3.61, which represents a return potential of 19.93 percent when compared to the closing price of the stock of $3.01 on Thursday, January 10. The lowest price target for the stock is $2.25 — slightly more than -25.25 percent from SBGL’s current share price.
The stock is currently hovering around the first support level of $2.93. Below this, the next support is placed in the zone of $2.86. Till the time, the SBGL stock trades above this level, bulls have nothing to fear. On momentum oscillators front, ‘RSI’ has touched 60.56 on daily chart, which may remain a cause for concern. If the price breaks below $2.86 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $3.11 mark may result into a pull-back move towards $3.22 level.
On 10th of January, Sibanye Gold Limited (NYSE:SBGL) shares ended lower after a volatile session. The shares dropped -0.03 points or -0.99 percent at $3.01 with a light trade volume of 3.451 million shares. After opening the session at $3.11, the shares went as high as $3.14 and as low as $2.96, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $1.67 billion and now has 553.65 million shares outstanding. Sibanye Gold Limited (SBGL) stock has gained 10.26 percent of market value in 21 trading days.
SBGL stock has a trailing 3-year beta of -0.29, offering the possibility of a lower rate of return, but also posing less risk. The portion of a company’s profit allocated to each outstanding share of common stock was $0.05 a share in the trailing twelve months. The stock’s value has surged 6.36 percent year to date (YTD) against a decline of -39.1 percent in 12 month’s time. The company’s shares still trade -43.08 percent away from its 1-year high of $5.29 and 49.01 percent up from 52-week low of $2.02. The average consensus rating on the company is 0, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a buy.
Shares of Sibanye Gold Limited (SBGL) are trading at a P/E ratio of 0 times earnings reported for the past 12 months. The industry SBGL operates in has an average P/E of 2.05. Its P/E ratio went as low as 4.97X and as high as 30.4 over the 5-year span. Further, it is sporting a 0.47 on the Price-to-Sales ratio. Compare this with the industry average P/S of 3.74. 7.6 percent is the gross profit margin for Sibanye Gold Limited and operating margin sits at 1.8 percent. Along with this, the net profit margin is 0.9 percent.
Let’s take a look at some insider activity at Sibanye Gold Limited (NYSE:SBGL) and see the pattern.