Sibanye Stillwater (SBSW) to Release Earnings on Friday

Sibanye Stillwater (NYSE:SBSW) is projected to issue its quarterly earnings data before the market opens on Friday, May 16th. Analysts expect the company to announce earnings of ($0.16) per share and revenue of $2.73 billion for the quarter.

Sibanye Stillwater Price Performance

NYSE SBSW opened at $4.60 on Wednesday. The stock has a market cap of $3.26 billion, a price-to-earnings ratio of 8.85 and a beta of 0.59. Sibanye Stillwater has a 52-week low of $3.05 and a 52-week high of $5.91. The business has a 50 day simple moving average of $4.37 and a 200 day simple moving average of $4.04. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.04 and a current ratio of 2.09.

Analysts Set New Price Targets

Separately, Royal Bank of Canada raised Sibanye Stillwater from a “sector perform” rating to an “outperform” rating and raised their price target for the company from $4.70 to $5.30 in a report on Tuesday, March 18th. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $5.05.

Sibanye Stillwater Company Profile

Sibanye Stillwater Limited, together with its subsidiaries, operates as a precious metals mining company in South Africa, the United States, Europe, and Australia. The company produces gold; platinum group metals (PGMs), including palladium, platinum, rhodium, iridium, and ruthenium; chrome; nickel; and silver, cobalt, and copper.