RBC Capital Markets: “Time To “Sector Perform” Sibanye Gold (NYSE:SBGL)”


How RBC Capital Markets Currently Rates Sibanye Gold (NYSE:SBGL)

In a recent research report finalized on 1 December, research analysts at RBC Capital Markets initiated coverage on Sibanye Gold (NYSE:SBGL) shares. The investment house issued a key “Sector Perform” rating for SBGL stock.

The stock closed the day at $5.27 during the previous session. It is down 43.27% since April 28, 2015 and is downtrending. It has underperformed by 41.65% the S&P500.

RBC Capital Markets: “Time To

Sibanye Gold Limited is a producer of gold in South Africa. The company has a market cap of $1.22 billion. The Firm owns and operates four underground and surface gold operations: the Cooke, Driefontein and Kloof activities in the West Witwatersrand region, and the Beatrix operation (Beatrix) in the southern Free State province. It has 11.13 P/E ratio. In addition to its mining activities, the Group owns and manages extraction and processing facilities at the activities where the gold-bearing ore is treated and processed before it is refined.

According to Zacks Investment Research, “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.” Get a free copy of the Zacks research report on Sibanye Gold Ltd (ADR) (SBGL)