What Next for Sibanye Gold Limited (SBGL) Stock After Today’s Huge Decline?

The stock of Sibanye Gold Limited (NYSE:SBGL) is a huge mover today! The stock decreased 3.81% or $0.18 during the last trading session, reaching $4.54. About 8.58M shares traded or 107.61% up from the average. Sibanye Gold Limited (NYSE:SBGL) has risen 97.57% since September 13, 2018 and is uptrending. It has outperformed by 97.57% the S&P500.
The move comes after 8 months negative chart setup for the $3.16B company. It was reported on Sep, 13 by Barchart.com. We have $4.13 PT which if reached, will make NYSE:SBGL worth $283.95M less.

More notable recent Sibanye Gold Limited (NYSE:SBGL) news were published by: Nasdaq.com which released: “Why Sibanye-Stillwater Stock Is Slumping Today – Nasdaq” on April 10, 2019, also Mining.com with their article: “Sibanye-Stillwater in good financial, political position to negotiate wages – report – MINING.com” published on May 05, 2019, Fool.com published: “How to Invest in Gold Mining Stocks – The Motley Fool” on August 24, 2019. More interesting news about Sibanye Gold Limited (NYSE:SBGL) were released by: Finance.Yahoo.com and their article: “Why Sibanye-Stillwater Stock Jumped 67% in the First Half of 2019 – Yahoo Finance” published on July 08, 2019 as well as Seekingalpha.com‘s news article titled: “Platinum miners look to mediators amid mining union dispute – Seeking Alpha” with publication date: September 10, 2019.

Sibanye Gold Limited operates as a precious metals mining firm in South Africa, Zimbabwe, and the United States. The company has market cap of $3.16 billion. The firm operates through Gold and Platinum divisions. It has a 81.07 P/E ratio. It owns and operates gold, uranium, and platinum group metals , including platinum, palladium, and rhodium activities and projects, as well as produces by-products, such as iridium, ruthenium, nickel, copper, and chrome.

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