How Does Sibanye Gold (SBGL) Stock Score After Palladium Hits Record Highs?


Palladium hit record highs of $1,600 an ounce due to shortage concerns as Vale SA (VALE), the world’s largest producer of iron ore and nickel, continues to face backlash from a deadly dam collapse in Brazil that killed hundreds back in January.

Shares of Sibanye Gold Ltd (SBGL) stock has risen 8.78% while the S&P 500 has fallen -0.2% as of 3:52 PM on Tuesday, Mar 19. SBGL stock has gained $0.36 from the previous closing price of $4.10 on volume of 10,317,463 shares. Over the past year the S&P 500 has risen 4.22% while SBGL stock has gained 17.68%. SBGL stock lost -$0.31 share in the over the last 12 months.

Stock Score Report, InvestorsObserver’s proprietary scoring system, gives SBGL stock a score of 65 out of a possible 100. That score is based on three component scores. A fundamental score of 20, a long-term technical score of 85 and a short-term technical score of 91.

The average rating from Wall Street analysts for SBGL stock is a Hold. In addition to the average rating from Wall Street analysts, SBGL stock has a mean target price of $6.10. This means analysts expect the stock to add 36.47% over the next 12 months.

Our proprietary system combines short and long-term technical factors, Wall Street’s opinion, and other fundamental factors into an overall score that measures a stock’s suitability for investment.

Meanwhile, the major indices are lower. The NASDAQ is lower by -0.05%. The S&P 500 has fallen -0.2%. The Dow Jones Industrial Average has fallen -0.25%.

Get more analysis and trade ideas on Sibanye Gold Ltd (SBGL) stock.

Symbols: SBGL VALE

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