Sibanye Stillwater Ltd (SBSW) stock is higher by 11.92% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.
Sibanye Stillwater Ltd has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SBSW!
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With SBSW Stock Today?
Sibanye Stillwater Ltd (SBSW) stock is trading at $11.27 as of 9:45 AM on Monday, Dec 5, a decline of -$0.07, or -0.62% from the previous closing price of $11.34. The stock has traded between $11.25 and $11.35 so far today. Volume today is light. So far 53,245 shares have traded compared to average volume of 2,826,373 shares.
More About Sibanye Stillwater Ltd
Sibanye Stillwater Ltd is a South Africa-focused mining company. The Group currently owns and operates five underground and surface gold operations in South Africa: the Cooke, DRDGOLD, Driefontein, and Kloof operations in the West Witwatersrand region, and the Beatrix Operation in the southern Free State province. In addition to mining, the company owns and manages extraction and processing facilities at its operations, where gold-bearing ore is treated and beneficiated to produce gold dore. The gold dore is further refined at Rand Refinery into gold bars with a purity of at least 99.5% and is then sold on international markets. Sibanye holds a 44% interest in Rand Refinery, global refiners of gold, and the largest in Africa. Rand Refinery markets gold to customers around the world.
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