Stock FAQs

what did sibayne gold company pay per stillwater mining stock

by Kristy Brakus Published 3 years ago Updated 2 years ago
image

Under the terms of the merger agreement, a US subsidiary of Sibanye has agreed to acquire all of the outstanding shares of Stillwater for $18.00 per share in cash.Dec 9, 2016

Full Answer

Is Sibanye-Stillwater the best mining stock to buy?

For mining-minded investors who are exploring the various opportunities which lie before them, Sibanye-Stillwater ( NYSE:SBSW) certainly warrants consideration.

Who bought out Stillwater Mining Company?

Sibanye to Acquire Stillwater Mining Company for $2.2 Billion. All-cash transaction at $18.00 per share, a 25% premium to Stillwater's 30 day volume-weighted average share price.

Why invest in Sibanye Stillwater Ltd?

Sibanye Stillwater Ltd’s high-value gold, platinum and PGM portfolio places it in a unique position to deliver sustained growth for its shareholders in the long-term. PGMs are unique precious metals used in a wide variety of applications, including automobile catalysts, jewellery, fuel cells, hydrogen purification and electronics.

Is Sibanye-Stillwater the world's largest platinum producer?

The company's position among its peers is also worth noting: Sibanye-Stillwater touts itself as the largest primary producer of platinum, the second-largest primary producer of palladium, and a leading producer of both rhodium and gold.

image

Is Sibanye-Stillwater a good investment?

2.5 Dividend Strength Sibanye Stillwater is a leading dividend payer. It pays a dividend yield of 7.90%, putting its dividend yield in the top 25% of dividend-paying stocks.

Is Sibanye-Stillwater undervalued?

Sibanye-Stillwater May Be The Most Undervalued Mining Company Today.

Is Sibanye-Stillwater publicly traded?

2020. In February 2020, an internal restructuring process was concluded which changed the group holding company from Sibanye Gold Limited to Sibanye Stillwater Limited (Sibanye-Stillwater). Following that restructuring, Sibanye-Stillwater began trading under the tickers JSE: SSW and NYSE: SBSW.

Who are the major shareholders of Sibanye-Stillwater?

Top 10 Owners of Sibanye Stillwater LtdStockholderStakeShares ownedCondire Management LP0.78%5,485,875AQR Capital Management LLC0.58%4,094,025Van Eck Associates Corp.0.49%3,496,875Sprott Asset Management LP0.48%3,357,2226 more rows

Should I buy Sbsw stock?

Sibanye Gold Limited - Sell Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of SBSW, demonstrate its potential to outperform the market. It currently has a Growth Score of A.

Is ssw a good buy?

Based on our forecasts, a long-term increase is expected, the "SSW" stock price prognosis for 2027-06-21 is 10008.70 ZAC. With a 5-year investment, the revenue is expected to be around +137.29%. Your current $100 investment may be up to $237.29 in 2027. Get It Now!

Who owns the Stillwater mine in Montana?

Sibanye-StillwaterStillwater and East Boulder mines were initally operated by Stillwater Mining Company, which was acquired by Sibanye-Stillwater for $2.2bn in May 2017.

What happened sibanye gold?

In February 2020, Sibanye-Stillwater completed an internal restructuring resulting in Sibanye Gold Limited becoming a subsidiary of the new holding and listed company, Sibanye Stillwater Limited. Ticker codes on the JSE changed from SGL to SSW and the ADRs on the NYSE changed from ticker SBGL to SBSW.

Is Sibanye-Stillwater a private company?

In 2020, the group employed 84,775 people, mostly in South Africa. Thus, Sibanye-Stillwater is one of the top four private sector employers in South Africa and the largest industrial employer in the state of Montana. Sibanye-Stillwater's primary listing is on the Johannesburg Stock Exchange (JSE) in South Africa.

Is Sibanye overvalued?

Sibanye stock could face significant inflationary headwinds that could dent its prospects, and it seems overvalued as well. The stock brought much success to investors during 2020 and 2021, but I think the show is about to end soon.

How do I buy Sibanye-Stillwater shares?

How to buy shares in Sibanye StillwaterCompare share trading platforms. Use our comparison table to help you find a platform that fits you.Open your brokerage account. Complete an application with your details.Confirm your payment details. ... Research the stock. ... Purchase now or later. ... Check in on your investment.

Is SBSW an ADR?

The ADRs trade under ticker code SBSW (previously SBGL), following an internal restructuring, as announced on February 24, 2020.

Background of Sibanye Stillwater

Sibanye Stillwater Ltd is South Africa’s largest gold producer and one of the 10 largest gold producers globally. The company is also the third largest producer of palladium and platinum. Following the proposed acquisition of Lonmin, the company will also further increase its production portfolio of palladium and platinum.

Sibanye Gold Stillwater Group Investor Tip

Sibanye Stillwater Ltd trades on the Johannesburg Stock Exchange ( JSE) where investors can buy shares under the stock symbol – SSW.

Sibanye Stillwater Major Shareholders

Public Investment Corporation (SOC) Limited, Exor Investments, Investec Asset Management, Van Eck Associates Corporation

Frequently Asked Questions

The largest gold producer in South Africa and of the ten largest gold producers world-wide.

What metals does Sibanye Stillwater own?

With assets located in South Africa and the United States, Sibanye-Stillwater has significant exposure to both gold and platinum group metals (PGMs), including platinum, palladium, and rhodium.

When did Stillwater suspend dividends?

Suspending the dividend in 2017, the company was trying to get its fiscal house in order after the acquisition of Stillwater. Management, however, didn't seem interested in forsaking the dividend indefinitely.

Is the stock market ripping higher in 2019?

Despite the stock ripping higher in 2019, it still doesn't appear to be too richly valued. Currently, shares are trading at a very reasonable 1.95 times operating cash flow -- a discount to its five-year average multiple of 2.55, according to Morningstar.

Is Sibanye Stillwater a platinum producer?

The company's position among its peers is also worth noting: Sibanye-Stillwater touts itself as the largest primary producer of platinum, the second-largest primary producer of palladium, and a leading producer of both rhodium and gold.

image
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 1 2 3 4 5 6 7 8 9