Sibanye Gold Limited (SBGL) Shares are Down -0.42%

Sibanye Gold Limited (SBGL) : During the past 4 weeks, traders have been relatively bearish on Sibanye Gold Limited (SBGL), hence the stock is down -12.68% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.59% relative to the S&P 500. The 4-week change in the price of the stock is -13.15% and the stock has fallen -0.42% in the past 1 week.

The stock has recorded a 20-day Moving Average of 2.89% and the 50-Day Moving Average is 16.4%.The 200 Day SMA reached 6.66%


Sibanye Gold Limited (NYSE:SBGL): The stock opened in the green at $14.37 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $14.54 and a low of $14.08 for the day. The stock did not find buyers even at the lows and closed at $14.13 recording a loss of -0.63%. 927,732 shares exchanged hands during the trading day. The stock had closed at $14.13 in the previous days trading.

Sibanye Gold Limited (Sibanye) is a producer of gold in South Africa. The Company owns and operates four underground and surface gold operations: the Cooke, Driefontein and Kloof operations in the West Witwatersrand region, and the Beatrix operation (Beatrix) in the southern Free State province. In addition to its mining activities, the Group owns and manages extraction and processing facilities at the operations where the gold-bearing ore is treated and processed before it is refined. The Companys three segments include Beatrix, Driefontein and Kloof. The Group has a number of organic projects including the West Rand Tailings Retreatment Project (WRTRP) on the Far West Rand and the Burnstone project on the South Rand of Gauteng province, and the Beisa North, Beisa South, Bloemhoek, De Bron-Merriespruit, Hakkies and Robijn projects in the Free State.

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