SBSW Stock Summary and Trading Ideas (Sibanye Stillwater | NYSE:SBSW)

Sibanye Stillwater Ltd is a South African mining and metals processing group with a diverse portfolio of operations, projects, and investments across five continents. The Group is also one of the foremost recyclers of PGM autocatalysts and has interests in mine tailings retreatment operations. It is a producer of platinum, palladium, and rhodium and is a top-tier gold producer. It also produces and refines iridium and ruthenium, nickel, chrome, copper, and cobalt. Its products are Gold, Nickel, Zinc, Chrome, PGMs, and other.

Sibanye Stillwater trades on the NYSE stock market under the symbol SBSW.

As of October 4, 2024, SBSW stock price climbed to $4.67 with 4,581,830 million shares trading.

SBSW has a beta of 1.62, meaning it tends to be more sensitive to market movements. SBSW has a correlation of 0.12 to the broad based SPY ETF.

SBSW has a market cap of $3.30 billion. This is considered a Mid Cap stock.

In the last 3 years, SBSW traded as high as $20.64 and as low as $3.08.

The top ETF exchange traded funds that SBSW belongs to (by Net Assets): AVEM, AVES, DFAX, VRAI, GMET.

SBSW has underperformed the market in the last year with a return of -14.9%, while the SPY ETF gained +36.6%. In the last 3 month period, SBSW fell short of the market, returning +1.1%, while SPY returned +4.2%. However, in the most recent 2 weeks SBSW has outperformed the stock market by returning +12.8%, while SPY returned +0.8%.

SBSW support price is $4.32 and resistance is $4.71 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SBSW shares will trade within this expected range on the day.