SBSW Stock Recent News
SBSW LATEST HEADLINES
(Kitco News) - Platinum group metals (PGM) producer Sibanye-Stillwater (NYSE: SBSW) announced today that the company begins repositioning its US PGM operations for lower cost structure to secure operational sustainability.
South Africa-based mining company Sibanye Stillwater (NYSE: SBSW ) just announced that it will eliminate nearly 300 jobs from its U.S. division as it restructures its platinum group metals (PGM) business. Apparently, the unit is encountering problems due to a decline in palladium prices.
Investors should consider selling stocks with negative catalysts and at risk of further decline. Taxable account holders may realize losses to offset this year's capital gains. Avoid Companies with high debt, falling demand, or higher operating losses ahead.
The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.
Market overreaction can be a beautiful thing if you're a long-term investor. I mean, overreaction to short-term events often opens up value gaps in stocks, lending you the opportunity to take advantage of arbitrage opportunities.
(Kitco News) - Sibanye-Stillwater (NYSE: SBSW) announced today that it has concluded a five-year wage agreement at its Kroondal platinum group metals (PGM) operation in South Africa.
(Kitco News) - Sibanye-Stillwater (NYSE: SBSW) reported today that production from its gold operations in South Africa (including DRDGOLD) was 197,663 oz in Q3 2023, down 3% compared to Q3 2022.
Sibanye Stillwater: Weakness Ahead Offers Opportunity
Sibanye Stillwater's stock has fallen over 20% since my last call due to the lack of recovery in automotive demand and falling metal prices. Despite challenges, Sibanye Stillwater maintains a strong balance sheet and has a wide economic moat. The company's focus on platinum group metals recycling and expansion into "green metals" positions it well for long-term growth.
Dividend assets and fixed-income investing generally provide similar functions to a diversified investment portfolio. Although one might argue that fixed-income has the added benefit of diversification, it doesn't help diversifying for the sake of it.