Sibanye Stillwater Limited maintains deep value attributes, driven by favorable macroeconomic factors like lower global interest rates and improved industrial production in most G20 nations. Despite palladium's EV-driven headwinds, we see a strong cyclical recovery in PGM prices emerging. Despite recent operational challenges, including a cyber-attack, Sibanye's production and cost management l...
JOHANNESBURG and LONDON and WASHINGTON , Nov. 21, 2024 /PRNewswire/ -- C5 Capital, a specialist global investment firm and Sibanye-Stillwater, a multinational mining and metals processing group (JSE: SSW and NYSE: SBSW), have entered into a strategic partnership to participate in future development of advanced nuclear energy opportunities in South Africa, the United States and globally. The par...
Sibanye Stillwater's 1H24 results show increased PGM production but lower prices and higher costs, leading to a 53% drop in adjusted EBITDA. Sibanye has improved its debt profile with new credit facilities and a gold prepayment deal, ensuring financial stability amid market challenges. The political shift in South Africa and ongoing PGM demand support a positive outlook, making SBSW a speculati...
I reiterate my “Buy” rating for Sibanye Stillwater stock despite recent underperformance, expecting a reversal driven by cost-cutting measures and potential higher PGM prices. Sibanye's financials show mixed results, with increased PGM production but lower selling prices, leading to a 54% YoY drop in EBITDA and a negative bottom line. Strategic initiatives, including debt covenant uplift, refin...
Sibanye Stillwater Limited (NYSE:SBSW ) Q2 2024 Earnings Call Transcript September 12, 2024 8:00 AM ET Company Participants Neal Froneman - CEO Richard Stewart - Chief Regional Officer, Southern Africa Mika Seitovirta - Chief Regional Officer, Europe Charl Keyter - CFO Robert Van Niekerk - Chief Technical and Innovation Officer Charles Carter - Chief Regional Officer, Americas Grant Stuart - He...
Sibanye Stillwater has secured a refinancing package, enhancing its interim liquidity. Operational challenges persist, with the firm's U.S. PGM operations at risk. However, I think investors have already priced this in. South Africa's load-shedding has abated, and a regional interest rate pivot is likely. This could lead to higher asset valuations.
Sibanye Stillwater underperformed the market in the past 3 years, but recent corporate events suggest a potential turnaround. Read on. Despite challenges in the mining industry, Sibanye's cost-cutting efforts and focus on the green metals market show promise for growth. Sibanye's recent gold prepayment deal and potential recovery in PGM prices indicate a positive outlook for the stock in the me...
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