SSW - Sibanye Stillwater Limited
Sibanye-Stillwater Limited is a leading international precious metals mining company, with a diverse portfolio of Platinum Group Metal (PGM) operations in the United States and Southern Africa, gold operations and projects in South Africa, and copper, gold, and PGM exploration properties in North and South America. The company is the world’s largest primary producer of platinum, the second largest primary producer of palladium, and the third-ranking top tier gold producer, on a gold-equivalent basis. Sibanye-Stillwater is also a prominent producer of rhodium and other PGMs and associated minerals such as chrome. The group is the globally leading recycler and processor of spent PGM catalytic converter materials.
Formed in February 2013 as Sibanye Gold Limited, the company has since pursued a strategy of organic and acquisitive growth, including the acquisition of the Cooke operations from Gold One International in 2013 and the Burnstone project from Wits Gold in 2014. The Kroondal mine and the Platinum Mile retreatment facility, both in the Rustenburg area, South Africa, were also later acquired in 2016. Late that same year, Sibanye made a formal US$2.2 billion offer to acquire the Stillwater Mining Company in the United States which constituted the largest PGM transaction globally in over a decade at the time. The deal was completed in May 2017, following which the company began trading as Sibanye-Stillwater.
|Last Trading Results|
|Day’s Low Price||52.50|
|Day’s High Price||54.67|
|Number of Deals||7,333|
|Growth & Valuation|
|Earnings Per Share||15.61|
|Dividend Per Share||6.13|
SSW Stock Market Performance
The current share price of Sibanye Stillwater Limited (SSW) is ZAR 53.22. SSW closed its last trading day (Thursday, October 21, 2021) at 53.22 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 3.4% drop from its previous closing price of 55.07 ZAR. Sibanye Stillwater began the year with a share price of 60.00 ZAR but has since lost 11.3% off that price valuation, ranking it 377th on the JSE in terms of year-to-date performance. Shareholders’ fears may be allayed by the 7% increase of SSW share price since September 22nd, which is 108th best on JSE.
Sibanye Stillwater is the fourth most traded stock on the Johannesburg Stock Exchange over the past three months (Jul 23 - Oct 21, 2021). SSW has traded a total volume of 951 million shares—in 710,623 deals—valued at ZAR 51.4 billion over the period, with an average of 15.1 million traded shares per session. A volume high of 34.6 million was achieved on September 14th, and a low of 5.88 million on August 30th, for the same period. The table below details the last 10 trading days of activity of Sibanye Stillwater on the Johannesburg Stock Exchange.
Profile of Sibanye-Stillwater Limited
Sibanye-Stillwater Limited was founded on November 7, 2014 and operates in the Basic Materials sector, specifically, the Mining industry. Sibanye-Stillwater contracts an estimated total number of 69,450 employees.
|Factsheet of Sibanye-Stillwater Limited|
Constantia Office Park, Cnr 14th Avenue and Hendrik Potgieter Road, Bridgeview House, Weltevreden Park, 1709, South Africa
SSW Industrial Market Competitors
Sibanye-Stillwater Limited, issuers of the SSW stock on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Basic Materials sector and/or Mining industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
|WEZ||Wesizwe Platinum Ltd||2.93B||1.80||+260%|
|MRF||Merafe Resources Ltd||2.7B||1.08||+157%|
|WSL||Wescoal Holdings Ltd||806M||1.92||+109%|
|GML||Gemfields Group Limited||3.23B||2.76||+104%|
|MDI||Master Drilling Grp Ltd||1.82B||12.00||+60%|
|RBP||Royal Bafokeng Platinum Ltd||26.6B||92.16||+41%|
|JBL||Jubilee Metals Group plc||8.99B||3.70||+39.6%|