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Sibanye Gold (SBGL) Shows Strength: Stock Moves 6.8% Higher

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Sibanye Gold Limited was a big mover last session, as the company saw its shares rise almost 7% on the day. The upside was driven by the surge in the U.S. dollar over the past few days. Also, this led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 39% in the past one-month time frame.

The company has seen no positive or negative estimate revision in the past 30 days. Also, its Zacks Consensus Estimate remained unchanged over the same timeframe. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
 
Sibanye Gold currently carries a Zacks Rank #3 (Hold).

Sibanye Gold Limited Price

 

A better-ranked stock in the Mining – Gold industry is Alamos Gold Inc. (AGI - Free Report) , which holds a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is SBGL going up? Or down? Predict to see what others think: Up or Down

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