OakChart

Sibanye Stillwater Limited ADR

SBSWBasic Materials·Other Precious Metals & Mining·South Africa·Mid·NYSE·Nov 11 • 3:59 PM ET

9.20-0.16 (-1.71%)
2026-11-12 04:08 CET
Market cap
6,510.32 USD m
Revenue, TTM
9,793.21 USD m
Net income, TTM
990.31 USD m
Free cash flow, TTM
845.25 USD m
EPS diluted, TTM
1.22
P/E
7.56
Compare

Price

SBSW against its 20, 50 and 200-day averages
2050200earnings
8.0010.0012.0014.004.8M9.7MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26SBSWclose 9.2020-day 9.4050-day 10.40200-day 11.689.2052w low

56.8% under the 52-week high of 21.29 on 29 Jan 2026. 52-week low 7.87 on 17 Jul 2026. Last 15 sessions, 18.7% high to low

Volume 0.70× normal · the line is the 50-bar volume average

Profile

SBSW
52-week range, 10% of the way up
7.8721.29

Sibanye Stillwater Ltd. is a multinational mining and metals processing group with a diverse portfolio of operations, projects and investments across five continents. It is one of the global recyclers of PGM autocatalysts and has interests in mine tailings retreatment operations. The firm mainly engages in the acquisition and exploration of platinum group materials including palladium, rhodium and producing of gold. It also produces and refines iridium, ruthenium, nickel, chrome, copper and cobalt. The company has diversified its asset portfolio into battery metals mining and processing. Sibanye Stillwater was founded on February 1, 2013 and is headquartered in Weltevreden Park, South Africa.

Employees72423
IPOFeb 11, 2013
Beta0.65
ATR, 14d0.46
Rel volume0.70
Short float1.48%
Insider own0.00%
Inst own19.59%

Snapshot

6 groups

Valuation

Index-
Market Cap6.51B
Enterprise Value7.75B
Income990.31M
Sales9.79B
Book/sh4.63
Cash/sh1.93
Dividend Est.0.86 (9.38%)
Dividend TTM0.80 (8.74%)
Dividend Ex-DateSep 18, 2026
Dividend Gr. 3/5Y-18.39% -20.56%
Payout-
Employees72423
IPOFeb 11, 2013

Ratios

P/E7.56
Forward P/E4.41
PEG-
P/S0.66
P/B1.99
P/C4.76
P/FCF7.70
EV/EBITDA2.47
EV/Sales0.79
Quick Ratio1.37
Current Ratio2.72
Debt/Eq0.70
LT Debt/Eq0.69
Option/ShortYes / Yes

Earnings

EPS (ttm)1.22
EPS next Y2.08
EPS next Q-
EPS this Y594.20%
EPS next Y-7.55%
EPS next 5Y-
EPS past 3/5Y- -
Sales past 3/5Y-4.94% -1.28%
EPS Y/Y TTM612.64%
Sales Y/Y TTM59.20%
EPS Q/Q587.61%
Sales Q/Q84.06%
EarningsSep 01 BMO
EPS/Sales Surpr.5.90% 7.07%

Ownership

Insider Own0.00%
Insider Trans-
Inst Own19.59%
Inst Trans13.15%
ROA11.08%
ROE35.70%
ROIC17.91%
Gross Margin29.29%
Oper. Margin25.79%
Profit Margin10.11%
SMA20-2.11%
SMA50-11.53%
SMA200-21.20%
Trades-

Technical

Shs Outstand707.64M
Shs Float707.64M
Short Float1.48%
Short Ratio2.01
Short Interest10.51M
52W High21.29 -56.79%
52W Low7.87 16.90%
Volatility4.32% 3.62%
ATR (14)0.46
RSI (14)43.95
Beta0.65
Rel Volume0.70
Avg Volume5.24M
Volume3,674,957

Performance

Perf Week-1.92%
Perf Month-7.16%
Perf Quarter-12.21%
Perf Half Y-32.40%
Perf YTD-35.44%
Perf Year-20.07%
Perf 3Y94.50%
Perf 5Y-38.21%
Perf 10Y54.79%
Recom2.09
Target Price13.84
Prev Close9.36
Price9.20
Change %-1.71%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Aug 13, 2026UpgradeCCitigroupNeutral → Buy$13.50+46.7%
Jan 23, 2026UpgradeHHSBC SecuritiesHold → Buy$24.80+169.6%
Mar 18, 2025UpgradeRRBC Capital MktsSector Perform → Outperform
Nov 04, 2024DowngradeHHSBC SecuritiesBuy → Hold
Oct 18, 2024DowngradeIInvestecBuy → Hold
Mar 13, 2024DowngradeJJefferiesBuy → Sell
Dec 05, 2023DowngradeBBMO Capital MarketsOutperform → Market Perform
Oct 18, 2023DowngradeRRBC Capital MktsOutperform → Sector Perform$9 → $6.50-29.3%
Oct 18, 2023DowngradeBBofA SecuritiesNeutral → Underperform
Oct 03, 2023DowngradeMMorgan StanleyEqual-Weight → Underweight

Peers

Mkt cap
TickerCompanyMkt cap
HMYHarmony Gold Mining Co Ltd ADR10.08B
PLGPlatinum Group Metals Ltd136.99M
GFIGold Fields Ltd ADR33.30B
HLHecla Mining Co9.49B
BVNCompania de Minas Buenaventura SA ADR6.62B
AUAngloGold Ashanti Plc46.46B
CDECoeur Mining Inc15.36B
PAASPan American Silver Corp16.28B
BBarrick Mining Corp64.29B
NEMNewmont Corp123.11B

Insider trading

8 filings
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Menell Richard PeterDirectorJun 30 '26Buy2.1915,00032,85025,125Jul 01 06:16 AM
Keyter CharlChief Financial OfficerJun 26 '26Buy2.24200,000448,0002,200,000Jun 30 07:52 AM
Nkosi Themba GeorgeChief People & Culture OfficerMar 31 '26Buy2.9111,86534,527242,248Apr 01 01:27 PM
Carter Charles EdwardChief Regional Officer: Amer.Mar 30 '26Buy11.4010,000114,000180,000Mar 31 08:24 AM
Keyter CharlChief Financial OfficerMar 23 '26Buy2.7035,00094,5002,000,000Mar 25 12:40 PM
Menell Richard PeterDirectorMar 24 '26Buy11.432,50028,5752,500Mar 25 10:02 AM
Keyter CharlChief Financial OfficerMar 20 '26Buy11.63148,8191,730,7651,965,000Mar 20 01:41 PM
Maphai Thabane VincentDirectorMar 16 '26Buy13.3412,000160,080140,178Mar 19 12:45 PM

Held by

AUM
TickerCompanyAUM
AVEMAvantis Emerging Markets Equity ETFAUM: 26.77B
AVESAvantis Emerging Markets Value ETFAUM: 1.47B
DFAXDimensional World ex U.S. Core Equity 2 ETFAUM: 12.02B
FTHIFirst Trust BuyWrite Income ETFAUM: 2.54B
DFEMDimensional Emerging Markets Core Equity 2 ETFAUM: 8.86B
BFLXiShares Flexible Equity Active ETFAUM: 2.15B
DFAEDimensional Emerging Core Equity Market ETFAUM: 9.14B
LENSSarmaya Thematic ETFAUM: 64.30M
AVXCAvantis Emerging Markets ex-China Equity ETFAUM: 426.31M
DEHPDimensional Emerging Markets High Profitability ETFAUM: 408.16M

News

latest 14 of 190

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026S12026-09-011.3361.2621.2005,5875,2183
2025S22026-02-20-0.1400.550-0.1294,6693,8731
2025S12025-08-280.4300.130-0.2763,0953,0482
2024S22025-02-210.120-0.1630.0033,1772,7271
2024S12024-09-120.010-0.110-0.5642,9492,5361
2024Q12024-05-100.0000.000---1
2023S22024-03-05-0.312-0.080-3.4162,8532,6001
2023S12023-08-290.4500.2000.5753,326-1
2022S22023-02-280.680-0.521--1
2022S12022-11-131.028-1.1024,149-3
2021S22022-05-171.120-0.7795,269-1
2021S12021-11-232.320-2.294--1
2020S22021-05-081.760-1.730---
2020S12020-11-100.840-0.7643,301--
2019S12019-08-290.2160.216-0.0321,4551,5371
2026S2--0.841--5,1632

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY-0.0900.4560.0074,2514,898
2020FY2.8562.5462.5648,5868,155
2021FY3.0913.7503.05411,08210,805
2022FY1.4382.0021.5877,7798,313
2023FY0.1350.522-2.8916,1195,965
2024FY0.1380.060-0.5636,1235,853
2025FY-0.4561.199-0.4028,0837,680
2026FY-2.255--10,046
2027FY-2.085--10,815
2028FY-2.331--10,892
2029FY-2.874--11,459
2030FY-2.214--9,907

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026S2S2026-10-181005,1635,1635,163
2026S2S2026-10-072004,8424,5225,163
2026S2S2026-09-231004,5224,5224,522
2026S2S2026-09-011014,5224,5224,522
2026S2S2026-07-101014,5224,5224,522
2026S2S2026-07-081004,8874,8874,887
2026S2S2026-04-241104,8874,8874,887
2026S2S2026-04-151003,9513,9513,951
2026S2S2026-02-201103,9513,9513,951
2026S2S2026-01-301103,9513,9513,951
2026S2S2025-11-291003,6543,6543,654
2026S2S2025-11-111103,6543,6543,654
2026S2S2025-11-101103,6543,6543,654
2026S2S2025-11-091103,6543,6543,654

Estimate history

EPS, annual-0.662-0.3330.0072.5643.0541.587-2.891-0.563-0.409
Period201720182019202020212022202320242025
EPS, quarterly
Period
Sales, annual3450.3313822.4955047.067737.34511642.2888445.1526157.0956116.5387254.928
Period201720182019202020212022202320242025
Sales, quarterly
Period
Shares, annual563.868566.565667.507730.893702.102707.593707.642707.642707.642
Period201720182019202020212022202320242025
Shares, quarterly
Period

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue9,793.217,254.936,116.546,157.098,445.1511,642.297,737.345,047.063,822.49
Cost of Goods Sold Incl. D&A6,924.835,527.145,793.665,454.376,244.157,431.925,105.054,421.953,661.87
Gross Profit2,868.381,727.78322.88702.722,201.004,210.372,632.30625.11160.62
Selling, General and Administrative Excl. Other393.42288.57170.63137.84169.89179.91190.85185.0499.21
Other Operating Expense-50.3537.823.16127.87-6.6650.100.320.890.00
Operating Income2,525.321,401.39149.08437.012,037.763,980.352,441.13439.1761.41
Interest Expense147.63155.31164.0898.5783.6080.86108.51139.48166.14
Unusual Expense688.621,248.55232.712,548.49305.41806.40288.05542.72142.06
Net Income Before Taxes1,562.48-41.85-241.43-2,094.471,625.483,080.922,051.67-139.88-134.40
Income Taxes608.71242.1381.61-130.85544.98930.40295.07-119.9481.78
Consolidated Net Income1,098.01-265.13-311.48-2,027.201,159.102,285.001,859.8429.95-190.21
Net Income From Continuing Operations990.31-289.30-398.04-2,045.721,123.432,234.831,780.304.30-188.62
Net Income990.31-289.30-398.04-2,045.721,123.432,234.831,780.304.30-188.62
EPS (Recurring)1.830.83-0.33-0.371.893.832.850.60-0.16
EPS (Basic, Before Extraordinaries)1.40-0.41-0.56-2.891.593.082.610.01-0.33
EPS (Diluted)1.22-0.41-0.56-2.891.593.052.560.01-0.33
EBITDA3,136.921,980.49682.351,020.322,507.874,582.642,943.80978.50590.57
Non-Operating Income (Expense)-126.59-39.396.27115.58-23.27-12.177.11103.14112.39
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense57.6886.3410.004.419.5918.6422.4118.1016.27
Price To Earnings Ratio6.576.57-6.997.995.718.6235,038.58-
Price To Sales Ratio0.701.390.380.620.890.791.431.270.42
Gross Margin29.2923.825.2811.4126.0636.1634.0212.394.20
Operating Margin25.7919.322.447.1024.1334.1931.558.701.61
Net Margin10.11-3.99-6.51-33.2313.3019.2023.010.09-4.93
Shares Outstanding707.64707.64707.64707.64707.59702.10730.89667.51566.57
Market Capitalization6,510.326,510.323,295.995,423.4010,646.2712,426.6816,400.129,355.412,263.05

Income statement, quarterly

Currency USD, millions
Metric2026S12025S22025S12024S22024S12023S22023S12022S2
Total Revenue5,482.464,310.752,978.603,172.782,947.092,840.773,322.343,922.05
Cost of Goods Sold Incl. D&A3,713.493,211.342,337.812,979.992,813.842,700.062,744.902,984.98
Gross Profit1,768.971,099.41640.78192.79133.25140.71577.44937.07
Selling, General and Administrative Excl. Other125.89267.53123.68171.95100.79223.7798.02115.34
Other Operating Expense-19.62-30.73-34.64-61.87-77.620.05-21.1220.73
Operating Income1,662.71862.61551.7582.71110.08-83.11500.53801.00
Interest Expense71.9075.7379.4083.7780.3549.5249.2061.74
Unusual Expense16.03672.59582.86-94.53368.952,536.29-25.01245.17
Net Income Before Taxes1,491.0671.41-108.1885.61-325.60-2,620.58566.47543.93
Income Taxes445.11163.6080.7617.8962.73-279.18153.81190.36
Consolidated Net Income1,145.94-47.94-212.4371.96-381.07-2,418.26427.09383.43
Net Income From Continuing Operations1,081.23-90.92-195.302.12-398.90-2,417.13407.17368.47
Net Income1,081.23-90.92-195.302.12-398.90-2,417.13407.17368.47
EPS (Recurring)1.360.540.30-0.09-0.20-0.910.550.76
EPS (Basic, Before Extraordinaries)1.53-0.13-0.280.00-0.56-3.420.580.52
EPS (Diluted)1.35-0.13-0.280.00-0.56-3.420.580.52
EBITDA1,949.761,187.17807.97368.58358.16219.97780.451,041.95
Non-Operating Income (Expense)-83.72-42.872.34-7.8613.6148.3590.1249.84
Stock Option Compensation Expense-5.2962.9724.084.645.272.701.704.41
Price To Earnings Ratio6.57----6.998.047.99
Price To Sales Ratio0.701.380.830.380.530.620.610.89
Gross Margin32.2725.5021.516.084.524.9517.3823.89
Operating Margin30.3320.0118.522.613.74-2.9315.0720.42
Net Margin19.72-2.11-6.560.07-13.54-85.0912.269.39
Shares Outstanding707.64707.64707.64707.64707.64707.64707.64707.59
Market Capitalization6,510.3210,083.917,211.223,295.994,344.715,423.406,232.4110,646.27

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments1,036.69850.501,397.681,532.531,897.991,377.91401.83177.21166.59
Short Term Receivables688.29315.21474.64462.59554.14454.88328.84490.41498.43
Inventories1,899.821,353.951,441.591,550.631,571.431,698.741,108.69368.08284.85
Other Current Assets41.6445.7366.6625.4538.5325.1131.6720.6419.79
Total Current Assets3,666.452,565.393,380.563,571.204,062.093,556.641,871.041,056.33969.67
Net Property, Plant & Equipment3,913.823,553.903,384.724,536.473,929.574,145.734,136.383,757.664,003.00
Total Investments and Advances1,094.63928.51888.801,005.991,012.72776.24660.76548.39463.37
Long-Term Note Receivable116.3526.0228.6046.9040.7955.9148.8821.8622.94
Intangible Assets119.07114.1527.45489.10484.15487.80490.21478.94516.64
Deferred Tax Assets126.31129.89106.19143.5256.77107.3220.665.3516.66
Other Assets0.000.000.000.000.000.000.0035.06152.46
Total Assets9,036.637,317.867,816.329,793.189,586.099,129.657,227.935,903.586,144.73
Short Term Debt Incl. Current Port. of LT Debt698.1338.53649.0813.6913.2267.3410.61430.18133.89
Accounts Payable205.55211.08233.93243.73229.95294.45229.41152.94139.59
Income Tax Payable36.3317.4437.135.4711.8453.6332.176.122.82
Other Current Liabilities1,121.42843.241,070.68925.421,032.02775.09752.37427.97405.27
Total Current Liabilities2,061.441,110.281,990.811,188.301,287.031,190.511,024.551,017.21681.57
Long Term Debt1,951.482,190.671,385.101,340.821,276.191,206.381,714.211,273.311,937.96
Provision for Risks Charges864.70649.50705.67548.52581.45658.43704.27518.87471.93
Deferred Tax Liabilities390.46252.09228.35550.10489.85519.51476.05705.82688.63
Other Liabilities1,103.08556.28684.40816.99854.76740.521,082.06669.61426.18
Total Liabilities6,371.154,758.824,994.344,444.734,489.294,315.355,001.144,184.824,206.27
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity2,385.402,330.632,664.665,177.845,008.584,662.092,121.831,653.691,936.87
Total Shareholders Equity2,385.402,330.632,664.665,177.845,008.584,662.092,121.831,653.691,936.87
Accumulated Minority Interest280.08228.40157.32170.6188.22152.20104.9665.071.60
Total Equity2,665.482,559.042,821.985,348.465,096.804,814.302,226.791,718.761,938.47
Total Liabilities & Stockholders Equity9,036.637,317.867,816.329,793.189,586.099,129.657,227.935,903.586,144.73
Book Value Per Share3.373.293.777.327.136.383.182.923.43
Tangible Book Value Per Share3.203.133.736.636.445.712.442.072.52
Full-Time Employees72,42372,42382,78884,48184,98184,77584,52164,90666,472
Price to Book Ratio1.991.391.062.002.483.524.411.372.09
Return on Assets-3.54-5.26-23.2311.5923.8821.770.07-3.13-7.25
Return on Equity-12.27-15.94-52.1722.0646.2252.490.23-10.51-21.13
Return on Invested Capital-6.67-8.80-50.5117.2335.5630.340.11-6.44-8.61
Quick Ratio0.861.090.971.701.941.560.740.681.00
Current Ratio1.782.311.703.013.162.991.831.041.42

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income--265.13-311.48-2,027.201,159.102,285.001,859.8429.95-190.21
Depreciation-579.10533.27542.25432.80560.70461.13499.28529.17
Other Funds (Non Cash)863.73689.93-16.862,389.74-32.67484.3053.00430.50597.08
Funds from Operations1,296.591,110.75209.20601.821,537.363,312.762,342.63711.851,010.63
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital704.60127.17373.8394.7823.57165.99-573.05-43.30-80.74
Cash from Operating Activities2,001.191,237.92583.02696.601,560.933,478.751,769.58668.55929.88
Capital Expenditures-1,155.94-1,136.10-1,176.57-1,213.77-970.94-861.37-584.02-533.31-534.30
Net Assets From Acquisitions-111.88-113.85-162.67-54.65-289.35-8.650.00-8.930.00
Sale of Fixed Assets and Businesses26.2226.917.0493.9716.067.106.15214.9146.85
Purchase or Sale of Investments-36.48-16.45-15.93-46.14-52.76-152.06-0.732.12-0.14
Purchase of Investments-71.38-61.48-42.17-57.08-52.76-152.06-0.730.00-0.23
Sale Or Maturity of Investments34.8945.0426.2410.940.000.000.002.120.09
Other Uses-0.150.00-1.42-10.02-5.86-48.27-49.79-42.61-113.92
Other Sources-1.070.000.0017.442.020.687.3923.457.76
Cash from Investing Activities-1,279.31-1,239.49-1,349.55-1,213.18-1,300.84-1,062.58-621.00-344.37-593.77
Cash Dividends Paid0.000.000.00-288.02-577.29-1,228.91-103.15-5.88-0.05
Change in Capital Stock0.000.000.000.000.00-574.90-5.11116.850.00
Repurchase of Common Pref Stock0.000.000.000.000.00-574.90-5.110.000.00
Sale of Common Pref Stock0.000.000.000.000.000.000.00116.850.00
Proceedsfrom Stock Options0.000.000.000.000.000.000.00116.850.00
Issuance or Reduction of Debt, Net-204.75169.46269.64709.93-0.1826.98-124.26-209.47-309.48
Change in Long Term Debt0.000.000.000.000.000.000.00--
Issuance of Long Term Debt0.000.000.000.000.000.000.00--
Reduction of Long Term Debt0.000.000.000.000.000.000.00--
Net Financing Active Other Cash Flow-249.52-16.90-9.440.000.000.000.000.000.00
Other Financing Activities Uses-249.52-16.90-9.440.000.000.000.000.000.00
Cash from Financing Activities-551.90139.81248.85410.04-585.47-1,784.40-239.43-107.61-309.53
Exchange Rate Effect-54.67-75.08-1.1578.5967.9147.87-21.13-4.1010.13
Net Change in Cash115.3163.16-518.82-27.95-257.47679.63888.01212.4636.73
Free Cash Flow845.25101.82-593.55-517.17589.992,617.371,185.56135.24395.58
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow8.0799.03--593.916.6110.2049.494.05
Deferred Taxes & Investment Tax Credit-106.864.25-302.97-21.86-17.24-31.35-247.8874.59

Balance sheet, quarterly

Currency USD, millions
Metric2026S12025S22025S12024S22024S12023S2
Cash & Short Term Investments1,368.761,036.691,182.36850.50852.141,397.68
Short Term Receivables572.85688.29603.33315.21553.29474.64
Inventories1,942.101,899.821,594.431,353.951,416.541,441.59
Other Current Assets17.3341.6417.1645.73-66.66
Total Current Assets3,901.043,666.453,397.282,565.392,821.963,380.56
Net Property, Plant & Equipment4,171.513,913.823,528.113,553.903,387.953,384.72
Total Investments and Advances1,204.511,094.63928.63928.51925.96888.80
Intangible Assets113.42119.07112.20109.06108.0527.45
Deferred Tax Assets51.13126.31125.20129.89108.27106.19
Other Assets0.000.000.000.000.000.00
Total Assets9,727.469,036.638,142.317,312.777,388.397,816.32
Short Term Debt Incl. Current Port. of LT Debt25.26698.1325.8838.53267.96649.08
Accounts Payable1,114.091,011.23875.40826.92843.32233.93
Income Tax Payable85.7836.3318.4017.4427.0037.13
Other Current Liabilities209.21315.75256.26222.31214.351,070.68
Total Current Liabilities1,434.352,061.441,175.941,105.191,352.631,990.81
Long Term Debt2,253.021,951.482,385.762,190.671,801.041,385.10
Deferred Tax Liabilities456.01390.46320.52252.09267.69228.35
Other Liabilities1,077.971,103.081,063.85556.28700.22684.40
Total Liabilities6,117.086,371.155,646.994,753.744,839.594,994.34
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity3,276.082,385.402,271.762,330.632,377.002,664.66
Total Shareholders Equity3,276.082,385.402,271.762,330.632,377.002,664.66
Accumulated Minority Interest334.29280.08223.56228.40171.80157.32
Total Equity3,610.372,665.482,495.322,559.042,548.802,821.98
Total Liabilities & Stockholders Equity9,727.469,036.638,142.317,312.777,388.397,816.32
Book Value Per Share4.633.373.213.293.363.77
Tangible Book Value Per Share4.473.203.053.143.213.73
Price to Book Ratio1.994.443.091.391.631.06
Return on Assets11.08-3.50-2.49-5.25-33.25-22.83
Return on Equity35.70-12.14-8.31-15.89-74.98-51.26
Return on Invested Capital19.56-2.10-4.190.05-9.55-59.69
Quick Ratio1.370.861.531.101.040.97
Current Ratio2.721.782.892.322.091.70

Cash flow, quarterly

Currency USD, millions
Metric2026S12025S22025S12024S22024S12023S2
Other Funds (Non Cash)864.26-0.53710.18-107.8790.651,929.09
Funds from Operations864.26432.33710.18123.1090.65163.53
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital602.19102.4128.39257.36124.6040.77
Cash from Operating Activities1,466.44534.74738.57380.46215.25204.31
Capital Expenditures-506.10-649.84-518.74-607.08-595.09-603.22
Net Assets From Acquisitions0.00-111.88-5.22-3.49-162.721.38
Sale of Fixed Assets and Businesses3.6622.575.115.112.0815.78
Purchase or Sale of Investments-14.56-21.925.00-13.93-2.35-22.64
Purchase of Investments-30.65-40.73-22.52-33.79-9.29-33.44
Sale Or Maturity of Investments16.0918.8027.5219.876.9410.80
Other Uses-0.370.22-0.222.02-3.47-6.77
Other Sources0.12-1.201.20-0.050.050.33
Cash from Investing Activities-517.25-762.06-512.87-617.42-761.49-615.14
Cash Dividends Paid0.000.000.000.000.00-95.01
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock0.000.000.000.000.000.00
Repurchase of Common Pref Stock0.000.000.000.000.000.00
Sale of Common Pref Stock0.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-379.0689.6884.63247.1628.35701.49
Change in Long Term Debt0.000.000.000.000.000.00
Issuance of Long Term Debt0.000.000.000.000.000.00
Reduction of Long Term Debt0.000.000.000.000.000.00
Net Financing Active Other Cash Flow-239.16-10.36-7.02-5.05-4.594.72
Other Financing Activities Uses-239.16-10.36-7.02-5.05-4.594.72
Cash from Financing Activities-623.7071.8072.01236.7017.56605.07
Exchange Rate Effect-5.24-49.43-27.794.01-5.18-6.98
Net Change in Cash320.26-204.95269.923.75-533.86187.26
Free Cash Flow960.35-115.10219.83-226.63-379.84-398.91
Price to Free Cash Flow8.0796.28----

Revenue breakdown

E-Scrap Recycling Activities2024: 344.62M 2025: 735.68M
Gold Mining Activities2024: 1.32B 2025: 1.57B
Gold Tailings Retreatment2024: 386.26M 2025: 511.54M
Nickel Mining Activities2024: 152.14M 2025: 29.03M
Pgm Mining Activities2024: 3.26B 2025: 3.67B
Recycling Activities2024: 413.92M 2025: 404.46M
Stream2024: 31.75M 2025: 72.79M
Zinc Mining Activities2024: 230.62M 2025: 266.89M
Australia2024: 217.67M 2025: 261.79M
Consolidation, Policy2024: 1.97M 2025: -38.78M
Europe2024: 152.14M 2025: 29.03M
North America2024: 1.26B 2025: 1.52B
South Africa Region2024: 4.50B 2025: 5.49B
Beatrix2024: 291.23M 2025: 351.79M
Century2024: 217.67M 2025: 261.79M
Columbus2024: 413.92M 2025: 407.21M
Consolidation, Policy2024: -51.21M 2025: -40.85M
Drd Gold2024: 386.26M 2025: 511.54M
Driefontein2024: 538.19M 2025: 706.60M
Kloof2024: 369.92M 2025: 306.29M
Kroondal2024: 283.19M
Marikana Operations2024: 1.38B 2025: 1.59B
Mimosa2024: 169.63M 2025: 202.45M
Pennsylvania Site And North Carolina Site2024: 344.62M 2025: 735.68M
Platinum Mile2024: 68.26M 2025: 69.99M
Rustenburg Operations2024: 1.07B 2025: 1.75B
Sandouville2024: 152.14M 2025: 29.03M
Underground2024: 503.16M 2025: 376.44M

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-301.48%10.5M707.6M5.25M
2026-10-151.35%9.5M707.6M5.14M
2026-09-301.17%8.3M707.6M5.32M
2026-09-151.18%8.3M707.6M5.30M
2026-08-311.23%8.7M707.6M5.34M
2026-08-141.38%9.8M707.6M5.20M
2026-07-311.63%11.5M707.6M5.12M
2026-07-151.57%11.1M707.6M5.15M
2026-06-301.58%11.2M707.6M5.09M
2026-06-151.53%10.8M707.6M5.38M
2026-05-291.41%10.0M707.6M5.57M
2026-05-151.34%9.5M707.6M5.78M
2026-04-301.44%10.1M706.2M6.30M
2026-04-151.61%11.4M706.2M7.36M
2026-03-311.81%12.8M707.6M7.76M
2026-03-132.05%14.5M707.6M7.51M
2026-02-271.99%14.1M707.6M7.18M
2026-02-131.87%13.2M707.6M7.04M
2026-01-302.10%14.8M706.2M6.69M
2026-01-152.54%17.9M706.2M6.39M

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call4.004.206.405.808.78966.000.000.941-0.0380.002
call5.003.205.400.006.9530.000.000.923-0.0360.002
call6.002.603.903.254.16124.0012.000.899-0.0340.002
call7.001.203.302.394.12310.000.000.864-0.0300.003
call8.001.201.501.221.4401814.000.801-0.0250.004
call9.000.400.700.501.06829351.000.590-0.0240.006
call10.000.100.150.110.7441,11723.000.257-0.0200.005
call11.000.000.250.061.1561,8219.000.181-0.0240.004
call12.000.000.050.011.1227,3271.000.074-0.0130.002
call13.000.000.100.021.3681352.000.064-0.0140.002
call14.000.000.100.061.55671.000.000.057-0.0140.002
call15.000.000.450.051.7822750.000.052-0.0150.002
call16.000.000.200.101.9612.000.000.048-0.0160.001
call17.000.000.950.042.1267.000.000.045-0.0160.001
call18.000.000.350.122.2781.000.000.043-0.0170.001
call19.000.000.350.082.41915.000.000.041-0.0170.001
call20.000.000.100.082.5301.000.000.039-0.0170.001
put4.000.001.000.004.2990.000.00-0.057-0.0400.002
put5.000.000.900.003.3170.000.00-0.075-0.0380.002
put6.000.001.000.022.51150.000.00-0.099-0.0360.002
put7.000.001.150.301.8131.000.00-0.134-0.0320.003
put8.000.000.200.201.4021,1700.00-0.227-0.0340.004
put9.000.200.250.200.5963,032222-0.408-0.0250.006
put10.000.851.150.901.1245,809397-0.741-0.0210.005
put11.001.252.401.622.0914210.00-0.817-0.0260.004
put12.001.653.402.672.5025280.00-0.923-0.0140.002
put13.002.904.703.253.4391.000.00-0.934-0.0150.002
put14.003.705.803.803.9500.000.00-0.941-0.0150.002
put15.004.706.805.254.2370.000.00-0.946-0.0160.002
put16.005.707.800.004.4960.000.00-0.950-0.0160.001
put17.006.708.800.004.7320.000.00-0.953-0.0170.001
put18.007.709.800.004.9490.000.00-0.955-0.0170.001
put19.008.7010.800.005.1480.000.00-0.957-0.0170.001
put20.009.9011.800.005.3340.000.00-0.959-0.0180.001

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-056-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-30SEC
2026-11-036-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-11-03SEC
2026-11-036-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-11-03SEC
2026-10-30SCHEDULE 13G/ASEC
2026-10-296-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-10-29SEC
2026-10-146-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-10-14SEC
2026-10-076-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-10-07SEC
2026-09-306-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-30SEC
2026-09-296-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-29SEC
2026-09-286-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-28SEC
2026-09-186-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-18SEC
2026-09-156-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-15SEC
2026-09-086-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-08SEC
2026-09-086-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-08SEC
2026-09-026-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-02SEC
2026-09-016-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-06-30SEC
2026-09-016-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-01SEC
2026-08-276-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-08-27SEC
2026-07-30SCHEDULE 13GSEC
2026-07-226-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-07-22SEC
2026-07-014Statement of changes in beneficial ownership of securities2026-06-30SEC
2026-07-016-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-07-01SEC
2026-07-016-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-07-01SEC
2026-06-304Statement of changes in beneficial ownership of securities2026-06-26SEC
2026-06-306-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-06-30SEC
2026-06-236-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-06-23SEC
2026-06-106-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-06-10SEC
2026-06-036-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-06-03SEC
2026-06-026-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-06-02SEC
2026-05-296-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-05-29SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-080000
2026-070000
2026-06480.85K200
2026-050000
2026-040000
2026-032.16M600
2026-020000
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
Lingotto Investment Management LLP2.44%
TWO SIGMA INVESTMENTS, LP1.03%
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP0.86%
Bridgewater Associates, LP0.80%
Condire Management, LP0.74%
UBS Group AG0.72%
Goehring & Rozencwajg Associates, LLC0.65%
MORGAN STANLEY0.65%
D. E. Shaw & Co., Inc.0.63%
RENAISSANCE TECHNOLOGIES LLC0.58%

Funds

Fund% owned
Avantis Emerging Markets Equity ETF0.41%
Goehring & Rozencwajg Resources Fund0.28%
College Retirement Equities Fund - Total Global Stock Account0.25%
EMERGING MARKETS CORE EQUITY 2 PORTFOLIO0.09%
Nuveen Emerging Markets Equity Fund0.09%
USGI GOLD AND PRECIOUS METALS FUND0.04%
Avantis Emerging Markets Value ETF0.04%
Precious Metals Fund0.03%
THE EMERGING MARKETS SERIES0.03%
Acadian Emerging Markets Portfolio0.03%

OakChart. SBSW. Cached 15 minutes.