SIBANYE-S has had a tough time in both SA and U.S mining. Sibanye is a great stock it I currently don't know if it's the right time for buying as I feel like the stock might drop too R17 before having a full upward moment
SSW is good value based on its Price-To-Earnings Ratio (5.6x) compared to the African Metals and Mining industry average (6.7x) SSW's Return on Equity (23.3%) is considered high.Debt Level: SSW has more cash than its total debt.
Reducing Debt: SSW's debt to equity ratio has reduced from 124.2% to 23.4% over the past 5 years.
Debt Coverage: SSW's debt is well covered by operating cash flow (178.3%).
Interest Coverage: SSW's interest payments on its debt are well covered by EBIT (43.8x coverage).
It will not go back ...unless something go very bad like all metal prices collapse
clive528
⋅
@Mashithembe have you read that their one of their mines in the UK flooded while this side production levels have decreased. Yes Sibanye is a great company but as I stated "I'm not sure if it's the right time to buy it" as I can see it might hit a free fall then find support at R17, but all this could be wrong
Mashithembe
⋅
@clive528, there was no mine that flooded . On the company website there was a special investment update on this and other matters . It was a river that flooded and destroyed infrastructure including the road that lead to the Stillwater mine and there was a strike in the gold segment and the closure of Beatrix .....all of that they said has been resolved ....this is why I say there is no fundamentals that support what you are saying about R17 ......You can decide what to do ...I merely point out to some other facts that you might not have taken into consideration when you mentioned R17
clive528
⋅
@Mashithembe you never know but I ain't saying you correct or incorrect, anything can happen as I mentioned. Yes prices might go or they can go the opposite way, that's investing for you😉
Mashithembe
⋅
@clive528, ....LOL true the moon can also fall from the sky .........if you analyze like that there is nothing you can buy
Reducing Debt: SSW's debt to equity ratio has reduced from 124.2% to 23.4% over the past 5 years.
Debt Coverage: SSW's debt is well covered by operating cash flow (178.3%).
Interest Coverage: SSW's interest payments on its debt are well covered by EBIT (43.8x coverage).
It will not go back ...unless something go very bad like all metal prices collapse