FNY Investment Advisers Initiated a New Position in Sibanye Stillwater. Is the Stock a Buy?
The Motley Fool·2025-12-17 07:29

Company Overview - Sibanye Stillwater Limited is a leading precious metals mining company with diversified operations across multiple continents, leveraging a broad asset base and integrated processing capabilities to supply gold and platinum group metals (PGMs) to global markets [6] - The company operates a vertically integrated mining and metallurgical business model, generating revenue from extraction, processing, and sale of precious and base metals, and also engages in PGM recycling [10] Financial Performance - As of December 12, 2025, the company's stock price was $13.29, with a market capitalization of $9.51 billion and a trailing twelve months (TTM) revenue of $6.15 billion [4] - The company reported an adjusted EBITDA of $560 million in the third quarter, a significant increase from $184 million in the prior year, benefiting from a 35% higher average gold price [11] - Despite the positive EBITDA, the company reported a net loss of $140.48 million over the TTM [4][11] Recent Developments - FNY Investment Advisers initiated a new position in Sibanye Stillwater by acquiring 429,100 shares valued at approximately $4.82 million, making it one of the top five holdings in the fund [2][7] - The stock reached a 52-week high of $14.08 on December 12, 2025, following the appointment of a new CEO, Richard Stewart, on October 1, and ongoing restructuring efforts [8] - As of December 14, 2025, shares had increased by 221.0% over the past year, significantly outperforming the S&P 500 by 195.4 percentage points [9]

FNY Investment Advisers Initiated a New Position in Sibanye Stillwater. Is the Stock a Buy? - Reportify