11/25

Sibanye-Stillwater Falls 2.73% Amid Gold Price Decline and Analyst Revisions

Sibanye-Stillwater Limited (SBSW) shares are down 2.73% to $4.11 as of 10:22 am on Monday, compared to its previous close of $4.22 on November 22nd. The decline in SBSW's stock price is occurring amid broader market pressures on gold mining shares, which have faced downward revisions in share price targets by some analysts. This comes as gold prices experience significant declines due to increased risk appetite and heavy profit-taking in the market. Additionally, the anticipation of critical US inflation data later this week is contributing to the cautious sentiment in the precious metals sector.