Sibanye Stillwater: An Attractive Play

Summary

• Revenues for the six months ending December 31, 2021 were $5,461 million compared to $4,439 million at the end of December 2020.
• Annual production guidance was achieved by all the operating segments for 2021, providing a solid base for improved Group profitability on the back of robust commodity prices.
• I recommend accumulating SBSW at or below $14.

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Introduction

Johannesburg-based company Sibanye Stillwater (NYSE:SBSW) released its six-month earnings results and year-ending December 31, 2021, on March 3, 2022.

1 - H2 2021 And Y21 Results Snapshot

Sibanye's balance sheet is significantly complex and

Analyst’s Disclosure:I/we have a beneficial long position in the shares of SBSW either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

I trade short-term SBSW as well.