2024-05-20 02:20:05 ET
Summary
- Despite poor financial results and liquidity concerns, there is a cyclical upward momentum that may lead to a medium-term price rise for Sibanye Stillwater Limited.
- The company is actively restructuring and implementing cost-cutting measures, which may lead to significant savings in the future.
- The market's negative perception of future prospects and the potential for higher prices of key PGM metals support the potential upside for SBSW.
- I rate SBSW stock as a "Buy" today - for the medium term.
Investment Thesis
Read the full article on Seeking Alpha
For further details see:
Sibanye Stillwater Stock: A Cyclical Swing Underway