12 Best Middle East and Africa Stocks To Buy Right Now

6. Sibanye Stillwater Limited (NYSE:SBSW)

Number of Hedge Fund Investors: 18

Sibanye Stillwater Limited (NYSE:SBSW) is a multinational mining company headquartered in South Africa. The company is a leading producer of precious metals, including platinum, palladium, and gold. Sibanye Stillwater Limited (NYSE:SBSW) is also strategically expanding into new areas such as zinc and uranium.

One of the key areas of focus for Sibanye Stillwater Limited (NYSE:SBSW) is its expansion into new commodities, particularly zinc and uranium. The company’s Century City zinc segment has shown promising results, with a significant increase in EBITDA and payable production. Sibanye Stillwater Limited (NYSE:SBSW) is also exploring opportunities to increase its exposure to the uranium market, which is expected to experience growth driven by the increasing demand for nuclear energy. The company has announced a partnership with C5 Capital to explore uranium at a global scale, which is expected to enhance its earnings capacity and diversify its revenue streams.

To drive growth and expansion, Sibanye Stillwater Limited (NYSE:SBSW) is focusing on optimizing its existing operations and improving its production efficiency. Additionally, Sibanye Stillwater Limited (NYSE:SBSW) is working to address the technical challenges that have impacted its production in the past, including the cyber-attack that disrupted its sales pipeline. By resolving these issues and improving its operational performance, the company is confident that it can increase its production and reduce its costs, ultimately leading to improved profitability and cash flow.