5 Most Profitable Gold Stocks Now

3. Sibanye Stillwater Limited (NYSE:SBSW)

Net Profit (TTM): $1.0 billion

Headquartered in South Africa, Sibanye Stillwater Limited (NYSE:SBSW) is a multinational mining corporation. The company’s products include gold, palladium, platinum, rhodium, and other platinum group metals (PGMs). The project portfolio of Sibanye Stillwater Limited (NYSE:SBSW) comprises processing and mining operations across five continents. These operations include gold, copper, and PGM projects in South Africa, the United States, Zimbabwe, North America, and South America. The company also owns a copper property and a zinc retreatment facility in Australia.

On January 10, 2023, Abhi Agarwal, an analyst at Deutsche Bank, increased his price target on Sibanye Stillwater Limited (NYSE:SBSW)to $13 while keeping a Hold rating on the company’s shares.

According to Insider Monkey’s database, 17 hedge funds held stakes worth $167 million in Sibanye Stillwater Limited (NYSE:SBSW) in Q4 2022, compared to 18 funds in the prior quarter with stakes worth $156 million.