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Sun Sep 15 10:11:02 UTC 2024: ## National Bank of Canada Increases Stake in Sibanye Stillwater
**New York, NY – September 15, 2024** – National Bank of Canada FI significantly boosted its holdings in Sibanye Stillwater Limited (NYSE: SBSW) during the second quarter, according to HoldingsChannel.com. The bank increased its stake by 88.8%, acquiring an additional 11,000 shares, bringing its total ownership to 23,386 shares. This investment was worth $99,000 at the end of the reporting period.
This move by National Bank of Canada follows a trend of increased institutional interest in Sibanye Stillwater. Other investors, including Cantor Fitzgerald L.P., Lingotto Investment Management LLP, Quantbot Technologies LP, Fermata Advisors LLC, and Virtu Financial LLC, have also made significant purchases of the company’s stock in recent quarters.
Currently, institutional investors and hedge funds own 34.93% of Sibanye Stillwater shares.
Sibanye Stillwater Limited, headquartered in South Africa, is a leading precious metals mining company with operations spanning across several continents. The company is known for its production of gold, platinum group metals (PGMs), chrome, nickel, and other metals.
The company’s stock opened at $4.01 on Friday, with a market cap of $2.84 billion. Its price-to-earnings ratio is 5.42, and its beta is 1.65.
For more detailed information on Sibanye Stillwater and its financial performance, please visit HoldingsChannel.com for the latest 13F filings and insider trades.
**About Sibanye Stillwater Limited**
Sibanye Stillwater Limited is a global precious metals mining company headquartered in South Africa. The company’s diverse operations span across various continents, including South Africa, the United States, Europe, and Australia. Sibanye Stillwater is a leading producer of gold, platinum group metals (PGMs), chrome, nickel, and other metals.
**About HoldingsChannel.com**
HoldingsChannel.com provides comprehensive financial data and analysis for investors, including 13F filings, insider trades, and other relevant information. The platform aims to empower investors with the tools and insights needed to make informed investment decisions.