Sibanye-Stillwater's Q3 Adjusted EBITDA Increases

MT Newswires Live11-05

Sibanye Stillwater (SBSW) reported Q3 adjusted earnings before interest, taxes, depreciation, and amortization Tuesday of 3.31 billion South African rand ($184 million), up from 3.03 billion rand a year earlier.

The company's South African operations produced 5,582 kilograms of gold in the quarter ended Sept. 30, down from 6,148 kg a year earlier. Platinum group metals output was 14,741 kg, compared with 14,045 kg a year earlier.

The platinum group metals production from the company's US operations was 3,483 kg versus 3,283 kg a year earlier.

Analysts' estimates weren't available for comparison.

Shares of the company were up 4.1% in recent premarket activity.

Price: 4.8600, Change: +0.19, Percent Change: +4.07

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