0913 GMT - Sibanye Stillwater's 2024 results were broadly in line with expectations but its 2025 guidance was weaker than expected, RBC Capital Markets analysts Marina Calero and Laura Chan write. The weaker guidance is largely driven by higher cost and capital expenditure at Stillwater and its South African platinum group metals operations, they write. Sibanye expects capital expenditure at its South African PGM operations to be around $360 million, which is 16% higher than the analysts had expected. Sibanye's all-in sustaining cost guidance of between $1,420 and $1,460 an ounce at its Stillwater facility is 23% ahead of the analysts' expectations, they add. Shares trade down 8.4% at 1,565.00 rand. (adam.whittaker@wsj.com)
(END) Dow Jones Newswires
February 21, 2025 04:13 ET (09:13 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。