When BlackRock (BLK) makes a move, markets pay attention. The $14 trillion fund manager just raised its stake in gold and platinum miner Sibanye-Stillwater (SBSW) to over 5%, crossing a disclosure threshold that reveals serious institutional interest.
Valued at a market cap of $14.7 billion, Sibanye-Stillwater has returned 380% to shareholders over the last 12 months. In fact, SBSW stock has roughly doubled in the last six months.
