5 Most Undervalued Gold Stocks To Buy According To Hedge Funds

2. Sibanye Stillwater Limited (NYSE:SBSW)

Number of Hedge Fund Holders: 17

P/E ratio: 5.46

Sibanye Stillwater Limited (NYSE:SBSW) has lost significant value over the past few months but some analysts believe the stock is offering an attractive entry point for investors as they are hopeful about the company’s promising projects such as the Keliber lithium project.

Recently, Sibanye Stillwater Limited (NYSE:SBSW) said it recorded a maiden lithium mineral reserve of 193,600 metric tons of lithium carbonate equivalent at the end of 2022.

As of the end of the last quarter of 2022, 17 hedge funds tracked by Insider Monkey had stakes in Sibanye Stillwater Limited (NYSE:SBSW). The net worth of these stakes at the end of the quarter was over $167 million. The biggest stakeholder of Sibanye Stillwater Limited (NYSE:SBSW) among these 17 hedge funds was Ryan Schedler And Bradley Shisler’s Condire Investors with a $40.4 million stake. The second biggest stakeholder of Sibanye Stillwater Limited (NYSE:SBSW) was Cliff Asness’AQR Capital Management which has a $37 million stake in the company.