Reported 12 days ago
Sibanye Stillwater Ltd. (NYSE:SBSW) achieved a new 52-week high of $13.11 on October 17, 2025, as gold prices soared to $4,326.58, prompting a surge in mining stocks. This bullish trend was driven by investor optimism regarding interest rate cuts amid rising geopolitical tensions. Additionally, the Public Investment Corporation increased its stake in Sibanye to over 20%, solidifying its status as a major shareholder.
Source: YAHOO