10 Stocks With Surprising Gains

8. Sibanye Stillwater Limited (NYSE:SBSW)

Sibanye Stillwater grew its share prices by 7.79 percent on Thursday to finish at $6.50 apiece as investors flocked to mining stocks following the rally in gold prices.

On Thursday, spot prices of gold held on to its level, growing 0.17 percent at $3,358.35 per troy ounce, as traders resorted to such asset to minimize risks from the ongoing trade tensions between the US and China.

In recent news, Sibanye Stillwater Limited (NYSE:SBSW) announced a more optimistic business outlook for the rest of the year.

According to Sibanye Stillwater Limited (NYSE:SBSW) CEO Neal Froneman, he expects the company to continue posting positive outcomes from its actions over the past two years.

In the first quarter of the year, Sibanye Stillwater Limited (NYSE:SBSW) registered an 89-percent jump in adjusted EBITDA of $222 million as a result of its diversification and restructuring program. Among its businesses, PGM operations was the strongest, contributing $137 million.

“The increase in Group adjusted EBITDA for Q1 2025 was not solely a function of our leveraged exposure to the increasing gold price, but reflects the combined outcome of operational restructuring we implemented from H2 2023, which has resulted in increased profitability from most of our operations,” he said.

“Along with reduced future annual capital requirements, we believe that this result signals a clear inflection point for the Group, and is set to position us to realize ongoing value for stakeholders,” he added.