Why did Sibanye Stillwater Ltd. (SBSW) skyrocket last week?
Recently I published a list Last week, 10 companies record double-digit profits against market slump. In this article, we look at where Sibanye Stillwater Ltd. (NYSE: SBSW) represents against other companies that recorded double-digit profits against the market slump last week.
The stock market may have been assaulted for most of the week, but was able to recover the loss on Friday as investors increased their shares while assessing the impact of the US-China trade war.
Of all the key metrics, the high-tech NASDAQ recorded its highest profit, up 7.29%, followed by the S&P 500 at 5.7%, while the Dow Jones at 4.95%.
Ten companies, mainly in the gold and biopharmaceutical sector, were top performers of the week as investors sought havens from stocks amid market uncertainty.
This article has identified the 10 best winners of last week and detailed the reasons behind their profits.
To create the list, we only looked at stocks with a market capitalization of $2 billion and a trading volume of $5 million.
Weekly prices were based on the company’s closing prices on April 4 or Friday, one week ago.
A mining truck with precious metals mounted on an open pit mine.
Sibanye Stillwater closed its Friday trading at $4.38, up 27.3% a week, bringing its $3.44 finish on April 4th.
As of Friday, spot prices for gold rose 1.93% at $3,237.61 per ounce, reaching the highest ever new record and second record.
SBSW is a diverse mining company that mines gold, lithium, nickel, copper, zinc and Platinum group metals. In South Africa, it operates Beatrix, Driftane and Kroof underground mines and surface treatment facilities.
It also retains control of DrdGold Ltd. DRDGOLDLtd. operates Westland’s surface tail retreat facility through a Western Gold Recover Operation and through its fully owned Ergomining subsidiary in Eastland.
Overall, SBSW 7th place It was on the list of companies that recorded market slump and double-digit profits last week. While we acknowledge SBSW’s potential as an investment, our conviction lies in the belief that AI stocks provide higher returns and hold a greater promise to do so within a shorter time frame. There have been AI stocks that have risen since the beginning of 2025, and the popular AI stocks have lost around 25%. If you’re looking for AI stocks that are as promising as SBSW, but trade less than five times the revenue, check out our report on this Cheapest AI stocks.