Sibanye-Stillwater Limited (SBSW) shares are experiencing a modest uptick in after-hours trading following the announcement of a memorandum of understanding (MOU) with C5 Capital. This agreement aims to advance nuclear energy initiatives in South Africa, the United States, and globally. The collaboration is expected to leverage Sibanye-Stillwater's resources and expertise in the mining sector to support the development of nuclear energy projects, which could potentially enhance the company's growth prospects and investor confidence.
Sibanye-Stillwater's stock closed at $4.09 on November 29, 2024, marking a 1.74% increase from the previous day's close of $4.02. In after-hours trading, the stock saw a further rise of 0.24%, reaching $4.10.