Sibanye-Stillwater Limited (SBSW) shares are seeing a modest increase in after-hours trading, likely driven by the broader positive trends in the mining sector. According to recent data from S&P Global Market Intelligence, the mining sector experienced a significant uptick in activity during October, with the Pipeline Activity Index rising by 45% compared to September. This growth was fueled by increased drilling results and financing levels, particularly in the gold sector, which saw financings climb to $1.02 billion. The overall positive sentiment in the mining industry, coupled with rising gold and silver prices, is providing a favorable environment for companies like Sibanye-Stillwater.
The current price of Sibanye-Stillwater Limited is $4.25, reflecting a 0.24% increase in after-hours trading from the close price of $4.24 on December 3, 2024.