Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter

Magnum Mining and Exploration Ltd (ASX: MGU) experienced a notable surge in both price and trading volume, prompting a trading halt as the company prepared to announce a significant agreement to secure a major rare earths landholding in Brazil. This strategic move is expected to enhance their portfolio and impact market interest in the company's securities.

For further insights into AU:MGU stock, check out TipRanks' Stock Analysis page.