Gold.com's stock surged 5.34% during intraday trading on Wednesday, significantly outperforming the broader market.

The sharp rise in the gold mining company's share price tracked a broader rally in gold mining stocks, which were buoyed by rising bullion prices. Spot gold was up 0.8% at $5,066.68 per ounce, supported by a weaker U.S. dollar and a drop in Treasury yields. Investors were also positioning ahead of key U.S. jobs data scheduled for release later in the day, which could provide further clues on the Federal Reserve's monetary policy outlook.

The move was part of a sector-wide gain, with other major gold miners like Newmont and Barrick also trading higher premarket.