Up 57% this year! Does Macquarie see more upside for this surging ASX mining stock?

Investors in manganese producer Jupiter Mines Ltd (ASX: JMS) have had plenty to smile about so far in 2025.

The company’s share price has rocketed from $0.14 per share at the start of January to $0.22 apiece at the time of writing.

This equates to a 57% surge in just…