Streetbeat News

HYMC

Hycroft Mining Holding Corporation

https://www.hycroftmining.com

Industry

Gold

Hycroft Mining Holding Corporation, together with its subsidiaries, operates as a gold and silver development company in the United States. The company holds interests in the Hycroft mine that covers an area of approximately 70,671 acres located in the state of Nevada. As of December 31, 2021, its Hycroft mine had measured and indicated mineral resources of 9.6 million ounces of gold, and 446.0 million ounces of silver. Hycroft Mining Holding Corporation is headquartered in Winnemucca, Nevada.

Open

2.25

Mkt cap

55M

Volume

52K

High

2.30

P/E Ratio

-0.89

52-wk high

4.65

Low

2.25

Div yield

N/A

52-wk low

1.63

Shares of precious metals stocks, including EXK, GATO, HL, HYMC, and WPM, are trading higher due to recent increases in gold and silver prices.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 7:08 pm

Ivanhoe Electric Inc. (IE) and its subsidiary announced advancements in exploration software, enhancing geophysical models with machine learning. President Biden plans to oppose Nippon Steel's acquisition of U.S. Steel (X), emphasizing the importance of keeping U.S. Steel American-owned. Hycroft Mining (HYMC) reported significant 2023 operating results, including high-grade silver discoveries. Foremost Lithium (FMST) completed part of its private placements, raising $1.629 million for exploration and corporate needs.

Portfolio Pulse from Austin DeNoce

March 14, 2024 | 9:48 pm

Hycroft Mining Holding (HYMC) reported a successful 2023 with no lost time accidents, ending the year with $106 million in unrestricted cash. The company also complied with debt covenants and voluntarily pre-paid $38 million of its senior secured debt. Additionally, HYMC maintained Nasdaq compliance through a 1-for-10 reverse stock split and raised $1.1 million through an equity offering.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 12:05 pm

Gold and silver prices surged to new highs following Fed Chair Jerome Powell's hints at potential rate cuts in 2024, boosting mining stocks and ETFs. The SPDR Gold Trust (GLD) and Invesco DB USD Index Bullish Fund ETF (UUP) experienced significant movements, alongside a rally in mining stocks and ETFs like the VanEck Gold Miners ETF (GDX) and the VanEck Junior Gold Miners ETF (GDXJ).

Portfolio Pulse from Piero Cingari

March 06, 2024 | 5:43 pm

Ramaco Resources, Inc. (METC) forecasts a nearly 50% increase in Q4 2023 net income and a 25% rise in Adjusted EBITDA, with steady coal shipments and a record sales volume. The company also acquired a preparation plant to enhance efficiency. Hycroft Mining Holding Corporation (HYMC) begins its 2024 drilling program at the Hycroft Mine, targeting high-grade silver. Foremost Lithium Resource & Technology Ltd. (FMST) starts drilling at its Zoro Lithium Property, aiming for significant resource expansion.

Portfolio Pulse from Austin DeNoce

February 13, 2024 | 10:50 pm

Alcoa Corporation plans to curtail production at its Kwinana Alumina Refinery, reducing its workforce, expecting $70 million in annual improvements but incurring $180-$200 million in restructuring charges. Hycroft Mining announced high-grade silver findings at the Hycroft Mine, with two new silver trends identified. ZK International is expanding into Southeast Asia and the Middle East to meet demand for sustainable infrastructure.

Portfolio Pulse from Austin DeNoce

January 09, 2024 | 9:06 pm

Hycroft Mining Holding Corporation (NASDAQ:HYMC), also known as Hycroft, has received notification from Nasdaq that it now complies with the minimum bid price requirement for continued listing on The Nasdaq Capital Market. As a result, Hycroft's common stock will maintain its listing status, meeting all applicable listing standards.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 1:12 pm

Hycroft Mining has announced the discovery of a new system of significant quartz veining containing very high-grade silver mineralization. The vein spans 300 meters in strike length, indicating a potentially valuable resource for the company.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 1:02 pm

Hycroft Mining Holding Corporation (HYMC) shares are set to resume trading at 9:00 a.m. ET after a halt. The news is likely to attract investor attention and could impact the stock's performance in the short term.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:39 pm

Shares of precious metals stocks are trading higher due to a drop in the US dollar index.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 6:57 pm

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