Amc Entmt Hldgs Inc Stock Price, News & Analysis

AMC has announced an investment to acquire a 22% stake in Hycroft Mining Holding Corporation, alongside renowned investor Eric Sprott, totaling $56 million. This investment includes the purchase of 23.4 million warrants at $1.07 per share, which will help Hycroft address its liquidity challenges. The Hycroft Mine, located in northern Nevada, boasts approximately 15 million ounces of gold and 600 million ounces of silver. AMC will have the right to appoint a representative to Hycroft's board, enhancing its involvement in this venture.

Hycroft Mining Holding Corporation (Nasdaq: HYMC) announced a $56 million equity private placement with Eric Sprott and AMC Entertainment Holdings, Inc. (NYSE: AMC). Each investor will contribute $27.9 million for 23,408,240 units at a price of $1.193 per unit. The funds will enhance liquidity, extend debt repayment deadlines to May 2027, and support further development of the Hycroft Mine in Northern Nevada. This investment positions Sprott and AMC as the second-largest shareholders, each holding 21.8% of outstanding shares, reinforcing confidence in Hycroft's potential.

AMC Theatres reported its third-highest attended weekend since reopening in the summer of 2020, driven by the success of THE BATMAN. Over 4 million tickets were sold globally, outpacing attendance from the same weekend in 2019 and 2020. AMC achieved a market share exceeding 29% in the U.S. box office for THE BATMAN, with all top three theatres leading in performance. The company enhanced guest experience through exclusive screenings, NFTs, and popcorn sales, marking their third-highest weekend in this category. AMC’s strategic expansion of premium screens supports continued growth.

National CineMedia (NASDAQ: NCMI) reported significant recovery in Q4 2021, with total revenue soaring 304.5% to $63.5 million compared to $15.7 million in Q4 2020. The company achieved positive Adjusted OIBDA of $18.4 million, marking its first positive result since Q1 2020. Despite a total revenue increase of 26.8% for the year, operating loss grew to $68.6 million. NCMI announced a quarterly cash dividend of $0.05 per share, payable March 31, 2022. Looking ahead, NCMI expects Q1 2022 revenues between $32.0 million to $35.0 million, with Adjusted OIBDA ranging from negative $7.0 million to negative $4.0 million.

AMC Entertainment Holdings, Inc. (NYSE: AMC) reported its fourth quarter and 2021 annual results, which were made available on its Investor Relations website. The company is set to host a live investor webcast on March 1, 2022, at 4:00 p.m. CST. AMC is recognized as the largest movie exhibition company globally, operating around 950 theatres and 10,500 screens. It has implemented various innovations such as power-recliner seats and diverse food options to enhance customer engagement and satisfaction.

AMC Theatres has announced a significant executive restructuring, promoting Dan Ellis to Executive Vice President, Chief Operations & Development Officer, and hiring Eliot Hamlisch as Executive Vice President, Chief Marketing Officer. Ellis succeeds John McDonald, who retires after 47 years, while Hamlisch brings extensive experience from Wyndham Hotels. Sean Goodman will now oversee AMC's international theatres. The retirements are voluntary and aim for a smooth transition as AMC looks forward to a promising post-COVID recovery in the theatrical business.

National CineMedia (NASDAQ: NCMI) will participate in the J.P. Morgan Global High Yield & Leveraged Finance Conference on March 1, 2022, at the Loews Miami Beach Hotel, Florida. CEO Tom Lesinski and CFO Ronnie Ng will present at 5:00 PM EST and hold one-on-one investor meetings. NCMI owns 48.3% of National CineMedia, LLC, the largest cinema advertising network in the U.S., reaching over 20,700 screens across 1,600 theaters. For more details, visit www.ncm.com.

AMC Entertainment Holdings, Inc. (NYSE:AMC), the largest theatrical exhibition company globally, will announce its fourth quarter and full year results for 2021 on March 1, 2022, after the market closes. The earnings webcast will occur at 4:00 p.m. CST and will be accessible via AMC's Investor Relations website. Investors can submit questions during the webcast by joining AMC Investor Connect. The company operates approximately 950 theatres and 10,500 screens worldwide, enhancing guest experiences through various innovations.