Hycroft Mining Holding Corp Stock Price, News & Analysis

Hycroft Mining (NASDAQ:HYMC) has announced significant findings from its 2025 Induced Polarization (IP) geophysics survey at the Hycroft Mine in Nevada. The survey revealed a large-scale target beneath the high-grade silver system, indicating a potential feeder zone. The identified anomaly shows a vertical geometry interpreted as an altered, intrusive body with dimensions of 650 meters north-south by 425 meters west-east at approximately 500 meters depth.

The survey, conducted using innovative drone technology to access challenging terrain, covered 11.7 line kilometers on 400-meter spaced lines. This discovery will be included in the company's 2025-2026 Exploration Drilling Program. The findings are particularly significant as they suggest Brimstone's mineral endowment may extend beyond the high-grade drill results from 2024, potentially representing a magmatic source for the intermediate sulfidation system.

Hycroft Mining (NASDAQ:HYMC) has announced a US$60 million non-brokered private placement priced at-the-market under Nasdaq rules. The placement consists of 14,017,056 units at US$4.2805 per unit, with each unit comprising one common stock share and half a warrant exercisable at US$6.00 per share for 24 months.

Eric Sprott, through 2176423 Ontario Ltd., will subscribe to approximately 66% of the placement, increasing his ownership from 21% to 33%. Tribeca Global Natural Resources Ltd. will take approximately 34% of the placement, resulting in an 8% ownership stake.

The timing aligns with silver reaching 15-year highs and its recent designation as a critical mineral by the U.S. Government. Proceeds will fund the advancement of the Hycroft Mine, working capital, and general corporate purposes, with closing anticipated by September 10, 2025.

Hycroft Mining (NASDAQ:HYMC) has filed its Q2 2025 10-Q and provided significant corporate updates. The company successfully completed a public offering raising $45.0 million in total proceeds, with Eric Sprott's 2176423 Ontario Ltd. increasing ownership from 7% to 22%. The company ended Q2 with $68.8 million in unrestricted cash and $131.0 million in total debt.

Key developments include the launch of a 2025-2026 Exploration Drill Program focusing on high-grade silver systems, with 14,500 meters of core drilling planned. The company is advancing metallurgical testing for sulfide processing and evaluating potential heap leach operations. Hycroft maintains an exceptional safety record with 0.00 TRIFR for over 2.5 years and received the NVMA first place Operator Safety Award.

Hycroft Mining (NASDAQ:HYMC) has announced its 2025-2026 Exploration Drill Program at the Hycroft Mine in Nevada. The program will utilize two core drill rigs to complete approximately 14,500 meters of drilling, focusing on expanding high-grade opportunities at Brimstone and Vortex areas.

The program builds on successful 2023-2024 drilling campaigns that discovered two significant high-grade silver systems, yielding some of the best results in the company's 40-year history with silver grades exceeding 11,000 g/t Ag. The exploration will target areas east of Brimstone, including the Manganese target, with drilling scheduled to begin in August 2025.

The company highlighted its safety achievements, reporting a Total Reportable Injury Frequency Rate of 0.00 for over two and a half consecutive years. The Hycroft Mine, with less than 10% of its 64,000-acre land package explored, represents significant potential for future silver production.

Hycroft Mining (Nasdaq: HYMC) announced the successful exercise and closing of underwriters' over-allotment option, resulting in the sale of an additional 1,324,117 shares of Class A Common Stock at $3.49 per share and 937,500 warrants at $0.02 per warrant.

The total offering, including the base offering of 12,500,000 units, brought the total shares sold to 13,824,117 and warrants to 7,187,500. The gross proceeds increased to approximately $48.4 million. Each warrant is exercisable for 36 months to purchase one share at $4.20 per share. The company plans to use the proceeds for exploration, working capital, and general corporate purposes at its Hycroft Mine in Nevada.

Hycroft Mining (NASDAQ: HYMC) has announced the pricing of an upsized public offering of 12.5 million units at $3.50 per unit, expected to raise approximately $43.75 million in gross proceeds. Each unit comprises one common stock share and half of a warrant, with each full warrant exercisable at $4.20 per share for 36 months. The underwriters have a 30-day option to purchase up to an additional 1.875 million units. BMO Capital Markets and Paradigm Capital are serving as joint book-running managers, with SCP Resource Finance as capital markets advisor. The offering is expected to close on June 13, 2025. The company plans to use the proceeds for exploration activities, working capital, and general corporate purposes.

Hycroft Mining (NASDAQ: HYMC) has announced a proposed public offering of units to raise approximately $40 million. Each unit consists of one common stock share and one-half warrant, with each full warrant exercisable for one common share. BMO Capital Markets and Paradigm Capital Inc. are serving as joint book-running managers, with SCP Resource Finance LP acting as capital markets advisor. The offering's final pricing and terms will be determined when entering the underwriting agreement. Underwriters will receive a 30-day option to purchase up to an additional 15% of the base offering. The company plans to use the proceeds for exploration activities, working capital, and general corporate purposes. The offering is being made through an effective S-3 shelf registration statement.

Hycroft Mining (NASDAQ: HYMC) has released its Q1 2025 results, highlighting significant progress in its Nevada operations. The company ended Q1 with $39.7 million in unrestricted cash, $27.7 million in restricted cash, and $128.0 million in total debt. Key developments include advancement in metallurgical testing for sulfide ore processing options and confirmation of two new prospective exploration targets - Bay and Manganese.

The company maintains an exceptional safety record with a 0.00 TRIFR for over 1.2 million man-hours without incidents. With less than 10% of their 64,000+-acre property explored, recent drilling results have shown promising high-grade silver trends in the Brimstone area. Hycroft is considering a potential heap leach operation startup ahead of their planned milling operation, capitalizing on high commodity prices. The company expects to complete final metallurgical test work by mid-2025 and deliver a technical report with economics by year-end 2025.

Hycroft Mining has announced significant results from its 2024 exploration program at the Hycroft Mine in Nevada. The program revealed multiple high-grade discoveries across three key areas:

At Brimstone, drilling uncovered some of the best results in the mine's 40-year history, with several intervals exceeding 1000 g/t silver. The Vortex area showed a new high-grade silver trend, with one hole yielding 950 g/t silver and 4.78 g/t gold.

Two new exploration targets were successfully drilled: The Manganese Target, located 1 km east of Vortex, revealed oxide mineralization within 120 meters of surface. The Bay Target, situated 3.1 km from Brimstone, showed high-grade veins with strong potential at depth.

The company completed 9,058 meters of drilling and extensive geophysics surveys. Management suggests these high-grade discoveries could potentially serve as a starter-mine for their sulfide milling operation, with additional opportunities for a heap leach operation.