Welcome to our dedicated page for Hycroft Mining Holding news (Ticker: HYMC), a resource for investors and traders seeking the latest updates and insights on Hycroft Mining Holding stock.
Hycroft Mining Holding Corporation (Nasdaq: HYMC) is a U.S.-based gold and silver company centered on the Hycroft Mine in northern Nevada, a Tier-1 mining jurisdiction. The HYMC news feed on Stock Titan aggregates the company’s press releases and related market announcements so readers can follow developments at one of the world’s larger precious metals deposits as described by Hycroft.
Recent Hycroft news has focused on exploration results, technical work and financing activities. The company has reported high-grade silver intercepts from its 2025–2026 Exploration Drill Program at the Vortex and Brimstone zones, including what it calls the highest grades to date in the Vortex system and confirmation that mineralization remains open in multiple directions and at depth. Other updates cover induced polarization geophysics at Brimstone that outlined a deep target interpreted as a potential feeder zone, as well as drilling plans across the company’s more than 64,000-acre land package.
Corporate and financial news items include announcements of a non-brokered private placement led by Eric Sprott, an upsized underwritten public offering of common stock, and subsequent repayment and repurchase of Hycroft’s outstanding debt obligations. Hycroft has also issued quarterly results, balance sheet updates, and information about changes in its shareholder base, including increased ownership by institutional investors in the global mining sector.
Investors and sector watchers can use this page to review HYMC news related to exploration drilling, metallurgical and engineering studies for a potential sulfide milling operation, capital raises, debt reduction, and governance matters such as proxy statements and annual meeting notices. Bookmark this feed to quickly access new Hycroft releases and associated SEC-referenced announcements as they are published.
Hycroft Mining Holding Corporation (Nasdaq: HYMC) will release its financial and operating results for the quarter ending June 30, 2021, on August 4, 2021, before market open. A conference call will follow at 9:00 am ET to discuss these results. The Hycroft Mine, located in Northern Nevada, is among the world's largest primary gold deposits and the second largest in the U.S. Investors are encouraged to participate in the call to gain insights into the company's performance.
Hycroft Mining Holding Corporation (Nasdaq: HYMC) announced the successful placement of approximately 777,968 shares and 394,863 warrants by Mudrick Capital Management, L.P., exiting their equity in Hycroft. The management team and existing institutional shareholders have increased their holdings, demonstrating confidence in the company's future. With the Hycroft Mine being one of the largest gold and silver deposits in Northern Nevada, CEO Diane Garrett emphasized the commitment to developing this asset. The support from shareholders is crucial as the new management team drives growth.
Hycroft Mining Holding Corporation (Nasdaq: HYMC) reported a strong first quarter in 2021, producing 13,858 ounces of gold and 94,845 ounces of silver, marking increases of 99% and 126%, respectively, from the previous year. Sales also rose, with gold at 9,830 ounces (average price of $1,784/oz) and silver at 57,236 ounces (average price of $26.12/oz). The company achieved a significant improvement in safety performance, reducing its total reportable incident frequency rate by nearly 50% compared to 2020. However, cash reserves declined to $36.5 million.
Hycroft Mining Holding Corporation (Nasdaq: HYMC) will release its financial and operating results for Q1 2021 on May 17, 2021, before market open. A conference call will follow at 9:00 am ET (6:00 am PT) to discuss these results. The Hycroft Mine, located in Northern Nevada, is a significant gold and silver producer and ranks among the top 20 largest primary gold deposits globally, and the second largest in the U.S.
On April 14, 2021, Hycroft Mining Holding Corporation (Nasdaq: HYMC) announced the nomination of Stephen A. Lang and David Naccarati to its Board of Directors at the upcoming Annual Meeting on May 24, 2021. Both nominees bring over 40 years of mining experience, with Lang previously serving as CEO of Centerra Gold Inc., and Naccarati as president of Phelps Dodge Mining Company. This strategic addition aims to enhance the board's operational expertise at a crucial time for the company, as it seeks to develop the Hycroft Mine into a leading gold and silver producer.
Hycroft Mining Holding Corporation (Nasdaq: HYMC) reported its year-end 2020 results, showing a significant production increase with 27,392 ounces of gold and 178,836 ounces of silver, nearly triple that of 2019. The company established a new executive and technical leadership team focused on optimizing operations and safety. Despite operational challenges, a $10 million program for further geological studies and a long-term plan for increased production of 45,000 to 55,000 ounces of gold in 2021 was outlined. However, the company incurred losses due to high operating costs and lower production volumes.
Hycroft Mining Holding Corporation (Nasdaq: HYMC) will release its financial and operating results for the year ended December 31, 2020, on March 24, 2021, before the market opens. A conference call scheduled for the same day at 1:00 PM ET will allow stakeholders to discuss these results. The Hycroft Mine, located in Northern Nevada, is recognized among the largest gold deposits globally, positioning the company for potential growth as it continues to operate in this strategic mining region.
Hycroft Mining Holding Corporation (Nasdaq: HYMC) has announced the rescheduling of its 2020 annual results and 2021 outlook release from February 24, 2021, to the week of March 22, 2021. This decision aims to align the release with the filing of its first Annual Report on Form 10-K. Further details regarding the release and conference call date will be provided closer to that week. Hycroft is recognized as a significant gold and silver producer based in Northern Nevada, with the Hycroft Mine being one of the largest primary gold deposits globally.
Hycroft Mining Holding Corporation (Nasdaq: HYMC) will release its financial and operational results for the year ended December 31, 2020, on February 24, 2021, before market open. A conference call to discuss these results is scheduled for the same day at 1:00 pm ET (10:00 am PT). The company operates the Hycroft Mine in Northern Nevada, known for one of the largest gold/silver deposits globally, with a low-capital, low-cost process and a projected 34-year mine life.
Hycroft Mining Holding Corporation (Nasdaq: HYMC) announced the upcoming trading of its HYMCL Warrants on Nasdaq starting January 25, 2021. The HYMCL Warrants were issued during its public offering of 9,583,334 units on October 6, 2020, allowing purchase of common stock at an exercise price of $10.50. Additionally, adjustments to the terms of the Seller Warrants were communicated, decreasing exercise prices from $41.26 to $40.31 and increasing the number of shares per warrant. The Hycroft mine is one of the largest gold/silver deposits globally, with a 34-year mine life.
FAQ
What is the current stock price of Hycroft Mining Holding (HYMC)?
What is the market cap of Hycroft Mining Holding (HYMC)?
