Hycroft Mining Holding Corporation Class A Common Stock
HYMCHycroft Mining Holding Corporation Class A (HYMC) is a mineral exploration and development company focused on the Hycroft gold and silver mine in Nevada. The company is involved in the exploration, production, and development of precious metals, with an emphasis on leveraging its large resource base. Hycroft aims to optimize its mining operations and expand its resource estimates to enhance its position in the precious metals industry.
Company News
Silver surged past $92 per ounce for the first time on record, up 200% over the past year, driven by easing inflation expectations, Federal Reserve rate cut bets, safe-haven flows, and structural supply deficits. While silver miners have underperformed the commodity, five silver-focused miners have delivered comparable gains over the past three m...
Silver mining stocks and ETFs have posted their best weekly performance in over four years, driven by a surge in silver prices due to rising gold, expectations of a Federal Reserve rate cut, and a global supply deficit.
Shares of NextPlat Corp (NASDAQ: NXPL) rose sharply in today’s pre-market trading after the company reported consolidated 2023 revenues of $37.8 million, up 222% year over year NextPlat shares surged 29.8% to $1.96 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers Allarity Therapeutics, Inc. (NASDAQ: A...
Precious metals surged once again in response to Fed Chair Jerome Powell‘s recent statements hinting at potential monetary policy easing in 2024, contingent upon further positive data on inflation and growing confidence that price pressures will align with the 2% target. Gold prices, as gauged by the SPDR Gold Trust (NYSE:GLD), soared 0.8% to $...
“It’s a simple idea that makes sense,” said Wedbush analyst Alicia Reese.
