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Hycroft Slides After Two-Day Spike to 52-Week Highs on Record Metals and Vortex Drill Results

Record precious‑metal prices together with new Vortex intercepts intensified interest ahead of a feasibility update targeted for early 2026.

Overview

  • Shares jumped nearly 50% Monday and reached about $27.43 Tuesday before falling roughly 8% Wednesday to $24.87, underscoring sharp volatility.
  • Gold approached $4,500 per ounce and silver topped $69, lifting perceived project economics and fueling heavy trading in HYMC.
  • Hycroft reported its highest silver grades to date with long, continuous intercepts in the Vortex system, which remains open for expansion.
  • AMC Entertainment sold most of its Hycroft stake to Sprott earlier in December, a portfolio move cited as a contributor to recent price swings.
  • Management is weighing a heap‑leach restart with feasibility results targeted in the first half of 2026, and the company reports a debt‑free balance sheet with roughly $175 million in cash.