Good Morning Apes and Apettes. On 4/30/2024 at 7:55 am HYMC was down ,11 to $3.53. Gold was down $35.20 to $2324.20 and Silver was down .82 to $26.77. LFG!!!
The prices are pre-market eastern time and came from Yahoo Finance and Ampex.
HYMC closed at $3.64 on 4/29/2024.
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How have HYMC shares performed this year?
When did Hycroft Mining's stock split?
What is the symbol for Hycroft Stock and on which exchange is it traded?
Good Morning Apes and Apettes. On 5/29/2025 at 7:55 am HYMC was unchanged at $2.98. Gold was up $11.80 to $3315.70 and Silver was up .46 to $33.69. The prices came from Yahoo Finance and Ampex. HYMC closed at $2.98 on 5/28/2025. I wish Diane would give more updates on how long exploration is going to be and a timeline on when they hope to start mining. Will mining start this year? LFG!!!
I complained about AA investing in a frigging speculative gold mine, with AMC being in debt. This was when HYMC was going for $ .37 a share. He spend millions on purchasing shares, PRIOR to this point. Well, gee, with gold & silver prices having gone up, the HYMC share price is now $2.32 per share, Of course, you have to factor the 1 for 10 reverse split that happened also.
Hello WSS. This is a pretty long read. It contains my attempt to explain why I think HYMC is an extremely undervalued stock in what is already an extremely cheap precious metals mining sector.
Let me start off by saying I'm a total nerd who sits around and researches precious metals mining companies all day. I've been obsessed with the sector for around a decade & I've spent the last few weeks focusing on this company in particular. I don't think I've ever seen something that caught my eye in the way this company did (considering its fundamentals and story versus relative valuation). Wrote this last night when the price of the stock had closed @ $1.49. Didn't expect such a large bounce today...
Price at time of post: $1.57 Market cap: ~94.5 million
Here are some facts about Hycroft:
The fully owned Hycroft mine is the single largest Silver Deposit in USA located in Northern Nevada.
Not only is it the largest Silver deposit in the USA, it is the largest in any top tier jurisdiction around the world.
It's also the 2nd largest Gold deposit in the USA.
Decades of mine life left & large land package with numerous additional areas to drill/explore.
~86% institutional ownership.
Fully permitted for their current operations and plan.
Infrastructure already on site from predecessor. (This removes the need to purchase expensive mining equipment with long lead times)
Hycroft is not currently profitable as they are in a state of low production as the mine comes back online. However, their bottom line is getting better and better as they have been ramping their production up slowly over time.
Which leads to one of the most exciting facts of all:
Hycroft's forward P/E (2023 consensus estimate) is currently less than 1 @ today's current price of $1.57 per share.
2023 earnings consensus estimate: $1.58 per share
2024 earnings consensus estimate: $1.91 per share
2025 earnings consensus estimate: $2.39 per share
source: https://markets.businessinsider.com/stocks/hymc-stock (scroll down to estimates)
NPV of $2.1 billion [And this is calcuated @ $1,300 gold price]. (so net present value at $1,300 gold is over 20 times current market cap)
Valued far lower than almost all of its peers despite being in a world class jurisdiction.
You may guess that it was in a wartorn region from the way it is currently being valued by the market. There are other companies operating in extremely unstable regions that are valued many multiples higher relative to NPV (& I mean WAY higher).
Hycroft is not in any major mining indexes or ETFs (that I'm aware of) & is currently flying under the radar (very little discussion/awareness of this company online)
CEO has PHD in engineering, masters in mineral economics, and decades of successful mining experience. She also has at least $500,000 in shares according to the reported insider transactions. The rest of the team and the company's contractors seem very competent as well.
In the spirit of full disclosure, here are some possible downsides to this company and counter-arguments to them:
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The previous owner of this mine went bankrupt. Some may assume that Hycroft is destined for bankruptcy due to the fact that its previous owner, Allied Nevada Gold, went bankrupt mining the same property. This is definitely something worth looking into. However, there are a number of things that are different for this company today vs the predecessor in 2015.
First of all, the previous owner had hundreds of millions of dollars more in debt when they went bankrupt. They were much more leveraged on the debt side.
Secondly, gold traded around the $1,100 area for much of 2015 when they went bankrupt. I don't know about you, but I don't expect prices to go back there any time soon.
2) Their orebody is relatively low grade. This is a challenge and adds to the cost of extraction. However, analysts clearly think they will be profitable despite this. Their NPV calculation also considers the ore grade and relative cost of extraction. Also, the massive size of the deposit creates for the benefit of economies of scale, whereby the company can apply costs over the long mine life and large project. This is way better than having to buy equipment, recruit employees, and do research for a smaller mine with a shorter lifespan.
To summarize the big picture:
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You've got gold and silver which are trading at a very low level relative to the S&P500 and broader market.
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Then you have gold miners which are trading at a very low historical level relative to gold itself.
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Then you have Hycroft which is trading at a very low level relative to other gold/silver miners despite a seemingly excellent story & fundamentals.
Link to their recent investor presentation with even more info: http://www.hycroftmining.com/wp-content/uploads/9-8-21-Beaver-Creek-PMS-2021-Final.pdf
The presentation has a ton more info than I was able to provide. Definitely consider taking a look.
I'm not an advisor, this isn't investment advice. Do your own research. I don't have a crystal ball and there could be unforeseen pros and cons of this company.
It can take hundreds of hours to truly understand a business, and, even then you never know exactly what the future holds. On a related note, if you see anything incorrect in my post, please don't hesitate to call me out on it.
Hope this was useful.
I’ve been keeping an eye on this company for the last few weeks, at first intrigued as to why the price had fallen so low.
Since I started learning more about this company, I’ve seen various opinions ranging from, “stay clear, it’s going to zero” to “all in, it’s going to the moon.”
But having listened to the CEO and learned just how much “skin in the game” employees have, how much they have improved in recent months in terms of worker safety and productivity, I’m hopeful this will be the beginning of an up turn in fortunes. In terms of why there is so little “chat” on the stock, that could well change. Think of it as the smart money getting in first.
Good Morning Apes and Apettes. At 7:35 am HYMC was up .006 to .307. Gold was up $3.50 to $1938.40 and Silver was up .11 $23.00. LFG!!! I don't know why Reddit is double posting my post, if anyone knows why this is happening please comment, thank you.
HYMC closed at .301 on 10/16/2023.
📷Diane Garrett reposted this📷Hycroft Mining Holding CorporationHycroft Mining Holding Corporation2,824 followers2,824 followers19h • 19h • We have real opportunity on our hands! We recently completed an exploration drill program targeting higher-grade material identified through our initial assessment work.
Phase 1& 2 drilling discovered higher-than-average gold and silver grades within the known resource and confirmed mineralization remains open at depth and in all directions. We also know that additional high-grader gold and silver mineralization exists beyond the known resource.
Have a look at the 3-D renderings of the known resource and learn more details here ➡️ https://loom.ly/P328TCo
NYSE: HYMC
hashtag#gold hashtag#Nevada hashtag#silver hashtag#exploration hashtag#AmericanGold hashtag#AmericanSilver hashtag#mining📷Hycroft Mining - Geology
Thinking about why I first bought shares of AMC over a year ago, it was after the news started covering the Gamestop story and I wanted to get in on it, but at the time a share of Gamestop was over $50 while I could get a share of AMC for under $14
AMC has always been the value-brand short squeeze play, with the price of a share of AMC being nearly a quarter of the price of a GME share... I like many people bought AMC because we saw it was Shorted like GME but our money could buy many more shares of AMC than we'd get shares of GME.
For this reason I think HYMC is a great play by AMC, After all HYMC is an extremely cheap stock right now with a low float, meaning it would be very easy for retail investors to buy up all the shares of HYMC. Drawing new investors into this mining company that has a high short interest, low float, and low cost is an Amazing short squeeze play!!!
However short squeeze aside, drawing in new investors to HYMC and allowing HYMC to generate more liquidity with a share offering will benefit both AMC & HYMC in the long run, Yes while I know a Share offering will make it harder for a short squeeze to happen on HYMC it will generate the liquidity (money) that HYMC needs to get its feet off the ground and become a very profitable mining company. Keep in mind AMC has pushed a lot of it's debt off for a few years, and even if it takes 4 years for this mining company to be worth a lot more that's still an amazing play for AMC in the long run...
Basically it's a great play because the possibility of a short squeeze will draw retail investors in, and if it does squeeze it will cause AMC's stock to squeeze as well... But at the very least if HYMC does do a share offering and enough Apes buy into it, this will result in HYMC being a stronger company with a much more profitable future, which as a longer term investor it will vastly benefit AMC, especially when AMC's debt comes due and HYMC has multiplied in value....
I'm currently jobless so I won't be buying any HYMC, but if I did have excess cash I would be buying HYMC as both a short squeeze play and/or a long term investment. All I can do at the moment is hold my AMC shares and sell covered calls to pay my bills lol 😆 Hopefully I'll get a job again soon so I can get back to buying more AMC...
To those of you who buy Shares of HYMC I wish you all the best of luck!!! To those of you who think HYMC is just a distraction, all I have to say to you is... At the very least this is more positive news for AMC, just getting AMC in the news is good publicity, it's good that Apes have another reason to be excited about AMC!!!
*Not Financial Advice, I'm not a financial advisor
Squeeze these nuts you fuckin nerd.
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Once upon a time, the stock market used to be about making money.
What with WW III brewing, I suppose meme-squared stocks will have to do.
Mining companies like HYMC are a great long term hold because of what is happening in the financial system and the growing movement away from fiat currencies as a whole. Gold and Silver are slowly being recognized for what they truly are which is real, and sound money. I hold HYMC because I understand they are sitting on top of real money. I hold because I believe central banks are a con, and when the world begins to understand the freedom that comes with a sound monetary system, it will demand that article 1 section 10 be put back in its place. There isn't enough metal on the planet to cover a small amount of the demand to come. HOLD REAL MONEY. AND HOLD A COMPANY THATS SITTING ON REAL MONEY. 🦍🦍🦍🦍
Good Morning Apes and Apettes. On 3/12/2024 at 8:10 am HYMC pre-market price was up .06 to $2.33. Gold was down $11.00 to $2184.50 and Silver was down .09 to $24.64. LFG!!!
This morning's prices came from the NASDAQ and Ampex.
HYMC closed at $2.27 on 3/11/2024.