Hycroft Mining Stock News and Forecast: $HYMC is high-risk investing for the long term
y. HYMC stock surged in a frenzy of interest earlier in March after AMC announced an investment in the company, which caught many investors by surprise.
Hycroft Mining issued a press release back in November: “As a result of current and expected ongoing cost pressures for many of the reagents and consumables used at the Hycroft Mine, and the timeline for completing its updated technical studies in early 2022, effective immediately the Company is discontinuing pre-commercial scale mining at its run-of-mine operation.”A company on the ropes was saved by AMC, which was itself saved by Reddit-inspired retail traders.
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