Hycroft Mining Announces $60M Private Placement

Hycroft Mining Holding ( (HYMC) ) has shared an update.

On September 2, 2025, Hycroft Mining Holding Corporation announced a non-brokered private placement of 14,017,056 units at $4.2805 per unit, expected to raise $60 million. This investment, primarily subscribed by Eric Sprott and Tribeca Global Natural Resources Ltd., will increase Sprott’s ownership in Hycroft to 33% and Tribeca’s to 8%. The proceeds will fund the advancement of the Hycroft Mine and general corporate purposes. This financial backing positions Hycroft to capitalize on high silver prices and the U.S. government’s designation of silver as a critical mineral, enhancing its strategic importance.

Spark’s Take on HYMC Stock

According to Spark, TipRanks’ AI Analyst, HYMC is a Underperform.

Hycroft Mining Holding’s overall stock score is low, primarily due to its dire financial condition, with zero revenue, negative equity, and persistent losses posing significant risks. While technical indicators show positive momentum and recent exploration results are promising, the unattractive valuation reflects the ongoing financial challenges. Strategic and financial restructuring is crucial to improve the company’s outlook.

To see Spark’s full report on HYMC stock, click here.

More about Hycroft Mining Holding

Hycroft Mining Holding Corporation is a U.S.-based company focused on gold and silver exploration and development at the Hycroft Mine, one of the world’s largest precious metals deposits located in northern Nevada. The company is transitioning from oxide heap leaching operations to a milling operation for processing sulfide ore and is actively engaged in exploration drilling to unlock the potential of its expansive land package.

Average Trading Volume: 693,061

Technical Sentiment Signal: Buy

Current Market Cap: $178.2M

Learn more about HYMC stock on TipRanks’ Stock Analysis page.