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Hycroft Mining Jumps 19% on Metals Rebound, High-Grade Silver Results

The surge followed a company disclosure of high-grade silver at its Nevada Vortex system during a bounce in gold and silver prices.

Overview

  • Shares closed at $42.07 after a 19.48% gain on Tuesday, ending a four-day decline.
  • Spot silver rose 2.25% and gold added 1.84% during the session, according to market reporting.
  • Hycroft said drilling at the Vortex Silver System returned the highest silver grades found there with resource continuity across depths and directions.
  • The company describes its Nevada deposit as one of the world’s largest gold and silver projects under development.
  • Coverage attributed the move to operational news and bargain-hunting, with promotional commentary rather than independent regulatory citations.