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Stock impact report

Hycroft Mining (HYMC) Loses 11.5% as Silver, Gold Fall From Record Highs [Yahoo! Finance]

Hycroft Mining Holding Corporation - Class A (HYMC) 
Company Research Source: Yahoo! Finance
Hycroft dropped for a second day on Thursday, shedding 11.53 percent to close at $45.73 apiece as investors took path from the decline in prices of precious metals during the session. After hitting a series of record runs, spot prices of silver and gold both dropped by more than 1 percent during the session, a day after the Federal Reserve's decision to keep interest rates unchanged. Photo from Hycroft Mining website Additionally, investors appeared to have taken profits after gold and silver's surge of 23.5 percent and 51 percent, respectively, year-to-date. Meanwhile, Hycroft Mining Holding Corp. (NASDAQ:HYMC) has already jumped by as much as 147 percent year-to-date, having hit its highest price of $58.73 last week. In recent news, Hycroft Mining Holding Corp. (NASDAQ:HYMC) announced that it had found the highest grades of silver in the Vortex Silver System at its Nevada site, and that drilling results in all depths and directions show continuity of resources. Hycroft Show less Read more
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