HYCROFT MINING HOLDING (HYMC) Company Report

Hycroft Mining Holding Corporation eliminated all debt from its balance sheet in 2025 and now holds approximately $175 million in cash, which is expected to exceed $200 million with the exercise of recent warrants.
80% of the company's shares are now held by long-term institutional shareholders, with Eric Sprott owning approximately 40%.
The company reported two high-grade silver discoveries in 2023 and 2024, and currently has three drill rigs on site, with two more expected by mid-2026 to expand these systems and test new prospective targets.
During the 2025 Annual Meeting, shareholders approved the election of six directors, the 2025 performance and incentive pay plan, and ratified Baker Tilly, LLP as the independent auditor for 2025.

Dec 29, 2025, 4:30 PM

Transcript

Hycroft Mining Holding Corporation Holds 2025 Annual Meeting, Announces Debt Elimination and Strong Cash Position

HYMC

Proxy Vote Outcomes

Executive Compensation

New Projects/Investments

Hycroft Mining Holding Corporation eliminated all debt from its balance sheet in 2025 and now holds approximately $175 million in cash, expected to exceed $200 million with the exercise of recent warrants.
The company's shareholder base is now 80% institutional, with Eric Sprott owning approximately 40% of the company, alongside other major investors like BlackRock, Franklin Templeton, and Schroders.
Stockholders approved the election of six directors, the 2025 performance and incentive pay plan, and ratified Baker Tilly, LLP as the independent auditor for 2025.
Hycroft continues to expand high-grade silver discoveries made in 2023 and 2024, with three drill rigs currently on site and two more expected by mid-2026.

Dec 29, 2025, 4:30 PM

Transcript

Hycroft Mining Eliminates Debt, Attracts Major Institutional Investors, and Approves 2025 Incentive Plan

HYMC

Executive Compensation

New Projects/Investments

Proxy Vote Outcomes

Hycroft Mining eliminated all debt from its balance sheet in 2025 and now holds approximately $175 million in cash, with expectations to exceed $200 million following warrant exercises.
The company has significantly increased its institutional shareholder base, with 80% of shares now held by long-term institutional investors, including Eric Sprott (approximately 40% ownership), BlackRock, Franklin Templeton, and Schroders.
Stockholders approved the 2025 performance and incentive pay plan and ratified Baker Tilly, LLP as the independent auditor for 2025.
Hycroft reported two very high-grade silver discoveries in 2023 and 2024, with ongoing exploration utilizing three drill rigs and two more anticipated by mid-2026, and expects an updated resource report and technical report in early 2026.

Dec 29, 2025, 4:30 PM

Transcript

Hycroft Reports Higher Grade in Vortex Silver System

HYMC

New Projects/Investments

Hycroft Mining Holding Corporation announced drill results from its 2025-2026 Exploration Drill Program at the Hycroft Mine in Nevada.
The drilling identified highest grades to date in the Vortex Silver System, with multiple intercepts grading 960 g/t to 1545 g/t silver.
Drill hole H25D-6072 showed 26.4 meters at 565.31 g/t Ag and 0.46 g/t Au, and the Vortex system expands approximately 70 meters to the northwest and 90 meters down-dip to the west, remaining open in all directions and at depth.
These results represent a meaningful advance in scale and confirm exceptional silver grades and increasing continuity, which is fundamentally reshaping Hycroft's value proposition.

Dec 22, 2025, 1:30 PM

8-K

Hycroft Reports Higher Grade in Vortex Silver System

HYMC

New Projects/Investments

Hycroft Mining Holding Corporation announced drill results from its 2025-2026 Exploration Drill Program at the Hycroft Mine in Nevada.
The program identified the highest grades to date in the Vortex silver system, with multiple intercepts grading 960 g/t to 1545 g/t Ag.
Drill hole H25D-6072 showed 26.4 meters at 565.31 g/t Ag and 0.46 g/t Au (618.96 g/t AgEq), expanding the Vortex system approximately 70 meters to the northwest and 90 meters down-dip to the west.
The Vortex system remains open in all directions and at depth, with the company's exploration strategy focused on expanding both the Vortex and Brimstone high-grade silver systems.

Dec 22, 2025, 1:30 PM

Press Release

Hycroft Mining Holding Corporation Announces Initial Drill Results and Corporate Update

HYMC

New Projects/Investments

Guidance Update

Hycroft Mining Holding Corporation announced initial drill results from its 2025-2026 Exploration Drill Program, revealing the highest silver grades to date in the Vortex system and its expansion over 75 meters to the west.
As part of the current drill program, the company has completed four holes totaling approximately 1,550 meters at Vortex and six holes totaling approximately 3,320 meters at Brimstone.
As of December 12, 2025, Hycroft reported approximately $175 million in unrestricted cash and remains debt-free, with an additional $41.3 million expected from warrant exercises in January 2026.
An updated mineral resource estimate is anticipated early in the first quarter of 2026, with a technical report including economics expected late in the first quarter of 2026.

Dec 16, 2025, 12:27 AM

8-K

Hycroft Mining Reports High-Grade Silver Discoveries and Corporate Updates

HYMC

New Projects/Investments

Guidance Update

Hycroft Mining Holding Corporation announced initial drill results from its 2025-2026 Exploration Drill Program, highlighting the Vortex high-grade silver system with the highest grades to date, including 30.8 meters at 438.58 g/t Ag and 0.41 g/t Au (5.48 g/t AuEq) in hole H25D-6070.
The company is evaluating the potential to re-start a heap leaching operation in advance of milling due to higher gold and silver prices, with the analysis expected to be completed in the first half of 2026.
An updated mineral resource estimate, incorporating 2023 and 2024 drilling, is anticipated early in the first quarter of 2026, which will feed into a technical report with economics expected late in the first quarter of 2026.
As of December 12, 2025, Hycroft had approximately $175 million in unrestricted cash and remains debt-free, with an additional $41.3 million expected from warrant exercises in January 2026.

Dec 15, 2025, 2:00 PM

Press Release

Hycroft Mining Holding Corporation Announces Q3 2025 Results and Corporate Update

HYMC

Earnings

New Projects/Investments

Hycroft Mining Holding Corporation eliminated approximately $136 million of total indebtedness, becoming debt-free after raising $235 million in net cash proceeds through various equity offerings and warrant exercises during Q3 2025 and through October 27, 2025.
The company's shareholder base has shifted, with approximately 80% of outstanding shares now held by institutional investors within the global mining sector.
Hycroft initiated its 2025-2026 Exploration Drill Program, completing 2,450 meters of drilling on five exploration holes by September 30, 2025, and plans to expand the program with two additional core drill rigs.
Technical studies for a sulfide milling operation showed higher gold and silver recoveries in testing, and the company is evaluating the re-start of a heap leaching operation due to strong precious metal prices.

Oct 28, 2025, 10:50 AM

8-K

Hycroft Announces Third Quarter 2025 Results and Corporate Update

HYMC

Earnings

New Projects/Investments

Hycroft Mining Holding Corporation announced its third quarter 2025 results and the filing of its Form 10-Q on October 28, 2025.
The company eliminated approximately $136 million of total indebtedness, becoming debt-free, after strengthening its balance sheet by raising $235 million in net cash proceeds through various equity initiatives.
As a result of the equity offerings, approximately 80% of Hycroft's outstanding shares are now held by institutional investors within the global mining sector.
Operationally, Hycroft maintained a 0.00 TRIFR for three years as of October 23, 2025, and initiated a 14,500-meter exploration drill program for 2025-2026, with 2,450 meters completed by September 30, 2025.
Technical studies for a sulfide milling operation showed higher gold and silver recoveries, and the company is evaluating the re-start of a heap leaching operation.

Oct 28, 2025, 10:45 AM

Press Release

Hycroft announces full debt repayment

HYMC

Hycroft Mining Holding Corporation repaid all of its remaining debt on October 15, 2025, with total payments amounting to $125.5 million, including accrued interest.
This repayment included the $15.0 million principal balance of its first-lien debt and the repurchase of subordinated notes with an aggregate face value of $120.8 million at a 9% discount for $110.4 million.
As a result of these actions, Hycroft is now debt-free for the first time since becoming a public company.
Following 2025 equity offerings, approximately 80% of Hycroft's outstanding shares are now held by institutional investors.