Hycroft Mining Holding Corporation. Stock Analysis HYMC

Hycroft Mining Holding Corp. engages in the exploration, mining, and development of gold and silver properties. The company is headquartered in Winnemucca, Nevada and currently employs 51 full-time employees. The company went IPO on 2018-02-12. Hycroft Mine, a gold and silver operation, is located 54 miles northwest of Winnemucca, spanning Humboldt and Pershing counties in Nevada. The company focuses on exploration drilling and data analyses, completing technical studies, conducting trade-off studies and alternative analyses for determining the optimal process flow sheet for processing sulfide ores and recovering gold and silver. The Hycroft Mine is an operating segment and includes the mine site, exploration, and development activities. The property consists of 25 patented claims covering approximately 1,855 acres and 3,249 unpatented lode and placer claims spanning roughly 62,298 acres, totaling approximately 64,000 acres. The company contains measured and indicated mineral resources which include approximately 16.4 million ounces of gold and 562.6 million ounces of silver.