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Barchart
Barchart
Will Ashworth

Top 100 Stocks to Buy: AMC Entertainment Partially Exited Hycroft Mining Earlier This Month. There’s Good News and Bad News for AMC Shareholders.

AMC Hycroft Hycroft Mining Eric Sprott AMC Entertainment Mining Adam Aron Entertainment Barchart silver

On Monday, Hycroft Mining (HYMC), the number one stock on Barchart’s Top 100 Stocks to Buy list, announced positive exploration drilling rights from its Vortex silver system in Nevada. The stock jumped 49% on the news. It is up over 10% in Tuesday morning trading.

While Eric Sprott, Hycroft’s largest shareholder as of Dec. 18, with a 33% ownership stake, has got to be ecstatic with the news, AMC shareholders must be wondering what, if anything, yesterday’s news means for them.

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