New York, January 22, 2026, 14:43 EST — Regular session
- HYMC shares surged on heavy volume, boosted by new highs in precious metals prices that lifted mining stocks.
- According to a fresh SEC filing, Tribeca Investment Partners has reduced its stake in Hycroft to under the 5% reporting level.
- Traders await Hycroft’s upcoming drill updates along with key study and resource milestones expected soon.
Hycroft Mining Holding Corp shares jumped roughly 15.5% on Thursday, closing at $45.71 after reaching an intraday peak of $46.89. The stock extended its strong rally in the small-cap precious-metals sector, with around 5.5 million shares changing hands by mid-afternoon.
Gold and silver prices continue to hit new highs, lifting mining stocks broadly. Spot silver surged to a record $96.58 an ounce on Thursday. Nikos Tzabouras, senior market analyst at Tradu, noted that “silver has a far more compelling fundamental narrative than gold.” (Reuters)
Hycroft’s shareholder list saw a notable change Thursday. Tribeca Investment Partners revealed in a Schedule 13G filing that it now holds 2,103,480 shares and share-linked warrants, equal to 2.5% of the company. That’s a drop from the 6,615,366 shares and warrants—around 8%—reported in an earlier filing. (For context, a Schedule 13G signals large-holders; warrants are options convertible to shares at a fixed price.) (SEC)
A separate filing revealed a Form 144, which often indicates an affiliate’s plan to sell shares under SEC Rule 144. This one detailed a proposed sale of 17,435 Hycroft shares via Morgan Stanley Smith Barney, valued at roughly $699,000. (SEC)
Thursday’s surge wasn’t limited to Hycroft. Hecla Mining jumped roughly 8%, Coeur Mining gained close to 12%, and Pan American Silver saw about a 7% boost, all riding the wave of a broader rush into precious-metals stocks.
Hycroft, owner of the Hycroft mine in Nevada, has kept investors engaged with drill results and plans to expand high-grade silver zones at Vortex and Brimstone. In a December update, Vice President of Exploration Alex Davidson noted Vortex was “returning longer intercepts of very high grades.” CEO Diane Garrett added that the two systems are “fundamentally reshaping Hycroft’s value proposition.” (Hycroft Mining)
The company outlined a packed schedule for early 2026. It expects to complete its updated mineral resource estimate early in Q1, followed by a technical report with economic details due by the end of that quarter. Analysis on a possible heap-leach restart is targeted for completion in the first half of 2026.
But the setup can flip quickly. Hycroft stays a high-beta play, closely linked to metals prices and its own drilling and study updates. A drop in gold or silver, or a quiet spell from the company, could sap momentum fast. Ownership turnover and occasional sale announcements also risk rattling a market that’s been reliant on steady flow.
