New York, Jan 21, 2026, 05:11 EST — Premarket
- Hycroft Mining’s shares jumped roughly 24% in premarket trading following Tuesday’s close.
- Gold climbed past $4,800 an ounce, while silver stayed just shy of a record high, boosting shares of precious-metals miners.
- A Form 144 filing revealed a minor planned sale from a trust connected to a Hycroft director.
Shares of Hycroft Mining Holding Corporation jumped $8.17, roughly 24%, to hit $42.77 in Wednesday’s premarket session, building on a strong rally fueled by soaring bullion prices.
Gold soared past $4,800 an ounce on Wednesday, hitting a new record as investors rushed to safety amid escalating U.S.-NATO tensions over Greenland. “It’s the loss of trust in the U.S.,” said Kyle Rodda, senior market analyst at Capital.com. Meanwhile, silver slipped below Tuesday’s peak of $95.87. 1
Metals rallied strongly earlier this week, with gold topping $4,700 and silver pushing past $95. Wall Street, however, slipped amid rising tariff concerns that sparked risk aversion. “Gold has surged deeper into uncharted territory,” said Fawad Razaqzada, market analyst at City Index and FOREX.com. 2
Premarket action saw broad moves across the sector: Newmont climbed roughly 4%, Hecla Mining surged around 6%, and Coeur Mining edged up about 1%.
Hycroft surged ahead of its bigger rivals, highlighting how smaller miners often act like leveraged plays on metal prices when investor interest spikes.
Hycroft, a gold and silver explorer and developer, owns the Hycroft Mine in northern Nevada. The company is currently conducting technical studies aimed at transitioning the site to large-scale milling of sulfide ore, according to its profile. 3
A Form 144 filing revealed the Wieshofer Family Trust intends to offload 17,435 shares, a minor portion of the approximately 80.97 million shares outstanding noted in the filing. 4
A fast tape often brings its usual downside: bullion can pull back, and shares can swing sharply both ways. In a late-December prospectus linked to a “shelf” registration — an SEC filing allowing a company to sell securities in portions over time — Hycroft revealed it could offer up to $500 million worth of securities. This move boosts financing options but also raises dilution risks if the company decides to tap the shelf.
Traders are watching to see if gold can maintain its recent highs and if silver will cling to its peak without triggering a broader selloff in metals.
U.S. rates are set for their next big test as markets price in a pause from the Federal Reserve at the Jan. 27-28 meeting. Citi Research analysts say they’re still tactically bullish on precious metals, eyeing three-month targets of $5,000 for gold and $100 for silver. 5
