Hycroft Mining Holding Corporation Company profile
About Hycroft Mining Holding Corporation
Hycroft Mining Holding Corporation is a gold and silver producer. The Company is engaged in the operations, development and exploration activities of Hycroft Mine. The Company’s Hycroft Mine, is an open-pit heap leach operation. The Company’s Hycroft Mine is located approximately 54 miles west of Winnemucca, Nevada. The Company covers an approximately 70,671 acres of patented and unpatented claims. The Hycroft Mine is located on the western flank of the Kamma Mountains.
Financial summary
BRIEF: For the nine months ended 30 September 2021, Hycroft Mining Holding Corporation revenues increased from $31.1M to $86.7M. Net loss decreased 64% to $41.3M. Revenues reflect Hycroft Mine segment increase from $19.9M to $86.7M. Lower net loss reflects Interest expense, net of capitalized int decrease of 61% to $15.9M (expense), Write decrease from $17.9M (expense) to $0K.
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