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Markets · Investing · Business
Finance
Why Hycroft Mining Stock Zoomed More Than 7% Higher Today
At a stroke, the company has drafted four top experts in precious metals mining.
An intake of experienced mining industry veterans into the boardroom and rising precious metals prices were the twin catalysts propelling Hycroft Mining(NASDAQ: HYMC) stock to a satisfying gain on Wednesday. The gold and silver specialist's equity closed the day more than 7% higher.
Shortly after market close on Tuesday, Hycroft announced the appointment of four new individuals to its board of directors, effective that day. Each is a seasoned executive in the precious metals industry, adding significant heft and expertise to the board, which now comprises nine individuals.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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