Friday, November 12, 2021 6:39:34 PM
This was from the Q3 earnings call on Monday...
Production in the third quarter of 2021 of 14,831 ounces of gold and 91,437 ounces of silver represented a 240% and 295% increase in ounces produced, respectively, compared with the corresponding quarter in 2020. As of the end of the third quarter, gold and silver production are approximately 91% and 75% of the mid-point of full year 2021 guidance.
Sales in the third quarter of 2021 were 16,354 ounces of gold (average realized price of $1,781 per ounce) and 105,478 ounces of silver (average realized price of $24.15 per ounce).
Despite the higher production and sales compared to the respective 2020 periods, Hycroft has consistently generated operating losses and used cash in operating activities as a result of operating a pre-commercial scale direct leaching ROM operation with high relative operating costs due to insufficient recoveries resulting from lower grades mined combined with escalating prices of consumables and reagents. The Company expects to report financial results for the quarter ended September 30, 2021, after the close of market on November 11, 2021.
Close to $31,000,000 Million Dollars in Revenue!!
Production in the third quarter of 2021 of 14,831 ounces of gold and 91,437 ounces of silver represented a 240% and 295% increase in ounces produced, respectively, compared with the corresponding quarter in 2020. As of the end of the third quarter, gold and silver production are approximately 91% and 75% of the mid-point of full year 2021 guidance.
Sales in the third quarter of 2021 were 16,354 ounces of gold (average realized price of $1,781 per ounce) and 105,478 ounces of silver (average realized price of $24.15 per ounce).
Despite the higher production and sales compared to the respective 2020 periods, Hycroft has consistently generated operating losses and used cash in operating activities as a result of operating a pre-commercial scale direct leaching ROM operation with high relative operating costs due to insufficient recoveries resulting from lower grades mined combined with escalating prices of consumables and reagents. The Company expects to report financial results for the quarter ended September 30, 2021, after the close of market on November 11, 2021.
Close to $31,000,000 Million Dollars in Revenue!!
Recent HYMC News
- Hycroft Intersects 33.70 g/t Gold and 2,890 g/t Silver at Vortex • PR Newswire (US) • 04/02/2026 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/18/2026 12:31:45 AM
- Hycroft Extends High-Grade Silver at Brimstone • PR Newswire (US) • 03/16/2026 08:15:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/12/2026 01:13:22 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/12/2026 01:13:19 AM
- Form 4/A - Statement of changes in beneficial ownership of securities: [Amend] • Edgar (US Regulatory) • 03/12/2026 01:10:16 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/03/2026 11:15:24 AM
- Hycroft Files 2025 10-K and Provides Corporate Update • PR Newswire (US) • 03/03/2026 11:15:00 AM
- Hycroft Delivers 55% Growth in Mineral Resources • PR Newswire (US) • 02/18/2026 11:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/06/2026 02:00:41 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/04/2026 09:05:54 PM
- Protecting the Supply: North America’s Next Generation of Strategic Mineral Leaders • GlobeNewswire Inc. • 01/22/2026 02:35:13 PM
- Hycroft Reports Higher Grade in Vortex Silver System • PR Newswire (US) • 12/22/2025 01:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/16/2025 10:30:42 PM
- Hycroft Expands Vortex High-Grade Silver System • PR Newswire (US) • 12/15/2025 02:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/24/2025 10:17:48 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 11/12/2025 10:12:17 PM
- Soaring Prices and Relentless Buying Create Perfect Storm for Gold Miners • PR Newswire (US) • 10/29/2025 01:47:00 PM
- Soaring Prices and Relentless Buying Create Perfect Storm for Gold Miners • PR Newswire (US) • 10/29/2025 01:45:00 PM
- Soaring Prices and Relentless Buying Create Perfect Storm for Gold Miners • PR Newswire (Canada) • 10/29/2025 01:45:00 PM
- Hycroft Files Third Quarter 2025 10-Q and Provides Corporate Update • PR Newswire (US) • 10/28/2025 10:45:00 AM
- Hycroft Mining Shares Rise After Paying Off $125.5 Million in Debt • IH Market News • 10/16/2025 03:05:04 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/16/2025 12:10:42 PM
