Replies to post #11346 on Hycroft Mining Holding Corp (HYMC)

[Tradernick5]

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!!