Gold and Silver Mining Stocks Lose 300 Billion Won in Market Value in One Day

Hycroft Mining Holding Corporation (NASDAQ: HYMC) slid 7.48% to close at $39.57 on the Nasdaq, erasing roughly $230 million (about KRW 300 billion) in market capitalization in a single day. The company’s market cap now stands at approximately $3.3 billion (around KRW 4.3 trillion). Trading volume for the day reached 6.62 million shares.

Recently, Hycroft strengthened its capital-raising capacity by registering a new equity shelf for up to $160 million and underscored its asset value by announcing successive high-grade silver discoveries at its Nevada Hycroft mine. As of year-end 2025, the company is essentially debt-free with about $170 million in cash on hand, and it is advancing large-scale drilling programs and technical reporting.

Hycroft Mining Holding is a precious metals developer operating the large Hycroft gold-silver deposit in northern Nevada. The company is transitioning from an oxide-heap-leach recovery method to a large-scale sulfide milling operation. Its total land package exceeds 64,000 acres, yet less than 10% has been explored to date, indicating significant upside potential for additional resource discoveries.