Hycroft Mining Holding Corporation (HYMC)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Hycroft Mining Holding Corporation (“Hycroft” or the “Company”) (NASDAQ: HYMC). The investigation concerns whether Hycroft and certain of its officers and/or directors have violated federal securities laws.
On November 10, 2021, Hycroft issued a press release reporting its operating results for the third quarter of 2021 and providing a business update. Among other items, Hycroft disclosed that “[a]s a result of current and expected ongoing cost pressures for many of the reagents and consumables used at the Hycroft Mine, and the timeline for completing its updated technical studies in early 2022, effective immediately the Company is discontinuing pre-commercial scale mining at its run-of-mine (‘ROM’) operation.” On this news, Hycroft’s stock price fell sharply during intraday trading on November 10, 2021.
If you are aware of any facts relating to this investigation, or purchased Hycroft shares, you can assist this investigation. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.