Why Hycroft Mining Was a Tarnished Stock Last Month

The trajectory of precious metals prices in June was hardly helping the stocks of companies that specialize in mining such minerals. Exhibit A: Hycroft Mining (NASDAQ: HYMC), a silver and gold specialist that possesses but a single mine in its home state of Nevada -- although it's quite a large-scale play. With one mine, Hycroft is a classic stock in its sector, a non-diversified company that is always susceptible to spot price movements. That worked beautifully in its favor earlier this year, when a long bull run in precious metals reached record highs for both gold and silver. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool