Hycroft Q2 2024: cash $58.5M, zero lost-time incidents, sold 2.5M shares for $9.2M

HYCROFT MINING HOLDING CORP

2024-Q2 EPS reported -$1.55 vs consensus -$0.52 ▼ miss (-198.0%)

Cash $58.5M, total debt $119.3M net of discounts at June 30, 2024.
Zero lost-time incidents for 8th consecutive quarter; TRIFR of 0.00.
Sold 2.5M common shares via ATM program for gross proceeds of $9.2M.
2024 drill program expanded to ~6,200m core; ~4,000m completed by June 30.
IP geophysical surveys completed; results expected Q3 2024.

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