AMC Entertainment purchased 22% of Hycroft Mining (NASDAQ: HYMC) of northern Nevada. Eric Sprott is also making an investment in Hycroft equal to AMC. AMC will receive an additional 23.4 million warrants in Hycroft at $1.07 per share.
The price of HYMC is now $1.52 and the market cap 91.825Mil.
I wouldn`t be surprised to see a spike to the $3.90 resistance.